On 29th August 2018, Lafarge Zambia Plc. Published its half year performance with an impressive 18% increase in sales revenue compared to the previous years’ half year results. Their SENS announcement attributed the record K498 million revenue to strong market growth in 2018. Their statement identifies the operating environment for Lafarge Zambia as being fairly […]
We have noted with deep concern the current discourse around the development and possible enactment of a Statutory Instrument (SI) compelling manufacturers of packaging materials like plastics and bottles to remove them from the environment after use by consumers. Whereas Zambia Association of Manufacturers (ZAM) supports measures to promote the development of a clean and […]
It is always exciting when manufacturers in Zambia get together. On 10th May, Chipego Zulu CEO of Zambia Association of Manufacturers hosts their 2018 Annual General Meeting at Radisson Blu Hotel. A quick look at their annual report showed a refreshing position that industry in Zambia was on course to turn the adverse macroeconomic environment […]
“I am pleased to present the 2017 Lafarge Zambia results on behalf of the Board of Directors. Lafarge Zambia continues to demonstrate resilience in operational and financial performance despite the economic difficulties and competitive environment.” These were the opening words in Board Chairman Muna Hantuba’s letter to the board in the 2017 annual report. The […]
On the 12th of December 2017, Rosetta Chabala (Managing Director) will be facing shareholders of ZAMEFA at their annual general meeting. Judging by the numbers her team has delivered for 2017, we believe there will be smiles on shareholders faces when the board proposes a dividend for the third year in a row. However, it was […]
If TFHZPC sat in one of the three boardrooms of Dangote, Lafarge Holcim and Zambezi Portland, we would have been deeply reflective of the ground breaking ceremony in Masaiti area Ndola that happened recently. The announcement that the Industrial Commercial Bank of China (ICBC) would be putting up over $500 million into construction of another […]
The ZAMEFA half year results published on 30 May 2017 (available on the LuSE website) showed that the metal fabricator had a challenging start to the first half of the financial year. According to the press release, their revenue was only 1% higher for the group compared to the previous year’s half year results. This […]
This year’s Zambia Institute of Chartered Accountants (ZICA) elections were the most exciting albeit much anticipated in the financial sector. The elections ushered in a seasoned bean counter in Jason Kazilimani as its new president, and we believe that he and his KPMG team will be an exemplar in the game “auditing and compliance” in […]
When Dangote cement entered the construction value chain, we knew that incumbents were now faced with a formidable near rival who was (and still is) a Baumol player. A Baumol player is a company that possesses a management team that is keen on maximizing market share and revenue growth. It was clear when we conducted the 2015 review on […]
The Financial Times of Zambia is proud of the work it is engaged in. We have observed that many non-premier companies (of the SME flavor) in Zambia enter markets without understanding some of the factors that influence a firm’s profit potential. This can only be determined by assessing each industries profit potential because the profitability […]
Construction
