Economy, OpinionJuly 18, 2020

Weekly Stock Market Review (13th to 17th July 2020)
In the third week of July 2020 trading on the LuSE, Only four days recorded trades of which Mondays equities trading was the best performing for the week. Six companies’ securities recorded trades. Trading activity was recorded in CEC ZAMBIA ,LAFARGE,MADISON FINANCIAL SERVICES, ZANACO and ZAMBIA SUGAR. Monday 13th In 13 trades recorded today, 44,015 […]

EconomyJuly 17, 2020

Daily FiZ – Friday 17/07
Story of the Day: In the second week of July 2020 bond trading, bonds of total face value of K57,945,000 were transacted in 17 trades, yielding a market value sales of K33,693,000. Thursdays’ bond trading was the best performing for the week. Read more  Local Business and Finance Sponsored By Liquid Telecom  Glencore’s Zambia subsidiary […]

EconomyJuly 16, 2020

Daily FiZ – Thursday 16/07
Story of the Day: This is a summary of the key points of Honorable Dr Bwalya N’gandu’s statement to parliament on the performance of the Zambian economy. Our economy is expected to recline by -4.2% down -7% from the original 2020 GDP forecast of “no lower than 3% growth” based on the IMF forecasts. Read […]

Economy, RetailJuly 15, 2020

Daily FiZ – Wednesday 15/07
Story of the Day: Young Zambian startup Sage Valley has been awarded a revolving working capital facility of up to K250,000 by the Empress Fund based in South Africa. Sage Valley was established in October 2019 to produce locally made spices and pastes after sisters Zita and Nancy Kafwimbi noticed a gap in the market. […]

Economy, OpinionJuly 14, 2020

Economy expected to enter a recession of -4.2%
Summary This is a summary of the key points of Honorable Dr Bwalya N’gandu’s statement to parliament on the performance of the Zambian economy. Our economy is expected to recline by -4.2% down -7% from the original 2020 GDP forecast of “no lower than 3% growth” based on the IMF forecasts. The country is still […]

EconomyJuly 14, 2020

Daily FiZ – Tuesday 14/07
Story of the Day: First Quantum Minerals has announced that it will soon be able to resume operations at its Cobre Panama mine after health officials gave it the green light to resume production, according to a statement from the mining company. Read more  Local Business and Finance Sponsored By Liquid Telecom  Finance Minister Dr […]

EconomyJuly 13, 2020

Daily FiZ – Monday 13/07
Story of the Day: Cavmont Capital Holdings Zambia has announced that it is in discussions with Access Zambia for a possible takeover of the bank, according to a statement from the bank. Read more  Local Business and Finance Sponsored By Liquid Telecom  Zambia has raised over 6.8 billion out of the 8 billion Kwacha COVID-19 […]

Economy, OpinionJuly 11, 2020

Bond Market Diary (6th to 10th July 2020)
In the second week of July 2020 bond trading, bonds of total face value of K57,945,000 were transacted in 17 trades, yielding a market value sales of K33,693,000. Thursdays’ bond trading was the best performing for the week. Monday 6th                                   There were no trades recorded today Tuesday 7th There were no trades recorded today. Wednesday

Economy, OpinionJuly 11, 2020

Weekly Capital Market Report (6th to 10th July 2020)
In the second week of July 2020 trading on the LuSE, the equities market was completely dominated by the bond market. Scoring a 100% on the bond market. Equity Market Update In the week ended 10th July 2020, a total of 25,538 shares were transacted in 22 trades, yielding a market turnover of K26,104. Trading […]

Economy, Opinion, RetailJuly 11, 2020

Weekly Stock Market Review (6th to 10th July 2020)
Two weeks into the month of July 2020 trading on the LuSE, Only two days recorded trades of which Thursdays equities trading was the best performing for the week. Four companies’ securities recorded trades.Trading activity was recorded in CEC ZAMBIA, AEL ZAMBIA, ZANACO and LAFARGE. Monday 6th There were no trades recorded today. The LuSE […]