Agriculture, Economy, Zambeef Products PlcSeptember 26, 2020

Zambeef Products has welcomed government’s 2021 Budget plans to increase import tax on all beef, pork, and chicken products to boost and support local production and bring flexibility in the trade. In his speech during the 2021 budget presentation in Parliament on Friday (September 25, 2020), Finance Minister Dr Bwalya Ng’andu announced government would increase […]

Economy, OpinionSeptember 26, 2020

Bond Market Diary (21st to 25th September 2020)
Four weeks into the month of September 2020 bond trading, bonds of total face value of K592,670,000 were transacted in 31 trades, yielding a market value sales of K349,943,000. Only three days recorded trades of which Fridays’ bond trading was the best performing for the week.   The fourth week of September 2020 bond trading […]

Economy, OpinionSeptember 26, 2020

Weekly Capital Market Report (21st to 25th September 2020)  
Four weeks into September 2020 Bond trading on the LuSE, as we usually see a turnaround in the penultimate week of the equities market recording magnificent scores this wasn’t the case with this week as we reverted back to our old pattern of the bond market completely dominating the equities market recording a score of […]

Economy, OpinionSeptember 26, 2020

Weekly Stock Market Review (21st to 25th September 2020)
In the fourth week of September 2020 trading on the LuSE, Seven companies’ securities recorded trades. Wednesdays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, AIRTEL, BATA , CEC ZAMBIA PUMA, REI ZAMBIA and STANDARD CHARTERED. Monday 21st    In 2 trades recorded today, 800 shares were transacted […]

EconomySeptember 25, 2020

Daily FiZ – Friday 27/09
Story of the Day: In the last few decades, Zambia and the rest of the world have struggled to promote gender equality in terms of economic, health and political participation, especially in decision making positions. Statistics show that while women represent around 50% of the world’s total population, they account for only about 40% of […]

EconomySeptember 24, 2020

Daily FiZ – Thursday 24/09
Story of the Day: Budgeting is one of the most important aspects of financial prudence. When properly implemented, it promotes financial discipline as spending is based on what is available and what is necessary. Due to these reasons, nations, corporations, and individuals need to plan how much they spend based on how much they raise. […]

Economy, OpinionSeptember 23, 2020

Understanding PMI as an economic indicator
To know the state of an economy, economists look at such macro-economic fundamentals as GDP growth rate, inflation rate, unemployment rate, the Forex market, and many other well-known and widely used indicators. However, there is an economic index less pronounced you might think it does not exist. This economic index is known as the Purchasing […]

EconomySeptember 23, 2020

Daily FiZ – Wednesday 23/09
Story of the Day: Following months of speculation on the fate of one of Zambia’s mines, clarity through an announcement from the Minister of Mines has been given regarding how the fate of one of the countries oldest mines will be dealt with. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia became […]

Economy, OpinionSeptember 23, 2020

Proflight Zambia will launch four-times-a-week passenger flights to Johannesburg, from Zambia’s Lusaka capital from October 1. This comes barely days after South African President Cyril Ramaphosa announced the country would reopen its international borders on October 1, 2020, under level 1 of lockdown. The airline will operate on Mondays, Wednesdays, Fridays and Sundays, with the […]

Opinion, StrategySeptember 22, 2020

A Walk Down Memory Lane: The Walking Dragline – the machine that saved Zambia The year is 1965 and the newly formed Republic of Zambia, still brimming with confidence after the successful push for independence, is looking to find her feet in the global economy. Operating on a Transitional Development Plan (TNDP), Government’s early development […]