EconomyApril 29, 2020

Daily FiZ – Wednesday 29/04
 Story of the Day: Shareholders of newly Lusaka Securities and Exchange-listed tree processing company ZAFFICO will have to wait another year before they are able to meet face to face with their management team in light of the maiden annual general meeting being held via ZOOM amidst COVID19 restrictions, according to a statement from the […]

EconomyApril 28, 2020

Daily FiZ – Tuesday 28/04
Story of the Day: In the heat of a global pandemic, one would wonder if Zambia will be able to sustain itself in a total lockdown. The first quarter of the year has been rough for the Zambian economy and this has been indicated specifically in Zambia’s Purchasing Managers Index (PMI) in which readings have […]

Economy, Opinion, ZCCM-Investment Holdings PlcApril 27, 2020

(Press release) ZCCM Gold Company injects an initial K45 Million to develop Kasenseli Gold Mine in Mwinilunga
ZCCM Gold Company has injected approximately K45 million for the initial phase of the Kasenseli Gold Mine Project in Mwinilunga. With the granting of the exploration license by the Ministry of Mines and Minerals Development end of March 2020, ZCCM Gold moved on-site and started mobilisation in the first week of April 2020 to undertake […]

EconomyApril 27, 2020

Daily FiZ – Monday 27/04
Story of the Day:  With the granting of the exploration license by the Ministry of Mines and Minerals Development end of March 2020, ZCCM Gold moved on-site and started mobilisation in the first week of April 2020 to undertake detailed exploration that will determine the extent of gold mineralisation in the license area. Read more […]

Economy, OpinionApril 25, 2020

Bond Market Diary (20th to 24th April) 
In the fourth week of April 2020, bonds of total face value of K11,398,000 were transacted in 6 trades, yielding a market value sales of K8,118,000. Only two days recorded trades, of which Wednesday’s bond trading was the best performing for the week. Week two is the best performing week of April 2020 thus far […]

Economy, OpinionApril 25, 2020

Weekly Capital Market Review (20th to 24th April 2020)
In the tale of opposites, the forth week of April 2020 corporate bond trading, we see a replica of week one which opened up the month of April with a 97% score to a 3% on the equities market. Which is a better performance as compared to week four of March in which the bond […]

Economy, OpinionApril 25, 2020

  Weekly Stock Market Review (20th to 24th April 2020)
In the fourth week of April 2020 trading on the LuSE , Wednesdays equities trading was the best performing for the week. Seven companies’ securities recorded trades. Trading activity was recorded in AFRICA EXPLOSIVES LIMITED ZAMBIA, BRITISH AMERICAN TOBACCO ZAMBIA, CEC ZAMBIA, LAFARGE, PUMA, ZAMBEEF and ZANACO.   Monday 20th In 8 trades recorded today, […]

EconomyApril 24, 2020

Daily FiZ – Friday 24/04
Story of the Day: One area that has caught my interest throughout the current crisis has been the Economic response of countries across the world and the potential strains on debt sustainability as a result. Looking at Europe, The US and Emerging Markets (EM), we’ve seen government budgets completely overhauled and replaced by massive, blank […]

Economy, OpinionApril 23, 2020

Zambia’s Q1 2020 Purchasing Managers Index Review
In the heat of a global pandemic, one would wonder if Zambia will be able to sustain itself in a total lockdown. The first quarter of the year has been rough for the Zambian economy and this has been indicated specifically in Zambia’s Purchasing Managers Index (PMI) in which readings have been in contraction (<50) […]

Economy, FinanceApril 23, 2020

Covid-19 and The Sovereign Debt Story
One area that has caught my interest throughout the current crisis has been the Economic response of countries across the world and the potential strains on debt sustainability as a result. Looking at Europe, The US and Emerging Markets (EM), we’ve seen government budgets completely overhauled and replaced by massive, blank cheque spending that only […]

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