Opinion, StrategyJuly 27, 2018

Business Lessons From The Real CR7 Love Story!
It’s the summer of 2009 and the football world is witnessing the biggest transfer of its time. The sweet smiling boy from Madeira tipped for the biggest things in the world of football has just completed a switch from the “red devils” to the “white angels” in a record 80 million pound deal. Florentino Perez, […]

Economy, OpinionJuly 25, 2018

Should the Argument of Hidden Debt still rage on?
It is no secret that the IMF has been dating Zambia for several months now as two of Zambia’s Finance Ministers have attempted to secure a deal to plug in the fiscal hole of USD 1.3 billion. To take you back, it was the eruption of reports in Mozambique that hidden debt existed caused an […]

Copperbelt Energy Corporation Plc, EnergyJuly 19, 2018

CDC walks away from CEC Deal
Over the last couple of months, the team at Financial Insight Zambia has been watching the CDC acquisition of CEC unfold. We published “CEC Conditions Precedents to the CDC Deal” which indicated the progress of the deal and the status of the deal. However, yesterday we received this email from the CDC press office and […]

Finance, Madison Financial Services PlcJuly 17, 2018

Madison Financial Services in 2017: Case of the PHD Syndrome
In a year of mixed fortunes, Madison Financial Services will remember 2017 for the highs and lows that where omnipresent in their financials. According to SENS Announcement published 14th June 2018, after a tremendous recovery was recorded for the total insurance business which had a triple jump in profits at 275%, the company made positive […]

Agriculture, Zambia Sugar PlcJuly 11, 2018

Zambia Sugar to Reduce Work Force
When Zambia Sugar’s Corporate Affairs Manager Sally Namutowe made the July 2018 press statement that her company was engaging employees in effecting a voluntary separation program, we were not surprised that the sweetest company in Zambia was considering a cost reduction strategy to save its position. According to an extract from her statement, Sally indicated […]

StrategyJuly 11, 2018

Listed notes: Options for Izwe’s capital raising
On 7th May 2018, the Board of Izwe Loans Zambia Limited announced its intention (through SENS Announcement on LuSE) of reviewing and considering various strategic growth opportunities that included pursing a listing on the local exchange. Fast forward to present day, the board further reiterated through their Company Secretary HLB Zambia that holders of its […]

ManufacturingJuly 6, 2018

Waste Management Must Be A Collaborative Effort
We have noted with deep concern the current discourse around the development and possible enactment of a Statutory Instrument (SI) compelling manufacturers of packaging materials like plastics and bottles to remove them from the environment after use by consumers. Whereas Zambia Association of Manufacturers (ZAM) supports measures to promote the development of a clean and […]

Mining, ZCCM-Investment Holdings PlcJuly 2, 2018

ZCCM IH 2017 Performance
In his maiden letter to shareholders, State Counsel Eric Silwamba (the newly appointed board Chair of ZCCM Investment Holdings) expressed confidence in the management team of Pius Kasolo (CEO) and the group’s prospects going forward. Although new to the role, SC Silwamba takes over an investment group that is at a critical stage in its […]

Banking, StandchartJune 24, 2018

A Sky Blue Wedding of The Banks In London?
It’s 19th May 2018 and millions of people across the globe are witnessing the royal wedding of Prince Harry and Meghan Markle. It was a historical occasion that happened at Windsor castle. A week later after this momentous occasion, financial observers around the world were treated to some more exciting news that filtered through on […]

CavmontJune 17, 2018

Cavmont joins the fray
It is always a delight when we see a CEO grabbing the ‘bull by its horns’ and taking charge when their product enters a new market or their firm delivers a new product. We have seen the likes of Elon Musk show case the Tesla by driving it on stage or Tim Cook playfully demonstrate […]