Economy, OpinionJanuary 18, 2020

Corporate Bond Market Diary (13th to 17th January) 
  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. With only three weeks into the year, week three of bond tradings has been the best performing thus far recording the highest Market Value Sales and Total […]

Economy, OpinionJanuary 18, 2020

Weekly Stock Market Review (13th to 17th January 2020
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.   Monday 13th     In 11 trades recorded today, 3,342 shares were transacted, yielding a market turnover of K26,021. There was a share price loss of K0.87 and trading […]

EconomyJanuary 17, 2020

Daily FiZ – Friday 17/01
Story of the Day: Chibuku maker, National Breweries Plc has announced the resignation of its Managing Director after two years in the role. Read more Local Business and Finance  With markets running K882million long into Thursday 16 January, Bank of Zambia sold K531.7million ($36.6million) worth of treasury bill assets in the second government debt sale […]

EconomyJanuary 16, 2020

Daily FiZ – Thursday 16/01
Story of the Day:  First Quantum Minerals (FQM) has announced that it will be offering addition debt securities that it hopes will allow it to raise $300 million, according to the company. Read more  Local Business and Finance  The price of copper yesterday hit its highest since May last year ahead of the United States-China […]

EconomyJanuary 15, 2020

Daily FiZ – Wednesday 15/01
Story of the Day:  The dominance of the corporate bond market continues to prevail in the second week of trading on the LuSE in the first month of 2020. Read more Local Business and Finance  Zambia is already restructuring, renegotiating or refinancing its extensive Chinese project finance debt, and Chinese companies are playing hardball, according […]

EconomyJanuary 14, 2020

Daily FiZ – Tuesday 15/01
Story of the Day:  At the epilogue of 2019, ZCCM IH and Karma Mining Services & Rural Development Company signed a Joint Venture that will see the investment group further cement its case as an investor in mining services, according to a statement from the group. Read more Local Business and Finance Zambia has embarked […]

EconomyJanuary 13, 2020

Daily FiZ – Monday 13/01
Story of the Day: The Lusaka Securities and Exchange Business Development Manager, Phil Daka has left the bourse after over five years of service. Read more  Local Business and Finance The 300MW coal-fired power plant of Maamba Collieries Limited has resumed full capacity operations and is supplying the full contracted power to ZESCO. Read more: […]

Economy, OpinionJanuary 12, 2020

LuSE confirms Executive exits; CEO
The Lusaka Securities and Exchange has confirmed that three of its executives have left the brouse. “I can confirm that Business Development Manager, Information Systems Manager, Chief Financial Officer, and one other officer have left the LuSE following the expiration and non-renewal of their contracts”, said Priscilla Sampa, Chief Executive Officer of LuSE in a […]

Economy, OpinionJanuary 11, 2020

Corporate Bond Market Diary (6th to 10th January)
  In the second week of corporate bond trading, bonds of total face value of K65,888,000 were transacted in 23 trade, yielding a market value sales of K44,082,000.   Monday 6th There were no Bonds traded today. Tuesday 7th There were no Bonds traded today. Wednesday 8th Bonds of total face value K 45,888,000 were […]

Economy, OpinionJanuary 11, 2020

Weekly Capital Market Review (6th to 10th January 2020)
    The dominance of the corporate bond market continues to prevail in the second week of trading on the LuSE in the first month of 2020 Equity Market Update In the week ended 10th January 2020, a total of 9,016 shares were transacted in 55 trades, yielding a market turnover of K27,649. Trading activity […]