Manufacturing, ZAMEFA PlcDecember 20, 2018

Metal Fabricators Plc at Full Year 2018 – Delinquent Receivables
The Board of Directors at Metal Fabricators Plc. (also known as ZAMEFA) are not too happy. AE Dickson, their Board Chairman, admitted in their annual report for 2018 that the company faced a difficult year. This difficulty was not their own making. Counterparties in their business ecosystem were the reason that the Rosetta Chabala led […]

OpinionDecember 20, 2018

Globalization
Globalization has been spoken about by big organizations like International Monetary Fund (IMF), United Nations (UN), African Union (AU) and Governments alike. But what does this 12 letter word really mean for the African continent especially for Zambia in particular? Well globalization is the increasing influence of businesses, organizations, governments and people’s ability to interact [&helli

Economy, OpinionDecember 19, 2018

Zambia’s Economic Standing into 2019
A ZiCA Perspective @ Q4 It is with constant concern that the Zambia Institute of Standard Chartered Accountants ZICA body raises matters that have fallen on the deaf ear, or rather, have had the ‘tortoise race’ to amendment or operationalization. At the 4th Quarter Media briefing held at ZiCA’s head office on the morning of 18th […]

Beverage, Zambian BreweriesDecember 18, 2018

Epilogue of the Coca Cola Transaction
The deal is finally done. Zambia Breweries Plc. announced on 14th December 2018, that the long awaited conclusion of the sale of their interest in non-alcoholic beverages unit was finally done. The company’s completion of the disposal of the ready-to-drink business segment was padded with their disposal of shares in Kalundu Beverages Limited. We had […]

Economy, OpinionDecember 13, 2018

PRESS RELEASE: EAZ PRESIDENT SPEECH AT EAZ GALA DINNER 2018
I wish to start by thanking most sincerely his excellency the president of the republic of Zambia Mr Edgar Chagwa Lungu, for accepting our invitation to come and officiate at this first ever gala dinner of the Economics Association of Zambia (EAZ). Your excellency, we feel greatly honoured that you took time off your very […]

Lafarge, ManufacturingDecember 11, 2018

Lafarge parts company with Vincent
Vincent Bouckaert, CEO Lafarge Zambia Plc, has left the building. SENS announcement coming from Lafarge by order of the Muna Hantuba led board announced that Vincent would be departing (resigning) from the company effective 5th December 2018. Vincent was ushered in as the new CEO barely 2 years ago following the departure of Emmanuel Rigaux […]

Agriculture, Zambeef Products PlcDecember 10, 2018

Ah! Restatement in Zambeef’s 2018 Financials
Wait a minute! Just when we thought Zambeef could not come in any stronger in 2018, the company issued a SENS announcement on 5 December that signaled a restatement of their full year results. But before one gets excited that more money has been generated from revaluation of assets, it is important to understand what […]

PodcastDecember 8, 2018

Josh explains the Dutch Disease
In his sophomore article for FiZ, Josh explains the Dutch disease from a Zambian, perspective. Read the article here

Economy, OpinionDecember 8, 2018

Dutch Disease, The pros and cons from a Zambian Perspective
Dutch Disease According to Investopedia, the Dutch disease is an economic term that refers to the negative consequences arising from large increases in the value of a country’s currency. It is primarily associated with a natural resource discovery but can result from any large influx of foreign currency into a country, including foreign direct investment […]

Finance, ZCCM-Investment Holdings PlcDecember 4, 2018

ZCCM IH Inks Cement EPC and FAC Contract
ZCCM IH’s impresario, Dr Pius Kasolo, has made no secret of the fact that he wants to grow his investment company’s group portfolio. That is why the press team at Financial Insight were not surprised when the invitation came for the attendance to the signing ceremony of the Financing Agreement Contract (FAC) at their office […]