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 […]

Construction, Lafarge, ManufacturingOctober 27, 2018

Lafarge Zambia Plc at Half Year 2018
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 […]

ManufacturingJuly 6, 2018

Waste Management Must Be A Collaborative Effort
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 […]

ManufacturingMay 10, 2018

ZAM AGM 2018
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 […]

Construction, Lafarge, ManufacturingApril 23, 2018

Lafarge 2018 Performance with Impairment hurt
“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 […]

Manufacturing, ZAMEFA PlcDecember 6, 2017

Not so doubtful debtors– ZAMEFA 2017 Review
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 […]

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Construction, LafargeJuly 9, 2017

Cement Wars to Continue
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 […]

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