Beverage, National BreweriesNovember 13, 2018

Natbrew Plc at Half Year 2018
The parent company of Chibuku has had an interesting half year for their 2018 financial year. In a period their Stock Exchange News (SENS) announcement described as “steady”, competitive forces were rife. Draught beer, clear beer, cheap spirits and a handful of new entrants (notably package segment) into their market segment meant price wars and […]

Finance, ZCCM-Investment Holdings PlcNovember 10, 2018

What to do with Ndola Lime?
When we published “The Achilles Heel in ZCCM IH’s Armory”, we decoded signals of an investment in peril. The ZCCM IH 2017 annual report and other SENS announcements were very clear that Ndola Lime was a problem child. A recap of published information on SENS shows the critical time line of official announcements coming out […]

Finance, ZCCM-Investment Holdings PlcNovember 9, 2018

ZCCM Investments Holdings Plc would like to dismiss and refute claims circulating on social media that Ndola Lime Company Limited (NLC) is being sold by ZCCM-IH. These claims are unfounded and false. The position is that two former NLC employees applied to Court to place the company under supervision pursuant to the Corporate Insolvency Act […]

ZCCM-Investment Holdings PlcNovember 8, 2018

Zambia Still a Preferred Destination for Investment in the Mining Sector
PRESS RELEASE Minister of Mines and Minerals Development Hon. Richard Musukwa says for Zambia to continue attracting foreign direct investment in sustainable mining projects, it is important to reduce the risk that comes with mining investment by making sure that the investors have access to adequate geological information. Speaking at the ongoing 5th annual International […]

BankingNovember 7, 2018

Absa Africa Financial Markets Index 2018
Financial Insight Zambia believes in financial markets. They are part of the reason why our analysts work tirelessly to decode the nuances in the numbers of listed companies. This November is special. Our founder was invited to moderate a panel discussion of key stakeholders that are in the ecosystem of capital markets at the Absa […]

Agriculture, Zambeef Products PlcNovember 6, 2018

Zambeef to come in stronger in 2018
It is mid-summer and temperatures are sweltering in Zambia. Perfect weather for a BBQ no doubt. A dash to a Zambeef macro outlet is definitely a must as the company recently announced that the Group year, which ends 30 September 2018, would post an adjusted Profit Before Tax (PBT) of around circa US$ 5 million, […]

Banking, ZANACO plcNovember 1, 2018

ZANACO at Half Year 2018
“Big Strong Reliable” ZANACO Bank Plc has been on a vanity trip over the last couple of quarters. The #Kula inspired bank has seen its image turnaround from the not so good looking cousin from the “east” to a world class image inspired outfit. Hence it comes as no surprise that at half year, there […]

Construction, Lafarge, ManufacturingOctober 27, 2018

Lafarge Zambia Plc at Half Year 2018
On 29th August 2018, Lafarge Zambia Plc. Published its half year performance with an impressive 18% increase in sales revenue compared to the previous years’ half year results. Their SENS announcement attributed the record K498 million revenue to strong market growth in 2018. Their statement identifies the operating environment for Lafarge Zambia as being fairly […]

Economy, FIOctober 26, 2018

Debt, Debt…Debt? Why The Issue of Debt Wont Stop Making Waves?
Why do we keep talking about debt? Why is it SUCH a big deal that we keep coming back to the topic? Why isn’t the evidence of road projects enough to settle the debate? Why is the issue of an IMF package still coming up and not being put to bed? Why is there so […]

MiningOctober 26, 2018

Barrick Opts for Gold
Lumwana Copper Mine up for sale When the following statement was reported by the Financial Times, we knew something was brewing in the mining industry: “Our industry has been criticised for its short-term focus, undisciplined growth and poor returns on invested capital. The merged company will be very different. Its goal will be to deliver […]