Economy, OpinionOctober 10, 2020

Weekly Stock Market Review (5th to 9th October 2020)
Two weeks into the month of October 2020 trading on the LuSE, Six companies’ securities recorded trades. Wednesdays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, LAFARGE, STANDARD CHARTERED ZAMBIA, ZANACO, METAL FABRICATORS ZAMBIA and ZAMBIA CONSOLIATED COPPER MINES. Monday 5th In 16 trades recorded today, 6,076 shares […]

EconomyOctober 9, 2020

Daily FiZ – Friday 09/10
Story of the Day: Zambia has all it needs to be a tech giant in the region. The key lies in resisting the temptation to merely replicate global trends as opposed to focusing on learning from them to develop solutions tailored to our needs. Zambia has in the last few months experienced a rapid acceleration in […]

EconomyOctober 8, 2020

Daily FiZ – Thursday 08/10
Story of the Day: In September 2020, after a nine-month wait for the confirmation of a CEO, Zambia National Building Society’s Interim Board announced the appointment of Chartered Accountant Mildred Mutesa as Chief Executive Officer. Read more Local Business and Finance Sponsored By Liquid Telecom Bezant Resources responded to media reports in Zambia by telling […]

EconomyOctober 7, 2020

Daily FiZ – Wednesday 07/10
Story of the Day: The only tree processing company listed on the Lusaka Securities and Exchange has reported its half-year performance which is weaker than anticipated due to reduced sales on account of COVID 19 and challenging negotiations suppliers. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambian President Edgar Lungu told his […]

Economy, OpinionOctober 6, 2020

ANATOMY OF ZAMBIA’S 2021 BUDGET: AN EMBODIMENT OF ECONOMIC RECOVERY AND RESILIENCE?
The article has been republished with permission of the authors  Chewe Mwila, Gerald Soko, Patrick Chileshe economists with Zanaco Bank … What it Seeks to Achieve Zambia plans to spend a total of ZMW 119.60 billion for the 2021 fiscal year, up 12.8% from ZMW 106 billion for 2020. Minister of Finance, Dr. Bwalya Ngandu, […]

EconomyOctober 6, 2020

Daily FiZ – Tuesday 06/10
Story of the Day: Extant financial services company, Madison Financial Services has reported a financial performance at half-year that shows “brand is everything” in financial services. Read more  Local Business and Finance Sponsored By Liquid Telecom Minister of Mines and Minerals Development Mr Richard Musukwa has expressed happiness with the progress made at Kasenseli Gold […]

EconomyOctober 5, 2020

Daily FiZ – Monday 05/10
Story of the Day: Zambia Industrial Commercial Bank Limited (ZICB) has partnered with Smart Zambia to facilitate the collection of deposits from small-scale farmers as their contributions for the Farmer Input Support Programme (FISP). Read more  Local Business and Finance Sponsored By Liquid Telecom Lubambe Copper Mine, majority-owned by Australia’s EMR Capital, is talking to […]

Economy, OpinionOctober 3, 2020

Bond Market Diary (28th September to 2nd October 2020)
As we come to the close of the month of September and beginning of October 2020 bond trading, bonds of total face value of K218,346,000 were transacted in 15 trades, yielding a market value sales of K129,805,000. Only three days recorded trades of which Wednesdays’ bond trading was the best performing for the week. First week […]

Economy, OpinionOctober 3, 2020

Weekly Capital Market Report (28th September to 2nd October 2020)  
In the fifth and final week of September 2020, bond trading on the LuSE. We see an 8% increase on the equities market from the previous week which recorded 0% on the equities market to 100% on the market this is due to increased trading activity in CEC ZAMBIA as well as CEC AFRICA on […]

Economy, OpinionOctober 3, 2020

Weekly Stock Market Review (28th September to 2nd October 2020)
In the final week of September and first week of October 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,CEC ZAMBIA, PUMA, ZANANCO, REL ZAMBIA ,STANDARD CHARTERED BANK ZAMBIA and ZAMBIA BREWERIES. Monday 28th September In 1 trade […]