Story of the Day: Madison Finance Company earnings have weakened to K6.557 million for the year ending 31 December 2019 compared to K 21.537 million recorded as at 31 December 2018, according to audited financials published by the group. Read more Local Business and Finance Sponsored By Liquid Telecom With a cost to income ratio […]
Story of the Day: The LuSE All Share Index (LASI) closed the month of January at 4,251.54 points, decreasing by 0.30% from its close in December. As of the month of February, the Index closed at 4,250.48 points, decreasing by 0.02% from its close in January. In March the LuSE All Share Index (LASI) closed the […]
In the final week of April 2020, bonds of total face value K50,247,000 were transacted in 17 trades , yielding a market value sales of K33,055,730. Only three days recorded trades of which Wednesdays bond trading was the best performing for the week in terms of Total Face Value and Market Value Sales. Week five […]
In the final week of April, the the bond market does not completely eclipse the equities market recording a score of 99% to 1% on the equities market. Equity Market Update In the week that ended 30th April 2020, a total of 450,250 shares were transacted in 28 trades , yielding a market turnover of […]
In the fifth and final week of April 2020 trading on the LuSE , four days recorded trades of which Monday was the best performing for the week. Five companies securities recorded trades. Monday 27th In 7 trades recorded today, 447,101 shares were transacted yielding a market turnover of K445,275. A share price loss of […]
There is euphoria from all sectors of Zambian society at the overwhelming response by private sector to the fight against Covid 19. Prior to the pandemic and the subsequent deceleration of business activities as evidenced by the low PMI indicator over the last couple of months, private sector was faced the ubiquitous macro-economic challenges that […]
Liquid Telecom Zambia will be the providers of internet services to the Ministry of Health during the fight of Covid-19 at all the quarantine centers, following a donation made by newly appointed CEO Mark Townsend. The private sector in recent weeks has made tremendous strides in collaborating with Dr. Chitalu Chilufya’s fight against COVID-19. The […]
Following a big week in the market, today we will summarize a few key metrics in the latest Zambia Statistics Association Report. The Ministry of Finance K2.7 billion injection The Minister of Finance, Dr Bwalya Ng’andu has announced a joint donation effort led by the World Bank, British and American government to support […]
The summaries for the first quarter of the year 2020 had 331 trades recorded in the month of January and a total of 131,465 shares were transacted on the equities market, resulting in a market turnover of K196,493, according to Lusaka Securities Exchange (LuSe). The month of February had a reduction in the number of […]
Story of the Day: Mining company First Quantum Minerals has successfully negotiated adjusted terms to some of the financing facilities that have been availed to them by lenders in light of the unprecedented COVID-19 pandemic, according to a statement from the company. Read more Local Business and Finance Sponsored By Liquid Telecom Stanbic Bank reported […]
Economy
