StrategyMarch 21, 2018

The Deadly Obsession with the PAT
It’s the year 2008, several major banks have fallen and Richard Fuld looks on as his mighty reign comes to a crushing end. The mighty Lehman brothers, the sixth largest investment bank has fallen. Ben Bernanke, an astute ivy league trained Economist together with Timothy Geithner, New York Fed president and secretary to the Treasury […]

StrategyFebruary 19, 2018

When Companies Face Working Capital Constraints
James Rouse (a US real estate developer) once said that ‘Profit is not the legitimate purpose of business. The legitimate purpose of business is to provide a product or service that people need and do it so well that it is profitable!’ Very candid words indeed. However, the reality that 2018 offers many businesses in […]

Agriculture, Strategy, Zambeef Products PlcFebruary 13, 2018

IDC under Attack
It has been an interesting start to the year 2018 for the custodians of all parastatals. IDC closed 2017 with a $15m purchase of ZAMPALM. While the ink was still drying following this acquisition, we learned through zambia24.com that their CEO Mateyo Kaluba (MK) had announced to a Parliamentary Committee on Parastatal Bodies chaired by Msanzala Member […]

Agriculture, StrategyJanuary 7, 2018

The Economics of Cholera
Financial Insight Zambia is saddened by the loss of life and prevailing outbreak of Cholera in our cities. Lusaka by statistics has been hardest hit by the epidemic and questions have arisen from many quarters as to what the solutions could be. Data coming in shows that the pandemic has affected more that 2000 of […]

British American Tobacco, StrategyDecember 15, 2017

The Forces of Competition in Zambia’s Tobacco Industry
When the announcements came from Roland Imperial Tobacco (RIT) and British America Tobacco (BAT) of their USD80 million and USD15 million (respectively) investments in setting up their local cigarette manufacturing plants in Lusaka South Multi-Facility Zone, we could not help but wonder about some of the competitive forces in Zambia’s tobacco industry. Recap. In 2016 […]

Agriculture, Strategy, Zambeef Products PlcNovember 17, 2017

Zambeef: When Investors Call the Shots!
When UK’s development finance house, CDC Group, made the acquisition of 17.5% of Zambeef last year for $65m not only was it a positive statement about the reason why Zambia had become an idea investment destination but was a testament to the value creation potential they saw in the farm to shop company. With operations […]

StrategyNovember 2, 2017

How to detect financial distress in Premier Companies
As premier companies begin to wrap up 2017, FiZ turns its attention to the subject many firms often do not want to discuss. When EBITDA is positive and liquidity is great, few companies ever imagine what life can be like if they faced financial distress. Furthermore, financial distress is an often painful subject for employees […]

StrategyOctober 23, 2017

FiZ at Independence
It’s that time of the year again when we look back at the accomplishments we as a nation have made from the time we achieved independence. Premier companies, far and wide, will be celebrating independence tomorrow. Zambia’s story of entrepreneurship has often not been told enough. Maybe if it was, we would understand the different […]

Economy, FI, Finance, StrategyOctober 18, 2017

Zambia’s Medium Term Debt Management Strategy Part II
This is part 2 of a 2-part analysis on the MTDS. If you’re only joining us now let me give a quick recap of the previous article. Basically, the Zambian government, through the Ministry of Finance are publishing the very first Medium-Term Debt Management Strategy. The publication is meant to provide information to all market […]

StrategySeptember 24, 2017

Why am I here? KUPES Conference 2017
Financial Insight Zambia believe that Women are the future of value creation in Zambia. Statistics indicate that there are more women than men in Zambia that are in situations that allow them to be a part of the value making processes. That is why we are proud of the work that Norena Chiteba and her […]