Lusaka, 21st January 2021 – The Industrial Development Corporation (IDC) has commended Marcopolo Tiles Company Limited (MTCL) on the completion of Phase IV of the Company’s’ expansion project, at a cost of $15million, which will make it the first Zambian manufacturer of sanitary ware. “We at the IDC are proud to be associated with the […]
Metal Fabricators of Zambia (ZAMEFA), a public limited liability company incorporated in the Republic of Zambia under the companies Act, first started its operations in 1968, just over 4 years after the independence of Zambia; it was later privatized in 1996 and in 2004 it was listed on the Lusaka Securities Exchange. The majority shareholders […]
Metal fabrication company, ZAMEFA, is in the process of concluding its 2020 financial year end results and has signaled to the market that its loss per share will be between 217% to 237% higher than the previous financial year’s results, according to a statement from the company. “In accordance with the Lusaka Securities Exchange (“LuSE”) […]
Lafarge Zambia Plc has reported a surge of 27% in revenue at half year in their current financial year compared to the same period in the previous year, according to a statement from the cement maker. The company attributed the surge due to increased local demand and exports. “Sales revenue at K637 million for the […]
Metal fabrication company, ZAMEFA, expects to record significantly lower earnings per share when it reports its half-year results, according to a statement from the company. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listing Requirements, the Board of Directors of Metal Fabricators of Zambia Plc (“the Board”) hereby advises the Shareholders of the Company that […]
Shareholders of newly Lusaka Securities and Exchange-listed tree processing company ZAFFICO will have to wait another year before they are able to meet face to face with their management team in light of the maiden annual general meeting being held via ZOOM amidst COVID19 restrictions, according to a statement from the company. On 18th March […]
Cement manufacturing company, Lafarge Zambia Plc has recorded a loss after tax of K12.339 million for the financial year 2019 due to a 3% reduction in sales revenue, according to financial statements published by the company. “Sales Revenue for the period was recorded at K1, 110 million for the year down by 3% compared to […]
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 […]
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 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
