Following the Zambian Government’s declaration of gold as a strategic resource, the Central Bank has now signed a deal with the investment group that has been bestowed the honor and responsibility of consolidating gold mining efforts in Zambia, according to an announcement from the Bank of Zambia. “The Bank of Zambia agreed on Friday to […]
Story of the Day: First Quantum Minerals has been recognised for it leading role in improving access to clean and safe drinking water in communities surrounding its mining operations in North-Western Province. The company scooped four awards at CSR Network Zambia’s 2020 Zambia CSR and Responsible Business Awards on Friday (December 4). Read more Local […]
Story of the Day: People and communities neighbouring First Quantum Minerals’ Sentinel Mine should benefit from equitable distribution of benefits such as employment, business development, education, training and community investment for the long term, the mine has said. First Quantum believes that it makes strategic business sense to involve local communities and other relevant stakeholders in
Story of the Day: Royal Zambian Airlines was officially incorporated in May of 2020, and now prepares to embark on its maiden voyage to Johannesburg, South Africa, on the 17th of December 2020. Read more Local Business and Finance Sponsored By Liquid Telecom Zambian authorities formally requested a financing arrangement from the International Monetary Fund […]
Story of the Day: Enygma Ventures has opened up applications for investment in its final call of the year. Female entrepreneurs and innovators who are problem solvers with existing businesses or new business ideas in SADC are encouraged to make an application for funding to fuel growth. Read more Local Business and Finance Sponsored By […]
Story of the Day: First Quantum Minerals Sentinel Mine in Kalumbila has prioritised optimisation and ensuring it has a well-coordinated workforce, which it believes is fundamental to increasing efficiency, productivity and the overall success of any business. Read more Local Business and Finance Sponsored By Liquid Telecom Zambia’s finance minister Bwalya Ng’andu on Friday presente
As the year 2020 nears its end, business conditions in Zambia are almost reaching the point of stabilization with the November 2020 PMI almost touching the 50 mark. At 49.3, the month of November 2020 PMI indicates the smallest contraction in the private sector business activities since February 2019. This is the highest that PMI […]
As we close the month of November in its final week and begin the first week of December 2020 bond trading, bonds of total face value of K49,751,000 were transacted in 13 trades, yielding a market value sales of K30,709,000. Only three days recorded trades of which Tuesdays’ bond trading was the best performing for […]
In a combined week of November and December 2020 trading on the LuSE, as Monday marked the end of November, the bond market completely dominated the equities market for that particular day as it ended the month as it recorded a 100% to 0% In the first week of December we start the month on […]
As we come to the close of November 2020 and beginning of December trading on the LuSE. Seven companies’ securities recorded trades. Fridays’ equities trading was the best performance of the week. Trading activity was recorded AEL ZAMBIA, CEC ZAMBIA, CAVMONT CAPITAL HOLDINGS ZAMBIA, LAFARGE,REAL ESTATE INVESTMENT ZAMBIA, SHOPRITE and ZANACO, The listing of all […]
Banking
