Story of the Day: In another magnificent turn of events the final week of June, just as recorded in the final week of May 2020 Corporate Bond Trading. The equities market recorded a great score for the second time this year. As it recorded another staggering score of 73% on the equities market to 27% […]
Story of the Day: Enygma Ventures has made a $1 million investment in Zambian based micro finance startup, Lupiya. This investment, will enable Lupiya to continue to scale and roll out its services fulfilling its mission of ensuring Zambians, particularly women are able to participate in the economy through its financial inclusion strategy. Read more […]
Story of the Day: The only listed hotel on the Lusaka Securities Exchange has posted a loss after tax of K4.4 million for the financial year ending March 2020, according to a published statement. Read more Local Business and Finance Sponsored By Liquid Telecom GoviEx Uranium Inc., has received a letter from the Mining Cadastre […]
In the final week of June and beginning of July 2020 bond trading, bonds of total face value of K83,722,000 were transacted in 11 trades, yielding a market value sales of K44,983,000. Thursdays’ bond trading was the best performing for the week. Week three of June recorded the highest Total Face Value, Market Value Sales […]
In another magnificent turn of events the final week of June, just as recorded in the final week of May 2020 Corporate Bond Trading. The equities market recorded a great score for the second time this year. As it recorded another staggering score of 73% on the equities market to 27% on the bond market. […]
In the final week of June and beginning of July 2020 trading on the LuSE, Only four days recorded trades of which Tuesdays equities trading was the best performing for the week. Eight companies’ securities recorded trades. Monday 29th June In 7 trades recorded today, 106,786 shares were transacted yielding a market turnover of K84,628. […]
Story of the Day: Prima Reinsurance has advised shareholders that it is making steady progress in the paperwork around the forthcoming rights offer, according to a statement from the company. Read more Local Business and Finance Sponsored By Liquid Telecom Zambia seeks to sell K13.6bln ($755mln) worth of government securities in the third quarter of […]
Zambia has over the years invested greatly in foreign direct investment (“FDI”). Outside its other advantages, a key attraction of FDI is the favorable tax implications it affords. However, one downside to this is the element of double taxation. Double taxation entails the levying of taxes on the same income or capital of the same […]
Story of the Day: It is no secret that mining in Africa has for the longest time been viewed by ‘big capital’ as an uncertain adventure. Most investors who dare to venture, take an astute approach to assess whether or not investing in a country’s mining sector is worth the risks associated with uncertainty. This […]
Story of the Day: In week four of June 2020 trading on the LuSE, we revert back to our old pattern as the bond market completely dominates the equities market. As it records a score of 99% to 1% on the equities market. The equities market is glory was short lived as we saw last […]
Economy
