Economy, Opinion, RetailMay 21, 2019

The US-China Trade War and how it’s affecting the rest of us – A case of collateral damage
Since January 2018, the United States of America (USA) and China have been involved in an intense trade war that continues to escalate by the day. Trump’s campaign promises were very American-centric and one of his key messages was around addressing the issue of China’s unfair trade practices caused by loopholes in the international trade […]

British American Tobacco, RetailMay 20, 2019

Duo Director exit at BAT following a resignation and retirement
British American Tobacco Plc. Zambia announced the exit of two Directors from the company effective 30th April 2019. BAT is a major distributor of cigarettes in Zambia and one of the two companies that have opened factories in Lusaka’s MFEZ which has had a positive impact on the company’s revenues as the move cooled off […]

Agriculture, Zambeef Products PlcMay 16, 2019

Zambeef Performance Analysis 2018 Financial Year 
The Zambeef Group is one of the largest integrated agri-businesses in Zambia, involved in the primary production, processing, distribution and retailing of beef, chicken, pork, milk, eggs, dairy products, fish, flour and stockfeed, throughout Zambia and the surrounding region, as well as Nigeria and Ghana. The Group is also one of the largest cereal row […]

BankingMay 9, 2019

Atlas Mara’s ‘ABC’ Banking Corp sends take over signal to market
Atlas Mara Limited, a sub-Saharan African financial services group announced at the end of April that they had entered into a binding term sheet with Equity Group Holdings Plc for the exchange of certain banking assets of the company, according Bloomberg press release published on 30th April 2019. Their assets in Zambia were among the […]

Manufacturing, ZAMEFA PlcMay 6, 2019

ZAMEFA forecasts earnings increase north of 190% at half year
The Board of Zamefa forecasts a stronger earnings per share for the six month period ending 31st March 2019 for the 2019 financial year signaling an improvement in profitability compared to the previous financial year. The company is expected to record an increase of between 190% and 210% of the EPS following an increase in […]

Insurance, Prima Reinsurance PlcMay 5, 2019

Prima Reinsurance Plc 2018 Performance
Prima Reinsurance Plc (Prima Re) is a wholly-owned reinsurance company providing products and solutions in the domestic and business sector in Zambia. The company underwrites classes of marine and non-marine reinsurances, which include fire, motor, engineering, aviation, agricultural and work-related accidents. Reinsurance is the practice of insurers transferring portions of risk portfolios to oth

Economy, Opinion, RetailMay 4, 2019

Why Amos Chanda is probably upset with Bloomberg and African Confidential
For those of us that believe in the existence of the random walk hypothesis and consequently the efficient markets hypothesis, we understand that information is very important especially in the era of well developed speculative investors who rarely base investment decisions on fundamentals but on the arrival of new information. The random walk hypothesis is […]

Finance, ZCCM-Investment Holdings PlcMay 2, 2019

Growth in the Electric Car Industry Boosts Interest in Zambia’s Battery Metals: ZCCM IH
ZCCM and Ministry of Mines and Minerals are currently attending the Mines and Money conference and exhibition in New York Permanent Secretary in the Ministry of Mines and Minerals Development Mr. Paul Chanda says Zambia’s mining sector still presents vast investment opportunities in spite of the domestic and global challenges.   Speaking on the sidelines […]

RetailApril 29, 2019

Daily FiZ – Monday 28/04
Domestic Government has called for strong partnership with the private sector in a bid to address casualisation of labour. Read more: ZNBC Minister of Gender Elizabeth Phiri has called for investment in public education systems and infrastructure to help address gender inequalities. Read more: ZNBC Former Foreign Affairs Permanent Secretary Simataa Akapelwa has called on […]

Finance, Madison Financial Services PlcApril 25, 2019

Madison Financial Services Plc 2018 Performance
Madison Financial Services Plc operates a close-knit and WELL DIVERSIFIED FINANCIAL SERVICES GROUP of companies, offering various products and services in the following businesses Madison General Insurance, Madison life Insurance, Madison Finance, Madison Asset Management, Madison Capital and Hillview Estate Limited. Madison was the first privately owned insurance company following the liberalizat