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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Manufacturing
