–SENS announcement republished. Issued by Rita Mapara- Ndhlovu Company Secretary by Order of the Board in Lusaka, Zambia on 6 August 2020 1. Introduction Further to the cautionary announcement released on the Stock Exchange News Service (“SENS”) of the LUSE on 8 July 2020, and the transaction announcement released on SENS on 6 August 2020, […]
Cavmont Capital Holdings Zambia has announced that it is in discussions with Access Zambia for a possible takeover of the bank, according to a statement from the bank. “Shareholders are advised that Cavmont Capital Holdings Zambia PLC (“CCHZ”) hereby announces that it has entered into exclusive discussions with Access Bank Zambia Ltd. (“Access Zambia”) regarding […]
The in turnaround Cavmont Capital Holdings Zambia Plc has record better top half performance for the last six months of its current financial year compared to the previous one, according to a statement from the company. “Cavmont Capital Holdings Zambia Plc (“the Company”), with Cavmont Bank Limited (“the Bank”) as its wholly-owned subsidiary together referred […]
Zambian commercial bank Cavmont Capital has announced the appointment of Christiaan Petrus De Vries to its effective 5th November 2019, according to a statement from the bank. “In accordance with Section 3.59 of the Lusaka Securities Exchange Listing Rules, the Board of Cavmont Capital Holdings Zambia Plc (“the Board”) (“CCHZ” or “the Company”) wishes to […]
Cavmont Capital Holdings Zambia Plc has reported a set of results which show an improvement compared to the prior year with a significantly reduced loss before tax compared to the previous period, according to a statement from the Company. “The Group reported a loss before tax of K16.6m for the year ended 30 June 2019 […]
About the Company The Bank was established on 1 January 2004, following a merger between Cavmont Merchant Bank Limited (incorporated in October 1992), and New Capital Bank Plc., (incorporated in June 1992). In 2006 the Bank’s holding company, Cavmont Capital Holdings Zambia Plc (CCHZ)’, sought a strategic investment partner and identified Capricorn Investment Holdings Limited […
Investors in Cavmont Capital will be grappling with the Trading announcement from the company that is forecasting earnings per share to be about 5655% lower as compared to that for the six month period to 31 December 2017. The movement in profitability is attributed to increased impairment charges and operating expenses, according to a statement […]
Financial Insight has enjoyed great relationships with a number of Zambia’s elite company’s CEOs. It is through those interactions that its founder has been able to get insight into the mindset of the management team as well as decode the type of leadership that firm possess. That is why it came as a bit of […]
It is always a delight when we see a CEO grabbing the ‘bull by its horns’ and taking charge when their product enters a new market or their firm delivers a new product. We have seen the likes of Elon Musk show case the Tesla by driving it on stage or Tim Cook playfully demonstrate […]
Charles Carey is a Managing Director who has every reason to be proud. Why? Well, the numbers 23, 24 and 12 resonate with him and his team as they ended their financial year (which oddly enough seems to be the lone wolf of LuSE as they are the only listed company who report the end […]
Banking
