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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Looking forward to how the economy will turn out in 2019, one has to wear economic vision gaggles that permit paranormal view, more or less be clairvoyant because the factors that will determine the economic outlook are hazy and ever changing. The International Monetary Fund forecast for economic growth for 2019, is sluggish, it is […]
When the 2019 budget was delivered on 28 September 2018, the withdrawal of Value Added Tax and subsequent re-introduction of Sales Tax caught most tax experts, economists and independent policy analysts off guard. The removal of VAT, which was first introduced in 1995, would be superseded with a Sales Tax which would only be chargeable […]
The Director of the Finance Institute of China’s Development Research Centre, Madam Zhang, was once asked whether it would be more productive for China to fervently pursue green finance once it had developed a sophisticated enough financial system. To my mind, this seems a fair question because green bonds (just like conventional bonds) require above […]
Economy
