EconomyJune 30, 2020

Daily FiZ – Tuesday 30/06
Story of the Day: British American Tobacco Zambia Plc has announced the resignation of its Chairman from the Board, according to a statement from the company. Read more  Local Business and Finance Sponsored By Liquid Telecom  Zambia recorded a K3,843.4 million trade surplus in May 2020, signifying a 72.2 percent increase from K2,231.6 million recorded […]

Economy, OpinionJune 29, 2020

Bond Market Diary (22nd to 26th June 2020)
In the fourth week of June 2020 bond trading, bonds of total face value of K708,378,000 were transacted in 43 trades, yielding a market value sales of K473,060,000. Only three days recorded trades of which Thursdays’ bond trading was the best performing for the week. Week four  has been the best performing week on the […]

Economy, OpinionJune 29, 2020

Weekly Capital Market Report (22nd to 26th June 2020)
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 week it had a […]

Economy, OpinionJune 29, 2020

Weekly Stock Market Review (22nd to 26th June 2020)
Four weeks into June 2020 trading on the LuSE, Only four days recorded trades of which Wednesdays equities trading was the best performing for the week. Seven companies’ securities recorded trades. Monday 22nd In 12 trades recorded today, 4,611,400 shares were transacted yielding a market turnover of K599,482. Trading activity was recorded in CEC AFRICA […]

EconomyJune 29, 2020

Daily FiZ – Monday 29/06
Story of the Day: Zambia National Commercial Bank (ZANACO) PLC has appointed Mrs. Mukwandi Chibesakunda as its new Chief Executive Officer (CEO), effective October 1st, 2020, according to an announcement issued by the bank’s Board of Directors. Read more  Local Business and Finance Sponsored By Liquid Telecom  The Bank of Zambia on Friday sold K818.5mln […]

EconomyJune 26, 2020

Daily FiZ – Friday 26/06
Story of the Day: Over the last three years, the Zambian National Commercial Bank (ZANACO) has recorded a continued positive growth. According to the press release and virtual media briefing hosted on June 25th 2020, ZANACO managed to post a respectable profit because of the measures taken to expand the product offering which resulted in […]

EconomyJune 25, 2020

Daily FiZ – Thursday 25/06
Story of the Day: The half-year period ended 31st March 2020 (HY 2020) saw Zambeef post encouraging results in the context of a very challenging macroeconomic environment. During this period, the Zambian Kwacha weakened by 37%, resulting in short to medium term record inflation. Read more  Local Business and Finance Sponsored By Liquid Telecom  Edgar […]

EconomyJune 24, 2020

Daily FiZ – Wednesday 24/06
Story of the Day: Three weeks into June 2020 bond trading, the equities market regains its glory as it recorded a 40% to 60% on the bond market. Although it is not as great as we saw in final week of May but just as good for the month of June. Read more  Local Business […]

EconomyJune 23, 2020

Daily FiZ – Tuesday 23/06
Story of the Day: Prima Reinsurance Plc has announced the retirement of David Kombe as Chairman of the Board, according to a statement from the Company. Read more  Local Business and Finance Sponsored By Liquid Telecom  Absa Bank Zambia launched NovoFX, a new mobile application with an intuitive interface that allows its internet banking registered […]

EconomyJune 22, 2020

Daily FiZ – Monday 22/06
Story of the Day: Real Estate Investment Zambia will not be entering into a subsequent employment contract with its CEO Sydney Popota following the expiration of his contract, according to a statement from the Group. Read more Local Business and Finance Sponsored By Liquid Telecom  An American non-profit organisation has launched a $40 million joint […]