EconomyApril 8, 2020

Daily FiZ – Wednesday 08/04
Story of the Day: In the final week of March as well as the first week of April, our pattern continues as we close off the month of March the bond market completely eclipses the equities market with a score of 100% Read more  Local Business and Finance Sponsored By Liquid Telecom  Glencore has plunged […]

EconomyApril 7, 2020

Daily FiZ – Tuesday 07/04
Story of the Day: No one could have predicted that 2020 would see the emergence of a global pandemic. The novel corona virus later named COVID-19 at first looked just like China’s problem. But little did the world know that it was just a matter of time before it becomes a global problem. COVID -19 […]

Finance, ZCCM-Investment Holdings PlcApril 6, 2020

KCM Liquidator stays as Vedanta’s petition to have him removed is rejected
The tribunal appointed in the arbitration proceedings in the matter of Vedanta versus ZCCH-IH which were commenced by the former, has rejected the application for the withdrawal of the matter as well as the removal of the liquidator, according to a statement from ZCCM-IH. “Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH”) are referred to the […]

EconomyApril 6, 2020

Daily FiZ – Monday 06/04
Story of the Day: Following its initial public offering in 2019, ZAFFICO announced an approximately 34.4% reduction in earnings for the financial year 2019 from 2018, according to its first set of published financials since the IPO. Read more Local Business and Finance Sponsored By Liquid Telecom  Bank of Zambia said on Friday it has […]

Finance, ZCCM-Investment Holdings PlcApril 5, 2020

[Sponsored Press Release] ZCCM Investments Holdings Plc To Appeal Against the Ruling of the High Court in the matter of ZCCM Investments Holdings Plc v First Quantum Minerals
ZCCM Investments Holdings Plc To Appeal Against the Ruling of the High Court in the matter of ZCCM Investments Holdings Plc v First Quantum Minerals, FQM Finance Limited, Philip Pascall, Arthur Mathias Pascall, Clive Newall, Martin Rowley and Kansanshi Mining Plc ZCCM Investments Holdings Plc (ZCCM-IH) intends to appeal against the Ruling of the Lusaka […]

Economy, OpinionApril 4, 2020

Strategic Planning for Post COVID-19
No one could have predicted that 2020 would see the emergence of a global pandemic. The novel corona virus later named COVID-19 at first looked just like China’s problem. But little did the world know that it was just a matter of time before it becomes a global problem.  COVID -19 has changed the total […]

Economy, OpinionApril 4, 2020

Bond Market Diary (30th March to 3rd April) 
In the final week of March 2020 as well as the first week of April 2020, bonds of total face value of K118,906,000 were transacted in 15 trades, yielding a market value sales of K58,163,000. Tuesday’s bond trading was the best performing for the week in terms of Total Face Value and Market Value Sales.  […]

Economy, OpinionApril 4, 2020

Weekly Capital Market Review (31ST March to 3rd April 2020)  
In the final week of March as well as the first week of April, our pattern continues as we close off the month of March the bond market completely eclipses the equities market with a score of 100% Although, the month of April starts off the month as slightly promising as the equities market is […]

Economy, OpinionApril 4, 2020

Weekly Stock Market Review (30th March to 3rd April 2020)
In the fifth week of March 2020 trading on the LuSE and in the first week of April 2020 trading only four days recorded trades of which Thursday was the best performing for the week. Eight companies securities recorded trades during the week. Trading activity was recorded in AEL ZAMBIA, AIRTEL, CEC ZAMBIA, STANDARD CHARTERED […]

Economy, OpinionApril 4, 2020

Tree processing ZAFFICO records a 34.4% reduction in earnings in 2019 in its debut FY on LuSE
Following its initial public offering in 2019, ZAFFICO announced an approximately 34.4% reduction in earnings for the financial year 2019 from 2018, according to its first set of published financials since the IPO. “The Company maintained good profitability over the reporting period with the profit for the year amounting to K78 million”, read a statement […]