Agriculture, Strategy, Zambeef Products PlcNovember 17, 2017

Zambeef: When Investors Call the Shots!
When UK’s development finance house, CDC Group, made the acquisition of 17.5% of Zambeef last year for $65m not only was it a positive statement about the reason why Zambia had become an idea investment destination but was a testament to the value creation potential they saw in the farm to shop company. With operations […]

Agriculture, Finance, Zambia Sugar PlcNovember 16, 2017

Zambia Sugar at Full Year 2017
On the 9th of November 2017, Mwansa Mutimushi (Company Secretary) released through SENS announcement, the 5 month audited financials by order of the Zambia Sugar Board. FiZ has been monitoring the performance of the company post project PAAR. Although shareholders would have been anxious to hear news of a dividend, we believe patience will have […]

FinanceNovember 14, 2017

Media Briefing for the International Symposium on Venture Capital
When the Citizen Economic Empowerment Commission rallies behind a noble cause, you know things are about to get interesting. FiZ had a front row seat at the recently held, symposium media briefing for the upcoming SensXAfrica conference. In attendance at the event were the Director General of CEEC, Likando Mukumbuta and the German Ambassador to […]

FinanceNovember 13, 2017

The Anatomy of the Bayport Corporate Bond
The Lusaka Securities Exchange with the approval of the capital markets regulator, the Securities Exchange Commission announced the floating of a 5 year corporate bond worth K300,000 by Bayport Financial Services Zambia. Allow me if you can, to breakdown the fancy finance phraseology and intricacies of a corporate bond, that is usually associated with MBA […]

FinanceNovember 12, 2017

SensxAfrica is Coming! The Rise of Venture Capital
A storm is coming. A venture capital storm. For sometime now, we have been investigating the footprint left behind by venture capital in Zambia. Few known names appear associated with scarce deals and are often not mentioned in Zambian financial folklore. Until now. FiZ has been in discussions with Bibusa Wissemann whose ambitions to bring […]

StrategyNovember 2, 2017

How to detect financial distress in Premier Companies
As premier companies begin to wrap up 2017, FiZ turns its attention to the subject many firms often do not want to discuss. When EBITDA is positive and liquidity is great, few companies ever imagine what life can be like if they faced financial distress. Furthermore, financial distress is an often painful subject for employees […]

Banking, CavmontOctober 30, 2017

Cavmont scores 23, 24 and 12!!
Charles Carey is a Managing Director who has every reason to be proud. Why? Well, the numbers 23, 24 and 12 resonate with him and his team as they ended their financial year (which oddly enough seems to be the lone wolf of LuSE as they are the only listed company who report the end […]

EconomyOctober 26, 2017

Upward Trend in Kwacha vs. Dollar
The proverbial fight between the Kwacha and Dollar continued today (26:10:17) as Bank of Zambia reported the Dollar had finally breached the K10 barrier on interbank at 12:30 pm. An analysis of the performance of the Kwacha since January this year shows the currency had its best months in the first half of the year. […]

EconomyOctober 25, 2017

Why is participation on AIM so poor in Zambia?
The Alternative Investment Market (AIM) is the secondary listing market that Lusaka Securities and Exchange (LuSE) has provided for companies that meet a particular criteria. For some time, TFHZPC has been discussing with LuSE and the Securities and Exchange Commission regarding the subscription to the AIM. Findings thus far indicate that small and medium sized […]

MiningOctober 23, 2017

Thinus Bierman exits for pastures green
We have been following the performance of AEL Zambia PLC. Critical to the performance of any firm is the management team. High performing entities always use human capital that has the request skillset to ensure that the fortunes of the entity are secure. Thinus Bierman was, until recently, that part of the AEL jigsaw puzzle […]