Economy, OpinionOctober 17, 2020

Weekly Capital Market Review (12th to 16th October 2020)
In the third week of October 2020, we revert back to our old pattern as the equities market was completely dominated by the bond market. Recording a 100% on the bond market to 0% on the equities market. Equity Market  In the week ended 16th October 2020, a total of 32,463 shares were transacted in […]

Economy, OpinionOctober 17, 2020

Weekly Stock Market Review (12th to 16th October 2020)
Three weeks into the month of October 2020 trading on the LuSE, eight companies’ securities recorded trades. Fridays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, CEC ZAMBIA, STANDARD CHARTERED ZAMBIA, LAFARGE, ZANANCO, REI ZAMBIA, ZAMBIA CONSOLIDATED COPPER MINES and ZAMBIA SUGAR. Monday 12th In 7 trades recorded […]

EconomyOctober 16, 2020

Daily FiZ – Friday 16/10
Story of the Day: 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 […]

EconomyOctober 15, 2020

Daily FiZ – Thursday 15/10
Story of the Day: 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. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia missed a $42.5 million Eurobond coupon payment due yesterday, bringing […]

EconomyOctober 14, 2020

Daily FiZ – Wednesday 14/10
Story of the Day: 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 […]

EconomyOctober 13, 2020

Daily FiZ – Tuesday 13/10
Story of the Day: Prior 2008 money transfer was a struggle in Zambia. Post office dominated the sector however lack of presence in all corners of the country proved a struggle for end users. Zoona changed the playbook. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia has said it will resist pressure from […]

EconomyOctober 12, 2020

Daily FiZ – Monday 12/10
Story of the Day: Zambia’s mining investment group, ZCCM IH, has recorded a share price increase in its security which is listed on the Lusaka Securities exchange. This is the first increase during the COVID 19 period and created K483.99 million worth of wealth for investors. Read more  Local Business and Finance Sponsored By Liquid […]

Economy, OpinionOctober 11, 2020

PMI slight improvement, maybe…
For the month of September, PMI rose to 46.6 from 43.4 in the month of August. A score of 46.6 might still be below a 50.0 mark but it is actually an improvement when compared to the previous month. This entails that business activities declined but at a decreasing rate. The 46.6 from 43.4 improvement […]

Economy, OpinionOctober 10, 2020

Bond Market Diary (5th to 9th October 2020)
Two weeks into October 2020 bond trading, bonds of total face value of K22,894,000 were transacted in 24 trades, yielding a market value sales of K15,943,000. Only three days recorded trades of which Tuesdays’ bond trading was the best performing for the week. The second week of Octobers’ Corporate Bond Trading has out performed the […]

Economy, OpinionOctober 10, 2020

Weekly Capital Market Review(5th to 9th October 2020)
As we enter the fourth and final quarter of the year, the second week of October 2020 bond trading on the LuSE is a complete replica of week one. As it recorded a 99% on the bond market to 1% on the equities side. Hoping for a turn around in the weeks to come.   […]