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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
Economy
