Investrust Bank Plc, ZCCM-Investment Holdings PlcApril 12, 2018

ZCCM IH Mandatory Offer – Case of the ‘lonely’ underwriter
It all started with a right offer. Investrust bank needed to raise money. Debt or Equity are usually the choices that premier companies have when it comes to raising finance for whatever reason. The bank chose the latter which involved issue of rights to its existing shareholders that would enable them to buy additional shares […]

BankingFebruary 19, 2018

Decoding the future Banking Model
The banking industry has come a long way since the time Goldsmiths started keeping gold in vaults. It is an industry that has seen tremendous changes over the ages, from the highs to the crushing lows reminiscent of Lehman Brothers in 2008. It’s an industry that has almost seen it all, well “almost” is the […]

Banking, EconomyJanuary 29, 2018

Crowding out projected to ease
On 26th January 2018, Moody’s Investors Service announced that it had revised the rating outlook for the Government of Zambia to stable from negative and affirmed its B3 long-term issuer rating. Finance Minister Felix Mutati will be most pleased with this development as the measures his economic and finance team’s put in place are beginning […]

Banking, StanbicDecember 14, 2017

The ‘Gabaraane’ takes over
There is an analogy that can be noticed in the way boards across industries pick top talent to run their firms. Take the premier league as an example. When Chelsea Football Club have a run of bad results, the last 10 years has seen many managers of high football pedigree take over the reins. Although […]

AEL Mining Services (Z) Plc, Banking, Mining, StanbicDecember 8, 2017

Dual Exits from Premier Companies
In a week that should have ended quietly, two institutions announced the exits of their CEOs. The first announcement came out of Stanbic Bank. The board of the bank announced the exit of Charles Mudiwa who now moves to Stanbic Kenya as CEO. Tenure of CEOs in Zambian banks often ranges from 2 to 5 […]

Banking, ZANACO plcDecember 2, 2017

Identity of “Bank Here”Exposed
Marketing pundits in several banks have been teetering their teeth wonder who the identity of “Bank Here” was over the last couple of weeks. There have been numerous theories such as “It must be Atlas Mara, Bb Diamond secure the Fairfax deal so they are awash with cash”. But not it was not Atlas Mara […]

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Banking, Standchart, ZANACO plcNovember 18, 2017

The Bankers Royal Rumble
The end of the third quarter is always an interesting time of year for the financial sector. From a bankers perspective in particular, the third quarter is when you seriously assess your strategies and your execution of that strategy. Are you on target? How well are your competition doing? What can we do differently? These […]

Banking, CavmontOctober 30, 2017

Cavmont scores 23, 24 and 12!!
Charles Carey is a Managing Director who has every reason to be proud. Why? Well, the numbers 23, 24 and 12 resonate with him and his team as they ended their financial year (which oddly enough seems to be the lone wolf of LuSE as they are the only listed company who report the end […]

Banking, ZANACO plcSeptember 25, 2017

ZANACO at 2017 half year
If there is a premier company that is reaping the rewards of improved liquidity in the market, it has to be the legacy giant Zanaco. Its performance at half year are impressive for the bank that is in the top 5 in Zambia. According to SENS announcement published on 29th August 2017, profit after tax […]

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BankingAugust 29, 2017

Leadership: Are Premier Companies Doing Enough to Groom Leaders Organically?
Leadership in premier companies is an important aspect of the value creation process. The CEO sets the pace for executing the mandate of the board. The role requires that they live and breathe the strategy of the firm. Competitors will decode the signals from them when making choices of whether to compete or not. That […]