Economy, OpinionSeptember 26, 2020

Weekly Capital Market Report (21st to 25th September 2020)  
Four weeks into September 2020 Bond trading on the LuSE, as we usually see a turnaround in the penultimate week of the equities market recording magnificent scores this wasn’t the case with this week as we reverted back to our old pattern of the bond market completely dominating the equities market recording a score of […]

Economy, OpinionSeptember 26, 2020

Weekly Stock Market Review (21st to 25th September 2020)
In the fourth week of September 2020 trading on the LuSE, Seven companies’ securities recorded trades. Wednesdays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, AIRTEL, BATA , CEC ZAMBIA PUMA, REI ZAMBIA and STANDARD CHARTERED. Monday 21st    In 2 trades recorded today, 800 shares were transacted […]

EconomySeptember 25, 2020

Daily FiZ – Friday 27/09
Story of the Day: In the last few decades, Zambia and the rest of the world have struggled to promote gender equality in terms of economic, health and political participation, especially in decision making positions. Statistics show that while women represent around 50% of the world’s total population, they account for only about 40% of […]

EconomySeptember 24, 2020

Daily FiZ – Thursday 24/09
Story of the Day: Budgeting is one of the most important aspects of financial prudence. When properly implemented, it promotes financial discipline as spending is based on what is available and what is necessary. Due to these reasons, nations, corporations, and individuals need to plan how much they spend based on how much they raise. […]

Economy, OpinionSeptember 23, 2020

Understanding PMI as an economic indicator
To know the state of an economy, economists look at such macro-economic fundamentals as GDP growth rate, inflation rate, unemployment rate, the Forex market, and many other well-known and widely used indicators. However, there is an economic index less pronounced you might think it does not exist. This economic index is known as the Purchasing […]

EconomySeptember 23, 2020

Daily FiZ – Wednesday 23/09
Story of the Day: Following months of speculation on the fate of one of Zambia’s mines, clarity through an announcement from the Minister of Mines has been given regarding how the fate of one of the countries oldest mines will be dealt with. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia became […]

Economy, OpinionSeptember 23, 2020

PROFLIGHT INTRODUCES LUSAKA-JOBURG ROUTE
Proflight Zambia will launch four-times-a-week passenger flights to Johannesburg, from Zambia’s Lusaka capital from October 1. This comes barely days after South African President Cyril Ramaphosa announced the country would reopen its international borders on October 1, 2020, under level 1 of lockdown. The airline will operate on Mondays, Wednesdays, Fridays and Sundays, with the […]

EconomySeptember 22, 2020

Daily FiZ – Tuesday 22/09
Story of the Day: Prima Reassurance has reported their half-year financial performance on SENS which shows indications that the insurance company is heading back to financial health. The following is their statement on SENS on their performance, according to the announcement released on 16th September 2020. Read more  Local Business and Finance Sponsored By Liquid […]

Economy, OpinionSeptember 21, 2020

INCLUSION KEY TO NATIONAL GROWTH
In the last few decades, Zambia and the rest of the world have struggled to promote gender equality in terms of economic, health and political participation, especially in decision making positions. Recent statistics show that while women represent around 50 percent of the world’s total population, they account for only about 40 percent of the global formal […]

EconomySeptember 21, 2020

Daily FiZ – Monday 21/09
Story of the Day: A massive US$650 million investment that will double copper output and extend the life of Kansanshi Mine to 24 years has been pencilled in for 2023/24 by First Quantum Minerals (FQM). But the mining firm has cautioned shareholders that the expansion project can only go ahead if the company is confident […]