EconomyApril 20, 2021

Daily FiZ – Tuesday 20/04
Story of the Day: The World Wide Fund for Nature (WWF) and Anheuser-Busch InBEV through its local subsidiary company Zambian Breweries Plc in partnership with the Ministry of Water Development and Sanitation and Environmental Protection officially launched their Strategic Investments Pathways Report on Wednesday 14th April 2021, this report is based on a case study […]

EconomyApril 19, 2021

Daily FiZ – Monday 19/04
Story of the Day: The only private listed insurance company on the Lusaka Securities and Exchange has informed shareholders that it expects a 25% improvement in earnings when it reports its financial year end results, according to a statement from Zambia Reinsurance PLC. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia needs […]

EconomyApril 16, 2021

Daily FiZ – Friday 16/04
Story of the Day: ZCCM IH has advised shareholders that it intends to appeal against the decision of the Court of Appeal and to stay the judgment in the matter relating to KCM, according to a statement from the Company. Read more  Local Business and Finance Sponsored By Liquid Telecom The International Monetary Fund still […]

EconomyApril 15, 2021

Daily FiZ – Thursday 15/04
Story of the Day: The only LUSE listed oil marketing company has recorded an approximately 52% increase in profit after tax to K160.18 million, according to PUMA Energy’s latest SENS announcement. Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia and Angola are set to sign an agreement for the construction of an […]

EconomyApril 14, 2021

Daily FiZ – Wednesday 04/14
Story of the Day: According to the abridged financial statements published on SENS, the profitability of Copperbelt Energy Corporation reduced to USD5.6 million (2019: USD12.2 million) which was impacted significantly by the high levels of impairment losses of USD94.9 million (2019: USD55.4 million). Read more Local Business and Finance Sponsored By Liquid Telecom The developers […]

EconomyApril 13, 2021

Daily FiZ – Tuesday 13/04
Story of the Day: Bayport Financial Services has announced the appointment of Mwenzi Mibenge Mulenga as the new Chief Executive Officer. Ms Mulenga becomes the first female CEO in the history of the multi-billion kwacha Micro Finance, and joins a strong group of female CEOs in the Zambian Finance Industry. Read more  Local Business and […]

EconomyApril 12, 2021

Daily FiZ – Monday 12/04
Story of the Day: Zambia’s mining sector has faced significant challenges over the last decade due in part to fluctuating commodity prices, unstable taxes and most recently, the outbreak of COVID-19. Despite the many obstacles in the sector however, the country’s biggest mine and taxpayer – First Quantum Minerals (FQM) – has managed to not only […]

EconomyApril 9, 2021

Daily FiZ – Friday 09/04
Story of the Day: In the last year, Enygma Ventures funded 10 businesses across the SADC region and deployed almost $4m. As an industry agnostic player, their investments ranged across various industries including fintech, edtech, recruitment, food, e-commerce and many more, making them one of the most active investors on the continent. Read more  Local […]

EconomyApril 8, 2021

Daily FiZ- Thursday 08/04
Story of the Day: At the EGM of ZCCM-IH held virtually on Tuesday, 30 March 2021 and hosted in Lusaka, Zambia, shareholders of ZCCM-IH (“Shareholders”) considered the resolution proposed at the EGM as set out below: Read more  Local Business and Finance Sponsored By Liquid Telecom Zambia’s private sector pulse rallied to a 2-year high after […]

EconomyApril 7, 2021

Daily FiZ – Wednesday 07/04
Story of the Day: After posting positive real GDP growth for over 2-decades, Africa’s 2nd largest Copper producer succumbed to a recession sizing 3.0% in line with global growth outturns. This was largely due to the Covid-19 pandemic which exacerbated pre-existing fiscal vulnerabilities (elevated debt service and tight fiscal space) and tight liquidity conditions. Read […]