Lafarge, ManufacturingSeptember 12, 2019

Lafarge forecasts 392% lower earnings per share at half year
Cement manufacturer Lafarge Zambia Plc announced its anticipation of a lower EPS when it publishes its six-month financial performance at the end of September 2019, according to a statement from the company.   “In accordance with Section 3.4(b) of the Lusaka Securities Exchange Listings Requirements, the Board of Directors of Lafarge Zambia PLC hereby advises […]

Construction, LafargeJune 14, 2019

Lafarge Zambia CFO “Walks” as CEO Takes over as “Bean Counter!”
Lafarge Zambia’s Chief Financial officer has resigned his position after 14 months in the role with company.   “Pursuant to Section 3.59 of the LuSE Listing Requirements, the Board of Directors of Lafarge Zambia PLC (“Lafarge” or “the Company”), wishes to announce the resignation of Mr Raphael Chipoma as Chief Financial Officer effective 11th June […]

Manufacturing, ZAMEFA PlcMay 27, 2019

Metal Fabricators of Zambia PLC 2019 Consolidated Half Year Results
Metal Fabricators of Zambia plc (Zamefa) was incorporated in the Republic of Zambia under the Zambia Companies Act as a public limited liability company and is domiciled in Zambia. Zamefa was incorporated in 1968 and privatized in 1996. The company was listed on the Lusaka Securities Exchange in September 2004. The principal shareholder of ZAMEFA […]

Manufacturing, ZAMEFA PlcMay 6, 2019

ZAMEFA forecasts earnings increase north of 190% at half year
The Board of Zamefa forecasts a stronger earnings per share for the six month period ending 31st March 2019 for the 2019 financial year signaling an improvement in profitability compared to the previous financial year. The company is expected to record an increase of between 190% and 210% of the EPS following an increase in […]

Construction, LafargeApril 5, 2019

Jimmy has arrived! Lafarge in 2018 in Perspective
On March Wednesday 4th, Jimmy Khan, the brand new CEO of Lafarge Zambia was unveiled at his first Zambian Annual General Meeting by the cement maker. Flanked by Board Chairman, Muna Hantuba, this market the first sighting by shareholders of their new leader. Although credit has to go to former CEO Vincent Bouckkaert, who left […]

Lafarge, ManufacturingMarch 25, 2019

Block By Block Analysis – 2018 Performance Lafarge Zambia Plc
Company overview Lafarge is a multinational French industrial company specializing in three major products: cement, construction aggregates, and concrete. In July 2015 Lafarge merged with Holcim, a Swiss cement company and a new company was officially launched around the globe name of LafargeHolcim, creating a new leader in the building materials sector. According to the […]

Construction, LafargeFebruary 15, 2019

Its Khan for the Lafarge Holcim Zambia Top Job
After two months of searching for a new CEO, the Board at Lafarge Holcim Zambia Plc announced the appointment of Jimmy J. Khan as Managing Director and Chief Executive Officer effective 12 February 2019. Jimmy takes over from Vincent Bouckaert who held the role barely two years following his appointment in 2016. He is also […]

Manufacturing, ZAMEFA PlcJanuary 1, 2019

ZAMEFA – In depth Analysis of 2018 Performance
Following our publication of “Metal Fabricators Plc. at Full Year 2018 – Delinquent Receivables” in December 2018, we felt it prudent to further analyse the value creation prospects of the company. Our analysis looked at their latest annual report following their AGM in Q4. Profitability In a year that saw the company record negative earnings […]

Manufacturing, ZAMEFA PlcDecember 20, 2018

Metal Fabricators Plc at Full Year 2018 – Delinquent Receivables
The Board of Directors at Metal Fabricators Plc. (also known as ZAMEFA) are not too happy. AE Dickson, their Board Chairman, admitted in their annual report for 2018 that the company faced a difficult year. This difficulty was not their own making. Counterparties in their business ecosystem were the reason that the Rosetta Chabala led […]

Lafarge, ManufacturingDecember 11, 2018

Lafarge parts company with Vincent
Vincent Bouckaert, CEO Lafarge Zambia Plc, has left the building. SENS announcement coming from Lafarge by order of the Muna Hantuba led board announced that Vincent would be departing (resigning) from the company effective 5th December 2018. Vincent was ushered in as the new CEO barely 2 years ago following the departure of Emmanuel Rigaux […]