On Thursday 9th August, 2018, Stanbic Bank held a Media Training Session on financial markets at the leadership centre in Lusaka’s Kabulonga area. The Session which attracted Journalists from both Print (Newspaper) and Broadcast (Radio and Television) was aimed at educating participants on financial markets and building the already existing relationship between Stanbic Bank and the […]
It’s 19th May 2018 and millions of people across the globe are witnessing the royal wedding of Prince Harry and Meghan Markle. It was a historical occasion that happened at Windsor castle. A week later after this momentous occasion, financial observers around the world were treated to some more exciting news that filtered through on […]
It is always a delight when we see a CEO grabbing the ‘bull by its horns’ and taking charge when their product enters a new market or their firm delivers a new product. We have seen the likes of Elon Musk show case the Tesla by driving it on stage or Tim Cook playfully demonstrate […]
It’s always refreshing reading a board chairperson’s letter to shareholders in annual reports that speaks to the heart of what the firm tried to achieve in the year under review. Charity Lumpa’s 2017 letter to shareholders was no exception. Her letter touched on everything from operational efficiency to prudent risk management. It is clear from […]
It’s December 2015 and Jes Staley, the veteran American banker who had spent almost three decades on Wall Street with JP Morgan Chase is appointed CEO of Barclays Bank PLC. Expectations are high among financial observers that they finally have the man to lead the firm to the top of the pile after being mired […]
Digital and online banking is the present. A good number of Zambian banks have invested resources and capabilities to deliver e-services to their clients. Many have delivered services that are easily accessible with the hope of improving the banking experience. However, when we attended the unveiling of #Kula at the prestigious Radisson Hotel on the […]
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 […]
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 […]
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 […]
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 […]
Banking
