FinanceJanuary 15, 2018

Bitcoin, Madness of crowds
The other day I ran across a BBC report, on how African millennials have been caught up in the bitcoin frenzy. The more I read about bitcoin, the more am convinced it’s nothing more than a speculative financial bubble. In 2017 March when I started tracking down bitcoin price it was trading at $1000, by […]

Mining, ZCCM-Investment Holdings PlcJanuary 13, 2018

Pius “Smokes” Cigar following Impairment Joy
Dr Pius must have been smiling when the unaudited provisional financial statements for results ended 31 March 2017 hit his desk. With top-line eroding by 52% (K198M : 2016 and K95M : 2017), his ZCCM-IH was heading into abyss. However, noting the timing of the publication, FiZ believes there was a protracted audit period for […]

FinanceNovember 25, 2017

Misozi Mkandawire new MD for ZOONA
Earlier this month, ZOONA announced their newest Managing Director, Miss Misozi Mkandawire who has made MD at only 27 years old!! Such an amazing feat for such a young lady but on speaking to her, its easy to see how determined she is. Having invested her own money to open her first booth on Cairo […]

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FinanceNovember 24, 2017

What Venture Capital looks for in a Zambian Company
 Attending the SensxAfrica Venture Capital conference hosted at Government complex was a refreshing experience. The conference attracted several high net worth individuals who gave insights into the investment cycle of venture capital and private equity. Of concern for Zambian startups is the former. FiZ had a front row seat at the various plenary sessions and […]

Economy, FinanceNovember 22, 2017

WHU Sensxafrica Masterclass inspires
Professor Serden Ozcan of the WHU Otto Beisheim School of Management from Germany is passionate about Venture Capital in Africa. Attending his master class was not only insightful but inspiring. The executive education class not only put context to what venture capital was but also provided ways in which African countries such as ours can […]

Agriculture, Finance, Zambia Sugar PlcNovember 16, 2017

Zambia Sugar at Full Year 2017
On the 9th of November 2017, Mwansa Mutimushi (Company Secretary) released through SENS announcement, the 5 month audited financials by order of the Zambia Sugar Board. FiZ has been monitoring the performance of the company post project PAAR. Although shareholders would have been anxious to hear news of a dividend, we believe patience will have […]

FinanceNovember 14, 2017

Media Briefing for the International Symposium on Venture Capital
When the Citizen Economic Empowerment Commission rallies behind a noble cause, you know things are about to get interesting. FiZ had a front row seat at the recently held, symposium media briefing for the upcoming SensXAfrica conference. In attendance at the event were the Director General of CEEC, Likando Mukumbuta and the German Ambassador to […]

FinanceNovember 13, 2017

The Anatomy of the Bayport Corporate Bond
The Lusaka Securities Exchange with the approval of the capital markets regulator, the Securities Exchange Commission announced the floating of a 5 year corporate bond worth K300,000 by Bayport Financial Services Zambia. Allow me if you can, to breakdown the fancy finance phraseology and intricacies of a corporate bond, that is usually associated with MBA […]

FinanceNovember 12, 2017

SensxAfrica is Coming! The Rise of Venture Capital
A storm is coming. A venture capital storm. For sometime now, we have been investigating the footprint left behind by venture capital in Zambia. Few known names appear associated with scarce deals and are often not mentioned in Zambian financial folklore. Until now. FiZ has been in discussions with Bibusa Wissemann whose ambitions to bring […]

Economy, FI, Finance, StrategyOctober 18, 2017

Zambia’s Medium Term Debt Management Strategy Part II
This is part 2 of a 2-part analysis on the MTDS. If you’re only joining us now let me give a quick recap of the previous article. Basically, the Zambian government, through the Ministry of Finance are publishing the very first Medium-Term Debt Management Strategy. The publication is meant to provide information to all market […]