Four weeks into December 2020, trading on the LuSE. Only four days recorded trades of which Thursdays’ equities trading was the best performance of the week recoding 155,344 shares transacted in 17 trades resulting in a turnover of K310,688 with CAVMONT CAPITAL HOLDINGS ZAMBIA solely. Only three companies securities transacted during the week which were […]
Story of the Day: Following months of cautionary announcements to shareholders, Cavmont Capital Holdings Zambia is set for delisting on Lusaka Securities and Exchange at the end of 2020. Read more Local Business and Finance Sponsored By Liquid Telecom Zambia’s consumer body said on Tuesday that 2020 will go in the annals of history as […]
Story of the Day: Explosives manufacturing company, AEL Mining, has announced the retirement of its CEO three years after taking up the role. Read more Local Business and Finance Sponsored By Liquid Telecom Last Thursday’s treasury bill auction was undersubscribed by over K650 million. This means there was low demand for financial securities below the […]
A decade ago, Zambia seemed to be one of the many countries in our region that was struggling to keep pace with the demand for development in ICT due to a variety of circumstances. Government and its regulators recognised that if the country wished to enhance ICT development, increased levels of competition in the ICT […]
Story of the Day: Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) and market participants are advised by way of update of the ongoing key strategic and operational activities in the Company as outlined below. Read more Local Business and Finance Sponsored By Liquid Telecom The Zambia Revenue Authority -ZRA has recorded an […]
Three weeks into the month of December 2020 bond trading, bonds of total face value of K401,985,000 were transacted in 16 trades, yielding a market value sales of K214,909,000. Only three days recorded trades of which Tuesdays’ bond trading was the best performing for the week. Although, only three days traded during the week, the […]
Three weeks into the final month of the trading year on the LuSE, there is still no positive movement on the equities market as it recorded a 1% to 99% on the bond market. During the course of the week CAVMONT CAPITAL HOLDINGS ZAMBIA, COPPERBELT ENERGY CORPORATION, LAFARGE and STANDARD CHARTERED BANK ZAMBIA recorded negative […]
In the third week of December 2020 trading on the LuSE, Nine companies securities recorded trades. Only three days recorded trades of which Mondays’ equities trading was the best performance of the week. Trading activity was recorded in CAVMONT CAPITAL HOLDINGS ZAMBIA, CEC ZAMBIA, LAFARGE, PUMA, REI ZAMBIA, STANDARD CHARTERED ZAMBIA, ZANACO, ZAMBIA CONSOLIDATED COPPER […]
Story of the Day: When a financial institution has been a player in the game banking and finance, it is known as an extant player. In Zambia, few institutions can boast of being in existence for more than 20 or 30 years. But for Zambia’s stalwart housing financial institution, it will mark its 50th anniversary […]
Story of the Day: First Quantum Minerals (FQM) contributed the majority of government revenue generated from the extractive sector in 2019, according to the latest Zambia Extractive Industry Transparency Initiative (ZEITI) report. Read more Local Business and Finance Sponsored By Liquid Telecom The Copperbelt Energy Corporation Plc (CEC) says it remains hopeful that a quick […]
Economy
