EconomyMarch 24, 2019

Week 12 Trading Update (18th to 22nd March 2019)
The trading month of March has continued on its upward surge, eclipsing the total turnover of February making this month the strongest trading month to date in 2019. Bond Activity During the week, bonds of total face value of K13,779,000 were transacted in 16 trades, yielding a market value sales of K9,027,000. Weekly Trading Diary […]

PodcastMarch 22, 2019

Outside – in @ Money Ep#20 with Alan Samuel of FiZ
Listen to Alan Samuel discuss about companies on the Lusaka Securities Exchange on Money FM  

Economy, OpinionMarch 20, 2019

Sales Tax effect on PMI Unknown, Stanbic Zambia
The impact of the soon to be introduced Sales Tax in Zambia that takes effect this April is not known, according to Victor Chileshe Head of Global Markets Stanbic Zambia in a response to a question from Financial Insight at an event hosted at Radisson Blu hotel in Lusaka. Stanbic Bank Zambia held their annual […]

Real Estate, Real Estate investments Zambia (REIZ)March 19, 2019

Real Estate Investment Zambia PLC – 2018 Performance Analysis
Performance overview In 2018, the real estate market in Zambia was highly competitive with the development of real estate properties continuing to record steady remarkable increases. Despite the increase in the value of property in Zambia the market has continued to put pressure on existing properties as demand in the near term is lagging supply. […]

OpinionMarch 19, 2019

Zambia’s Education System: In The Grip Of a Quality Crisis?
In 2002, the Zambian Government made the bold step of eliminating primary school fees. The policy, part of the Free Primary Education (FPE) initiative, had a large and immediate impact over the incoming years. The implementation of FPE reversed hitherto declining primary school enrollment experienced during the mid-1990s. In 2001, gross primary school enrollment was […]

Economy, OpinionMarch 18, 2019

A contextual look into February 2019 MPC Statement
A white-knuckle wait it was as the media were assembled in the Bank of Zambia auditorium on Cairo Road ready to listen to the presentation that the  Governor Dr. Denny Kaylalya and his council prepared as the first statement on the stance of the Monetary Policy Committee (MPC) for Q1 in 2019.   Last year’s […]

Economy, OpinionMarch 16, 2019

Week 11 Trading Update (11th to 15th March 2019)
In a week that saw the highest number of companies’ share fall, the Lusaka Securities Exchange had a reduced number of shares being traded from the previous week with strong turnover in comparison. Bond Activity During the week, bonds of total face value of K13,779,000 were transacted in 16 trades, yielding a market value sales […]

BankingMarch 15, 2019

Natsave and Mastercard sign strategic agreement to drive digital transformation and financial inclusion in Zambia
PRESS RELEASE Lusaka, Zambia – 13th March 2019: The National Savings Bank (Natsave) and Mastercard have signed a strategic partnership agreement, which will see the bank rollout Mastercard Chip and PIN prepaid and debit cards to provide its customers with a safer and more convenient alternative to transacting with cash. This is in line with […]

Real Estate, Real Estate investments Zambia (REIZ)March 15, 2019

REIZ earnings fall as rental income suffers ‘haircut’ due to exchange losses
The gold that glitters in the property market has quickly faded as REIZ reported an 88.8 % fall in profit after tax for the 2018 financial year. The company reported the sharpest fall in revenue in over 5 years following a period that has seen it invest organically in premium real estate in Zambia. Investment […]

Banking, ZANACO plcMarch 13, 2019

Zanaco PLC – 2018 Performance Analysis
Corporate Bio and Ownership Structure Zambia National Commercial Bank (Zanaco) Plc was established in 1969 to provide financial services to the Zambian economy and is now a leading Bank nationwide. In 2007, the Zambian Government sold a 49% stake to Rabo Development B.V. a subsidiary of the Cooperative Centrale Raiffeisen-Boerenleen Bank (Rabobank) of the Netherlands.  […]