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 […]

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 […]