Economy, Opinion, RetailJuly 11, 2020

Weekly Stock Market Review (6th to 10th July 2020)
Two weeks into the month of July 2020 trading on the LuSE, Only two days recorded trades of which Thursdays equities trading was the best performing for the week. Four companies’ securities recorded trades.Trading activity was recorded in CEC ZAMBIA, AEL ZAMBIA, ZANACO and LAFARGE. Monday 6th There were no trades recorded today. The LuSE […]

Economy, RetailJuly 9, 2020

Daily FiZ – Thursday 09/07
Story of the Day: Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services fulfilling its mission of ensuring Zambians, particularly women are able to participate in the economy through its financial inclusion strategy. Read more […]

British American Tobacco, RetailJune 26, 2020

Mundashi exits the Tobacco Boardroom
British American Tobacco Zambia Plc has announced the resignation of its Chairman from the Board, according to a statement from the company. “In accordance with Section 3.59 of the Lusaka Securities Exchange Listings Requirements (“LuSE Listings Requirements”), the Board of Directors of British American Tobacco Zambia Plc (“the Company” or “BATZ”) (the “Board”) wishes to [&hellip

RetailApril 22, 2020

ZAM’s RESPONSE TO THE MINISTRY OF FINANCES ASSESSMENT OF THE IMPACT OF THE COVID-19 ON ECONOMIC PERFORMANCE
The Zambia Association of Manufacturers wishes to commend the Government of the Republic of Zambia for the gallant effort they are making to address the negative economic impacts of COVID-19 on the Zambian economy. Notably, the economy is expected to contract from an initial target of 3.6% to negative 2.6% by the end of 2020 […]

Economy, Opinion, RetailJanuary 25, 2020

Corporate Bond Market Diary (20th to 24th January) 
  In the fourth week of corporate bond trading, bonds of total face value of K66,390,000 were transacted in 19 trades, yielding a market value sales of K44,676,000. With only one week left in the month of January 2020 trading, week three remains the best performing on the Corporate Bond Market which recorded the highest […]

Economy, Opinion, RetailJanuary 18, 2020

Weekly Capital Market Review (13th to 17th January 2020)
  In the third week of trading on the LuSE we begin to see a pattern as the corporate bond market continues its dominance  over the equities market scoring a 100% once again.   Equity Market Update In the week ended 17th January 2020, a total of 48,273 shares were transacted in 98 trades, yielding […]

British American Tobacco, RetailOctober 6, 2019

Godfrey Machanzi bows out of BAT job; Kimesh Naidoo Heir apparent
British American Tobacco Zambia has announced the resignation of its Chief Executive, Godfrey Machanzi, from his executive director position at the cigarette manufacturing company.   “In accordance with Section 3.59 of the Lusaka Securities Exchange Listings Requirements the Board of Directors of British American Tobacco Zambia Plc wishes to announce the resignation of Mr Godfrey […]

Economy, RetailSeptember 18, 2019

Daily FiZ – Wednesday 18/09
Story of the Day The property investment company, Real Estates Investment Zambia (REIZ) has announced the resignation of one of their longest service directors, Dr. Elizabeth Nkumbula, from the board, according to a statement issued by the company. Read more Domestic Business & Finance Government has disclosed that they will be increasing electricity tariffs by […]

RetailSeptember 10, 2019

Daily FiZ – Tuesday 10/09
Story of the Day Domestic Business and Finance One of Zambia’s largest farm input suppliers, African Green Resources (AGR) plans to invest $150 million with local farmers to develop an irrigation dam, a 50 megawatt solar farm and expand existing grain silo capacity by 80,000 tonnes. Read more: Reuters The Zambia Chamber of Mines has […]

British American Tobacco, RetailAugust 25, 2019

BAT Zambia’s half performance dented by finance costs
British America Tobacco (BAT) Zambia expects to announce half year financial results on 26th August that will be weaker than its 2018 half year performance, according to a statement from the company. “In accordance with the Lusaka Securities Exchange Listings Requirements, the Board of Directors of British American Tobacco Zambia PLC hereby advises the Shareholders […]