StrategyJune 14, 2018

Brand Utility: Could this be the answer for SMEs remaining relevant?
As I sat down and reflected on the prospects of the company Roman and I had created, it soon dawned on me the weight of responsibility that stood on our shoulders as founders of Financial Insight. We are an SME and like many, we have been dreading year 2 of our existence. What is worse, […]

Zambeef Products PlcJune 9, 2018

The Exit of Tim Pollock. Why leave when you are winning?
When the UK’s development finance institution, the CDC Group, announced its acquisition of a 17.5% equity stake in Zambeef Products for $65 million in 2016, the local food industry was taken by storm. Not only did this investment show the confidence in the Zambian local food industry, it showed that Zambeef was ready to scale […]

Zambeef Products PlcJune 9, 2018

ZAMBEEF Half Year Performance 2018
In a period that was marred by increases in fuel and electricity and the outbreak of foot & mouth and Cholera, it is impressive to hear a board Chairman be proud of his food producing company’s performance. Revenue for the half year period was up by 6%. This is the success that was echoed in […]

EconomyJune 6, 2018

Anatomy of a Depreciating Currency – Why the Kwacha tumbles
There has been continued concern over the depreciation of the kwacha. The local currency has seen most of its value eroded, and most FX analysts fear that it could depreciate further. On 1st June 2018, the currency closed at 10.3 against the USD. Historically, the kwacha hit its lowest point in November 2015, when it […]

EconomyJune 5, 2018

Bonds and Sentiment
Bonds are an interesting financial instrument. An entity lends money to a borrower who in turn agrees to pay back the amount with periodic payments during the tenor known as coupons at an agreed rate. It’s simple right? Well, not so simple as we are beginning to learn from the Eurobonds. To unpack it, it […]

Personal FinanceJune 1, 2018

Retirement Planning – Pension Options
“Retirement, a time to do what you want to do, when you want to do it, where you want to do it, and, how you want to do it.” Catherine Pulsifer    What do you do when you hear the dreaded question, “Are you prepared for retirement?” Most people in formal employment are so scared at […]

Banking, Retail, ZANACO plcMay 28, 2018

ZANACO 2017 Performance
It’s always refreshing reading a board chairperson’s letter to shareholders in annual reports that speaks to the heart of what the firm tried to achieve in the year under review. Charity Lumpa’s 2017 letter to shareholders was no exception. Her letter touched on everything from operational efficiency to prudent risk management.  It is clear from […]

EnergyMay 26, 2018

CEC Africa: Hopes High on Sector Reform
Siyanga Malumo is an optimistic man. The power sector veteran and Chairman of CEC Africa makes a compelling case for shareholders to remain optimistic in his letter to shareholders in the CEC Africa 2017 annual report. The chairman is placing most of his faith in the fact that their Nigerian story has an opportunity of […]

Beverage, Zambian BreweriesMay 21, 2018

Zambrew Loses Taste for Coca Cola
It started in October 2016 when the first cautionary announcement (published through SENS Announcement from LuSE) was made by Zambrew on its proposed disposal of the non-alcoholic ready-to-drink business segment of the company. In that announcement (and 8 others that followed), shareholders were advised that on 11 October 2016, Anheuser-Busch Inbev (ABInBev the parent of […]

Economy, OpinionMay 18, 2018

Key takeaways from Denny’s Presentation on MPC
This week, Dr. Denny Kalyalya, Governor of Zambia’s central bank, announced his MPC’s decision to hold rates. The Financial Insight team has been closely watching the decisions that have been coming out of the committee and often have predictions of their own in terms of how they believe the MPC will act. This time round, […]