Economy, Opinion, RetailJanuary 25, 2020

Corporate Bond Market Diary (20th to 24th January) 
  In the fourth week of corporate bond trading, bonds of total face value of K66,390,000 were transacted in 19 trades, yielding a market value sales of K44,676,000. With only one week left in the month of January 2020 trading, week three remains the best performing on the Corporate Bond Market which recorded the highest […]

EconomyJanuary 24, 2020

Daily FiZ – Friday 24/01
Story of the Day:  The ZAFFICO initial public offering period for the purchase of shares has been extended, according to statement released on Stock Exchange News Services (SENS). Read more  Local Business and Finance Eurasia Resources Group’s (ERG) Africa unit said on Thursday it will suspend operations at Chambishi Metals in Zambia due to a […]

Economy, OpinionJanuary 23, 2020

“Wood” IPO period extended
The ZAFICCO initial public offering period for the purchase of shares has been extended, according to statement released on Stock Exchange News Services (SENS). “The Public is informed of the extension of the offer period for the purchase of shares in ZAFFICO for a period of Eight (8) days”, read a statement issued by, Pangaea […]

EconomyJanuary 23, 2020

Daily FiZ – Thursday 23/01
Story of the Day: In the third week of corporate bond trading, bonds of total face value of K205,692,234 were transacted in 28 trades, yielding a market value sales of K194,561,190. Read more  Local Business and Finance Zambia will be looking to redeem its dismal bond market performance for 2019 as it attempts to sell […]

EconomyJanuary 22, 2020

Daily FiZ – Wednesday 22/01
Story of the Day: In the third week of January 2020 trading, ten companies’ securities were traded on the LuSE. Wednesdays equities trading recorded the highest turnover for the week. Read more Local Business and Finance Zambia’s only cobalt producing company, Chambishi metals will at the end of January 2020 be placed under care and […]

Economy, OpinionJanuary 21, 2020

The Benefits of Audit and Assurance Services to Start-up Businesses
An audit and assurance service can be defined as a professional service that involves inspecting and evaluating an organisation’s accounts, internal controls, and any statutory records, and subsequently expressing an opinion on the examined set of information, as well as whether the organisation’s financial statements and all accompanying disclosures give a true and fair view […]

Economy, OpinionJanuary 21, 2020

Cyber Terrorism, A Greater Threat Today!
A system and a concept called the ‘Internet’ intended for the good of humankind is now being used as a tool to propagate hate and perpetrate crimes. Has this great invention turned against its inventors? Has it brought more harm than good? Will inventors eventually create a system that will eradicate this Cyber Terrorism? Well, […]

EconomyJanuary 21, 2020

Daily FiZ – Tuesday 21/01
Story of the Day: Commercial Bank Atlas Mara Zambia has announced that it has signed a term sheet that will see the bank transition ownership structure to Equity Bank of East Africa. Read more Local Business and Finance  Zambia Chamber of Mines president Goodwell Mateyo has projected a rise in the price of copper this […]

EconomyJanuary 20, 2020

Daily FiZ – Monday 20/01
Story of the Day: In a week that saw ZCCM IH Group CEO Mabvuto Chipata declare a profit for the year of K448 million and a K53 million dividend for the financial year ending March 2019 at their Annual General Meeting, it was the announcement of the group’s gold intentions that were the limelight and […]

Economy, Opinion, RetailJanuary 18, 2020

Weekly Capital Market Review (13th to 17th January 2020)
  In the third week of trading on the LuSE we begin to see a pattern as the corporate bond market continues its dominance  over the equities market scoring a 100% once again.   Equity Market Update In the week ended 17th January 2020, a total of 48,273 shares were transacted in 98 trades, yielding […]