EconomyMay 28, 2020

Daily FiZ – Thursday 28/05
Story of the Day: Copperbelt Energy Plc has signaled to the market that it expects to record lower earnings for the financial year 2019 due to unpaid receivables from one of its largest mining customers, according to a statement from the company. Read more Local Business and Finance Sponsored By Liquid Telecom  Zambian president Edgar […]

EconomyMay 27, 2020

Daily FiZ – Wednesday 27/05
Story of the Day:  Zambia Sugar Plc has recorded a 14% increase in revenue for the six-month period to its current financial year compared to the same period last year thanks to improved domestic sales and a surge in exports, according to a statement from the company. Read more  Local Business and Finance Sponsored By […]

EconomyMay 26, 2020

Daily FiZ – Tuesday 26/05
Story of the Day: Three weeks into May 2020 trading on the LuSE, week three mirrors week two as the equities market records a 3% and the bond market with 97%. Read more  Local Business and Finance Sponsored By Liquid Telecom  Bank of Zambia governor Dr Denny Kalyalya says the K10 billion Medium-Term Loan Refinancing […]

EconomyMay 25, 2020

Daily FiZ – Monday 25/05
Story of the Day: 24th May 2020, Lusaka, Zambia – ZCCM Investments Holdings (ZCCM-IH) has prioritised investments in the mining sector particularly in other minerals such as gold and manganese. As mandated by Government to harness the gold potential in the country, ZCCM-IH strategy is to forge partnerships with any industry player within the gold […]

Economy, OpinionMay 23, 2020

Bond Market Diary (18th to 22nd May 2020) 
Three weeks into the month of May 2020, bonds of total face value of K87,963,000 were transacted in 15 trades, yielding a market value sales of K124,250,000. Only three days recorded trades of which Thursdays’ bond trading was the best performing for the week. Monday 18th Bonds of total face value of K35,000,000 were transacted […]

Economy, OpinionMay 23, 2020

Weekly Capital Market Report (18th to 22nd May 2020)
Three weeks into May 2020 trading on the LuSE, week three mirrors week two as the equities market records a 3% and the bond market with 97%.   Equities Market Update In the week ended 22nd May 2020, a total of 621,696 shares were transacted in 80 trades, yielding a market turnover of K4,372,939. Trading […]

Economy, OpinionMay 23, 2020

 Weekly Stock Market Review (18th to 22nd May 2020)
In the third week of May 2020 trading on the LuSE, Only four days recorded trades of which Tuesday’s equities trading was the best performing for the week. Eight companies securities recorded trades. Monday 18th In 27 trades recorded today, 8,056 shares were transacted yielding a market turnover of K6,775. A share price loss of […]

EconomyMay 22, 2020

Daily FiZ – Friday 22/05
Story of the Day:  To decode the Monetary Policy Statement, let’s start with a recap of the global and local economy performance to date. From a global front, the world economy projects negative growth at -3% in 2020, with circa 6% recovery growth in 2021. This performance is highly attributed to the Covid-19 pandemic which […]

Economy, OpinionMay 21, 2020

Reduced Monetary Policy Rate? What does this mean?
To decode the Monetary Policy Statement, let’s start with a recap of the global and local economy performance to date. From a global front, the world economy projects negative growth at -3% in 2020, with circa 6% recovery growth in 2021. This performance is highly attributed to the Covid-19 pandemic which has had a negative […]

EconomyMay 21, 2020

Daily FiZ – Thursday 21/05
Story of the Day: ZCCM IH has announced that the matter in which it filed a petition in the High Court of Zambia regarding the future of Konkola Copper Mines is currently ongoing and has provided for further subtle details in the matter. Read more  Local Business and Finance Sponsored By Liquid Telecom  The Bank […]