EconomySeptember 21, 2020

Daily FiZ – Monday 21/09
Story of the Day: A massive US$650 million investment that will double copper output and extend the life of Kansanshi Mine to 24 years has been pencilled in for 2023/24 by First Quantum Minerals (FQM). But the mining firm has cautioned shareholders that the expansion project can only go ahead if the company is confident […]

Economy, OpinionSeptember 20, 2020

2020 Budget performance in the COVID-19 era
Budgeting is one of the most important aspects of financial prudence. When properly implemented, it promotes financial discipline as spending is based on what is available and what is necessary. Due to these reasons, nations, corporations, and individuals need to plan how much they spend based on how much they raise. Each budget has a […]

Economy, OpinionSeptember 19, 2020

Bond Market Diary (14th to 18th September 2020)
In the third week of the month of September 2020 bond trading, bonds of total face value of K5,946,000 were transacted in 14 trades, yielding a market value sales of K42.59,000. Only four days recorded trades of which Thursdays’ bond trading was the best performing for the week.   Monday 14th There were no bonds […]

Economy, OpinionSeptember 19, 2020

Weekly Capital Market Report (14th to 18th September 2020)
With three weeks of trading on the LuSE in September, there’s a turnaround for the equities market as it records a score of 39% to 61% which is the best we’ve seen on the Equities Market this month. Despite the pandemic, some Companies are recording growth and this is a result of gains arising from […]

Economy, OpinionSeptember 19, 2020

Weekly Stock Market Review (14th to 18th September 2020)
Three weeks into September 2020 trading on the LuSE, eight (8) companies’ securities recorded trades. Tuesdays’ equities trading was the best performance of the week. Trading activity was recorded in AEL ZAMBIA, CEC ZAMBIA, LAFARGE, PUMA, STANDARD CHARTERED, ZAMBEEF, ZAMBIA SUGAR, and ZAMBIA BREWERIES. Monday 14th  In 12 trades recorded today, 13,019 shares were transacted […]

EconomySeptember 18, 2020

Daily FiZ – Friday 18/09
Story of the Day: In recent years, the local insurance sector has made marked strides in overcoming the historical challenges – particularly those in the medium to low income bracket. Read more  Local Business and Finance Sponsored By Liquid Telecom First Quantum Minerals’ Sentinel openpit copper mine, in Zambia, has exceeded its production targets for July […]

EconomySeptember 17, 2020

Daily FiZ – Thursday 17/09
Story of the Day: In a business environment where financial information is readily available and easily accessible, raising capital tends to be much easier than an environment where there is non. It is actually a win-win situation for both the lending institutions or investors as it minimizes the problems that come with asymmetric information. Read more  […]

EconomySeptember 16, 2020

Daily FiZ – Wednesday 16/09
Story of the Day: Pan-African telecommunications group Liquid Telecom has added cyber security to its business portfolio. The company announced the new offering during its cloud and cyber security webinar this morning, saying it aims to bring “sophisticated” cyber security products to protect the network, cloud and users. Read more Local Business and Finance Sponsored […]

EconomySeptember 15, 2020

Daily FiZ – Tuesday 15/09
Story of the Day: A world-leading supplier of responsibly sourced coloured gemstones, Gemfields – which operates the Kagem mine in Lufwanyama – has identified “huge potential” to market Zambia’s responsibly sourced emeralds to consumers in China. All proceeds from the sale of Kagem’s emeralds are repatriated back to Zambia, generating tax revenue for the government […]

EconomySeptember 14, 2020

Daily FiZ – Monday 14/09
Story of the Day: Stanbic Bank Zambia says it is prepared to work with the Zambia Association of Manufacturers (ZAM) and other stakeholders to accelerate the country’s economic diversification through value addition. Read more  Local Business and Finance Sponsored By Liquid Telecom The Economics Association of Zambia (EAZ) has advised some businesses in the country […]