Economy, OpinionFebruary 17, 2019

Kwacha finds new equilibrium against the Dollar
12 month view of ZMW against USD shows rate now settling around 12. Second highest exchange rate in 5 years Following the sharpest increase in 5 years in September 2018, the Kwacha’s performance against the Dollar appears to have settled into a new equilibrium. Having lost approximately 20% in value, the local currency appears to […]

Economy, OpinionFebruary 16, 2019

Week 7 Trading Update (11th to 15th February 2019)
Trading week 7 replaced week 6 as the weakest week of trading in 2019 thus far on the Lusaka Securities Exchange with turnover dropping by 48%. The week saw a total of 91,711 shares were transacted in 65 trades, yielding a market turnover of K73,968. Share price gain of K0.01 was posted CEC Zambia while […]

Opinion, RetailFebruary 16, 2019

Why Blockchain based remittances will become so important to the growing of Sub-Saharan SMEs
If currency is the means by which we store the value created through our independent business activity, then theoretically, cross border remittances should be our means to bridge the value one human creates in one part of the world with another in an entirely separate geography. Although unfortunately, the high exchange costs and lengthy processing […]

EconomyFebruary 14, 2019

February 2019 MPC to be guided by Inflation forecasts, states Central Bank
The February 20th announcement on the Monetary Policy Committee’s decision for the first announcement of 2019 will be guided by inflation forecasts and outcomes as well as progress in the execution of fiscal consolidation measures according to the statement from the final MPC announcement issued by Dr. Denny Kalyalya on 21st November 2018 at the […]

Economy, OpinionFebruary 13, 2019

Monetary Policy Committee (MPC) – Previous Predominant Trend Analysis   
The Governor of the Central Bank Dr. Denny Kalyalya is this month end expected to announce the decisions of the monetary policy committee regarding the various economic indicators. Over the past few quarters the Financial Insight team has kept a close watch on the outcomes of the committee statements and has frequently predicted the MPC […]

EconomyFebruary 10, 2019

Week 6 Trading Update (4th to 8th February 2019)
The first week of the month of February started on a high but then turned bearish for the remainder of the week. Bond Activity During the week, bonds of total face value of K172,280,000 were transacted in 22 trades, yielding a market value sales of K116,587,000. Companies Traded The following companies had their shares traded […]

Economy, StrategyFebruary 7, 2019

It’s Endeshaw for the Zambia Airways Top Job
January 2019 was the month when many organisations were having conversations with their Human Resource Directors on important matters of staff recruitment. IDC was no exception. Following the conclusion of their search for a CEO, the Board announced in Lusaka on 7th February 2019 at their inaugural Board meeting that they had found the missing […]

EconomyFebruary 2, 2019

Week 5 Trading Update (28th to 31st January 2019)
In the final week of a 5 week January 2018, from high of the previous week, trading was bearish on the LuSE. Companies that traded during the month included: Zambrew Plc Zanaco Plc Airtel Plc Standard Chartered Plc CEC Plc CEC Africa on the Quoted Tier Puma Plc Zambia Sugar Cavmont Capital Holdings Plc Monday […]

EconomyJanuary 27, 2019

Week 4 Trading Update (21st to 25th January 2019)
In the penultimate week of the month, the LuSE saw the largest number of companies being traded during the month with trades from the following listed companies: CEC Plc REIZ Plc Lafarge Plc CEC Africa on the quoted tier Standard Chartered Bank Zambia Plc Zambeef Plc Zambrew Plc Zanaco Plc With a total market turnover […]

Opinion, Personal FinanceJanuary 24, 2019

Behavioural Economics Holds Potential to Boost Saving Behaviour
  I recently read an article in the Zambia Daily Mail Newspaper, written by Maxwell Phiri. The article highlighted the alarming poor culture of saving among Zambians – where less than 50% of people save, countrywide.   As a result of not saving we have seen some people failing to maintain their usual lifestyle after […]