Airtel Zambia has advised shareholders that the main reason for profit after tax plummeting by 122.14% on a year on year basis was mainly because of the Kwacha’s devaluation during the period under review. The unaudited results published on SENS 30th September 2019 also showed that the company had increased its appetite for debt in […]
Zambia’s second-largest (by subscribers) mobile telecommunications company reports that it expects to record a loss when its half-year results for 2019 are published on 27th September 2019. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Airtel Networks Zambia Plc (“Airtel” or “the Company”) hereby advises the Shar
Renowned private equity and venture capitalist Jito Kayumba has been appointed as non-executive member of the Zambian Breweries board effective July 2019, according to the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambian Breweries PLC (“the Board”) wishes to announce the appointment of Mr Jito Kayumba as […]
Airtel Africa successfully listed on the London Stock Exchange (LSE) in a move that cheered its subsidiary Airtel Zambia who published the Initial Public Offering (IPO) announcement on the Lusaka Securities and Exchange Stock Exchange News (SENS) bulletin. “The Board of Directors of Airtel Networks Zambia Plc (“Airtel Zambia”or “the Company”) wishes to inform […]
Airtel Zambia won the “8 hole” annual HLB Zambia gold day tournament for accountants that was held at Bonanza Golf Estate on Friday 28th June in Lusaka. Receiving the trophy on behalf of the team was Director of Airtel Money James Chona who was delighted to be a part of the annual event that brought […]
In a half year that saw the coming of the fourth mobile provider and the collapse of a data only provider, Airtel Zambia Plc posted unaudited results that showed their performance was under competitive forces constraint during the period under review. On September 24th 2018 through SENS Announcement, its board issued a statement that its […]
In an industry that currently sees 76% market penetration, Airtel is proud to be one of the top 2 leading mobile communication providers in Zambia. With a customer base that now stands at 5.36 million, Airtel is seeing growth in market share on a year on year (YoY) basis. According to SENS announcement published on […]
Monica Musonda has every right to be a proud board chairperson of Airtel. Her opening statement in the 2017 annual report was indicative of a Telcom leader who not only believed in the technology they delivered at the epilogue of 2017 (the 4G LTE Network that led to the price war) but also has deep […]
The last couple of weeks have been rather exciting on the commercial scene. A few weeks ago, the identity of Bank Here was revealed (ZANACO). Last week, Airtel unveiled 4G to the mobile internet market. One would have thought that the only mobile telecommunications company listed on LuSE would end there. No, they didn’t. The […]
The “smartphone network” recently published its half year results for the period January to June 2017. According to the summary of their profit and loss statement published on SENS announcement dated 2 October 2017, the network’s revenue at half year was 5.79% lower than the previous year. Gross profit was marginally lower at 0.32% with […]
Airtel Networks Plc
