Manufacturing, ZAMEFA PlcFebruary 1, 2020

ZAMEFA Shareholders to vote on changes to its ‘Authorized Shares’
Metal Fabricators Zambia PLC, also known as ZAMEFA, will this February 20th, 2020, hold their Annual General Meeting at which the Board of Directors will be seeking a vote on the increase in the company’s authorized shares, according to a statement from the company. The special resolution will seek approval from shareholders to “to the […]

Agriculture, Manufacturing, Zambia Sugar Plc, ZAMEFA PlcJanuary 31, 2020

Zambia Sugar unveils the ‘First Lady’ of manufacturing as a Non-Executive Director
The Boardroom of Nakambala Sugar Estate will now be graced by Roseta Chabala as Zambia Sugars’ latest addition to its illustrious Board, according to a statement from the company. “The Company wishes to announce the appointment of Mrs. Roseta Mwape Chabala as a non-executive director of the Board”, read a statement issued by Mwansa Mutimushi […]

Lafarge, ManufacturingDecember 20, 2019

Lafarge has a new Company Secretary
Lafarge Zambia PLC has announced the appointment of Chibuye M Ngulube as its new company secretary, according to a statement from the 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 appointment of Mrs. Chibuye Mbesuma Ngulube as […]

Manufacturing, ZAMEFA PlcNovember 26, 2019

SOEs debt weighs heavily on ZAMEFA’s 2019 Performance
The manufacturer and distributor of electrical cables and wires, ZAMEFA, has reported a loss after tax of K72.3 million for the year ended September 2019 due in part to weakening operating activity on account of slow settlement of VAT refunds from ZRA and slow payments for product by state-owned enterprises (SOEs), according to a statement […]

Construction, Lafarge, ManufacturingNovember 16, 2019

Harriet Katongo announces her exit as Company Secretary of Lafarge Zambia
Lafarge Zambia Plc has announced the resignation of its long-serving Company Secretary, according to a statement by the company. “Pursuant to section 3.59 of the LuSE Listings Requirements, the Board of Directors of Lafarge Zambia PLC (“Lafarge” or “the Company”), wishes to announce the resignation of Ms Harriet Kapekele-Katongo as Company Secretary effective 30th November […]

Construction, Lafarge, ManufacturingSeptember 30, 2019

Lafarge has a new Chief Financial Officer
  Lafarge Zambia Plc has announced the appointment of a new Chief Financial Officer following the resignation of Mr. Raphael Chipoma in June 2019. “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 appointment of Mr. Ahmed Khalifa as […]

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 […]