Opinion, StrategyOctober 12, 2020

Financial Insight sit down with IDC CEO Mateyo Kaluba
  With a nine billion US Dollars asset balance sheet to achieve, Mr Mateyo Chresta Kaluba has his sleeves folded. He rose from a simple registry clerk in his formative years, to his current position of Group Chief Executive Officer of the Industrial Development Corporation (IDC) established to create and maximize long-term shareholder value as […]

Opinion, StrategyOctober 12, 2020

PROFLIGHT SEES INCREASE IN CUSTOMER DEMAND AS A POSITIVE SIGN OF RECOVERY
As the new normal continues, Zambia’s leading airline, Proflight, says it has started recording an increase in customer demand on its local and international routes after months of steep declines. Proflight Corporate Director Chitalu Kabalika said that new bookings on the Lusaka-Johannesburg route as well as local flights are now outpacing cancellations, a turning point […]

Opinion, StrategyOctober 11, 2020

Ämano Capital makes second early stage investment in ComGrow
Amano Capital have made their second early-stage strategic investment of the year into ComGrow, a fintech solution focusing on utilizing traditional village banking system’s as a way of tackling Africa’s high borrowing rates. The company was founded by Mkuzo Kuwani and Mikael Maingard, Michaelhouse Old Boys, now fresh out of Durham (Mkuzo) and Stellenbosch (Mikael) […]

Opinion, StrategyOctober 11, 2020

Fierce competition vs strategy flexibility: Case study of Zoona Zambia
“The essence of business strategy is choosing what not to do” Michael Porter, Economist, and founder of strategic management Key facts: 2008 – Company launched Targeted device – Basic phone Market deployed: Zambia and Malawi Estimated number of end-users: 600,000+ as of august 2013 Combined monthly average transaction volume: $ 25,000,000+ as of august 2013 […]

Personal Finance, StrategyOctober 5, 2020

75% of Zambian professions opt for Village banking over financial institution offerings
In a recent poll conducted by Financial Insight Zambia, 75 percent of Zambian professionals who took part in it indicated that Village banking offered better returns compared to most products offered by financial institutions. The survey which was conducted on fizambia.com’s LinkedIn platform that has over 10,000 professionals shows a growing trend by most professionals […]

Opinion, StrategyOctober 5, 2020

ACCA Zambia Head recognized through ACCA Global Chief Executive’s Award
The Chairman, Mr. Mulendo Siame, FCCA and the entire ACCA Zambia Member Panel wish to congratulate the Country Head of ACCA Zambia, Mrs. Janice Matwi on being this year’s recipient of the Global ACCA Chief Executives Officer (CEO) award. The awards are held yearly to recognize individuals’ outstanding achievement in support of ACCA global’ s critical strategic […]

Opinion, StrategySeptember 29, 2020

CROCODILE FARMERS PRAISE BUDGET MOVE ON EXPORT DUTY
The Zambia Crocodile Farmers Association (ZaCFA) has welcomed the 2021 Budget announcement of the removal of 10 percent export duty on raw crocodile skins. The lifting of the duty was a “great relief’ said association spokesperson and Kalimba Farms chairman Bill Thomas. In his Budget speech to Parliament on Friday (September 25, 2020), Minister of […]

Opinion, StrategySeptember 29, 2020

Women led Start-up, Lusaka Grocery Delivery Company raising K700,000 pre-seed funding
The idea for the Lusaka Grocery Delivery company was created as a direct response to the impact of the COVID 19 pandemic. The team behind the website recognized a gap in the online retail market, as only 14% of the economy actively shops online. With the restrictions implemented by the government and the risk of […]

Opinion, StrategySeptember 22, 2020

THE ZAMBIAN QUEEN: A NATION’S HEROINE REMEMBERED
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 […]

Beverage, Economy, Opinion, Strategy, Zambian BreweriesSeptember 12, 2020

Bars And The Night Clubs’ 2020 Business Tale In Zambia
At this moment in our history, one is most likely to be right if they said,’there is no industry that has been spared by the adverse effects of Covid-19.’ The world pandemic has brought down many businesses down to their knees. Many workers have been retrenched as most companies are unable meet their normal productive […]