Finance, ZCCM-Investment Holdings PlcOctober 17, 2019

Chipata waits no more: ZCCM IH CEO “unveiled”
ZCCM IH’s wait for a confirmed CEO came to an end on 11 October 2019 as Acting CEO Mabvuto T Chipata got the nod from the board to be the don of the investment company.     “In compliance with the Securities Act No. 41 of 2016 and the Listings Rules of the Lusaka Securities […]

Finance, Madison Financial Services PlcOctober 6, 2019

Madison Financial Services signals 500% lower earnings per share at Half Year 2019
Lusaka Securities and Exchange-listed Madison Financial Services (MFS) has advised shareholders that the company’s headline earnings per share at half-year 2019 will be approximately 500% lower compared to the previous year.   “In accordance with the Lusaka Securities Exchange Listings Requirements, the Board of Directors of Madison Financial Services PLC hereby advises the Shareholders o

Banking, FinanceSeptember 5, 2019

Banks Entry in the Insurance Territory Part 1
In the year 2018 the Zambian banking sector witnessed both favourable and unfavourable business environment conditions. Top among notable favourable business environment conditions was the stable and consistent lending interest rates backed by the Bank of Zambia’ monetary policies. However it was during the year 2018 that the Bank of Zambia in its role as […]

Finance, ZCCM-Investment Holdings PlcAugust 29, 2019

Lime and Banking assets cause pain for ZCCM IH’s EPS
ZCCM IH expects to post a lower earnings per share when the company announces its audit accounts later this year. “In accordance with Section 3.4(b) Lusaka Securities Exchange Listings Requirements, the Board of Directors of ZCCM-Investments Holdings hereby advises the Shareholders of the Company that the Earnings Per Share (“EPS”) for the financial year ended […]

Finance, ZCCM-Investment Holdings PlcJuly 28, 2019

(Sponsored) CAUTIONARY ANNOUNCEMENT – ZCCM IH Plc
In accordance with the requirements of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules” or the ”Rules”), shareholders of ZCCM Investments Holdings Plc (“ZCCMIH” or the “Company”) are advised that ZCCM-IH has on 21 May 2019 filed a petition in the High Court of Zambia for the winding up of Konkola Copper Mines Plc. […]

Finance, ZCCM-Investment Holdings PlcJuly 21, 2019

(Sponsored) ZCCM -IH | Konkola Copper Mines Plc Further Cautionary Announcement
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) are referred to the announcement dated Wednesday 23rd May 2019, in which they were advised that ZCCM-IH filed a petition in the High Court of Zambia for the winding up of Konkola Copper Mines Plc on 21st May 2019. ZCCM-IH filed the said petition pursuant […]

Economy, Finance, Strategy, ZCCM-Investment Holdings PlcJuly 9, 2019

The Birth of Kabundi Mining Resources
-The Future of Zambian Mining as prophesized by ZCCM-IH After weeks of delirium over what the future of mining in Zambia was going to be with the debacle of KCM (one of ZCCM IH’s investee companies), Zambia’s premier investment company made an announcement that brought hope to investment in the sector. “At its Special Board […]

FinanceJune 4, 2019

IZWE retreats from IPO
IZWE will not be listing on the Lusaka Securities Exchange in 2019 after months of anticipation following cautionary announcements that exposed the personal loans company intentions of seeking an Initial public offering. The company’s presence on the LuSE has been known for its listed notes. A listed note is basically a structured debt security issued […]

Finance, ZCCM-Investment Holdings PlcMay 2, 2019

Growth in the Electric Car Industry Boosts Interest in Zambia’s Battery Metals: ZCCM IH
ZCCM and Ministry of Mines and Minerals are currently attending the Mines and Money conference and exhibition in New York Permanent Secretary in the Ministry of Mines and Minerals Development Mr. Paul Chanda says Zambia’s mining sector still presents vast investment opportunities in spite of the domestic and global challenges.   Speaking on the sidelines […]

Finance, Madison Financial Services PlcApril 25, 2019

Madison Financial Services Plc 2018 Performance
Madison Financial Services Plc operates a close-knit and WELL DIVERSIFIED FINANCIAL SERVICES GROUP of companies, offering various products and services in the following businesses Madison General Insurance, Madison life Insurance, Madison Finance, Madison Asset Management, Madison Capital and Hillview Estate Limited. Madison was the first privately owned insurance company following the liberalizat