Economy, OpinionJuly 4, 2020

Bond Market Diary (29th June to 3rd July 2020)
In the final week of June and beginning of July 2020 bond trading, bonds of total face value of K83,722,000 were transacted in 11 trades, yielding a market value sales of K44,983,000. Thursdays’ bond trading was the best performing for the week. Week three of June recorded the highest Total Face Value, Market Value Sales […]

Economy, OpinionJuly 4, 2020

Weekly Capital Market Report (29th June to 3rd July 2020)
In another magnificent turn of events the final week of June, just as recorded in the final week of May 2020 Corporate Bond Trading. The equities market recorded a great score for the second time this year. As it recorded another staggering score of  73% on the equities market to 27% on the bond market. […]

Economy, OpinionJuly 4, 2020

Weekly Stock Market Review (29th June to 3rd July 2020)
In the final week of June and beginning of July 2020 trading on the LuSE, Only four days recorded trades of which Tuesdays equities trading was the best performing for the week. Eight companies’ securities recorded trades. Monday 29th June In 7 trades recorded today, 106,786 shares were transacted yielding a market turnover of K84,628. […]

EconomyJuly 3, 2020

Daily FiZ – Friday 03/07
Story of the Day: Prima Reinsurance has advised shareholders that it is making steady progress in the paperwork around the forthcoming rights offer, according to a statement from the company. Read more  Local Business and Finance Sponsored By Liquid Telecom  Zambia seeks to sell K13.6bln ($755mln) worth of government securities in the third quarter of […]

Economy, OpinionJuly 2, 2020

Is renegotiating double tax agreements the new normal?
Zambia has over the years invested greatly in foreign direct investment (“FDI”). Outside its other advantages, a key attraction of FDI is the favorable tax implications it affords. However, one downside to this is the element of double taxation. Double taxation entails the levying of taxes on the same income or capital of the same […]

EconomyJuly 2, 2020

Daily FiZ – Thursday 02/07
Story of the Day:  It is no secret that mining in Africa has for the longest time been viewed by ‘big capital’ as an uncertain adventure. Most investors who dare to venture, take an astute approach to assess whether or not investing in a country’s mining sector is worth the risks associated with uncertainty. This […]

EconomyJuly 1, 2020

Daily FiZ – Wednesday 01/07
Story of the Day: In week four of June 2020 trading on the LuSE, we revert back to our old pattern as the bond market completely dominates the equities market. As it records a score of 99% to 1% on the equities market. The equities market is glory was short lived as we saw last […]

EconomyJune 30, 2020

Daily FiZ – Tuesday 30/06
Story of the Day: British American Tobacco Zambia Plc has announced the resignation of its Chairman from the Board, according to a statement from the company. Read more  Local Business and Finance Sponsored By Liquid Telecom  Zambia recorded a K3,843.4 million trade surplus in May 2020, signifying a 72.2 percent increase from K2,231.6 million recorded […]

Economy, OpinionJune 29, 2020

Bond Market Diary (22nd to 26th June 2020)
In the fourth week of June 2020 bond trading, bonds of total face value of K708,378,000 were transacted in 43 trades, yielding a market value sales of K473,060,000. Only three days recorded trades of which Thursdays’ bond trading was the best performing for the week. Week four  has been the best performing week on the […]

Economy, OpinionJune 29, 2020

Weekly Capital Market Report (22nd to 26th June 2020)
In week four of June 2020 trading on the LuSE, we revert back to our old pattern as the bond market completely dominates the equities market. As it records a score of 99% to 1% on the equities market. The equities market is glory was short lived as we saw last week it had a […]