Economy, OpinionMarch 9, 2021

Weekly Capital Market Review (1st to 5th March 2021)   
As we begin the final month of the first quarter of the year, we see a pick up in the equities market as it recorded a 14% to a 86% on the bond market. Looking back at this particular time last year we see a somewhat better performance this year as it recorded a 2% […]

Economy, OpinionMarch 9, 2021

Weekly Stock Market Review (1st to 5th March 2021)
In the first week of March 2021 trading on the LuSE Eight companies’ securities recorded trades with INVESTRUST ZAMBIA as the highest priced security in comparison to week one of March 2020 that recorded seven companies securities with AIRTEL ZAMBIA as the highest priced security. Tuesdays’ equity trading was the best performance of the week. […]

EconomyMarch 9, 2021

Daily FiZ – Tuesday 09/03
Story of the Day: ZCCM-IH has a rich heritage in the Zambian mining sector which spans more than 100 years. Mining in the country was recorded to have begun with the discovery of copper at Kansanshi in 1899 and commenced commercial mining in 1908. This was followed by the lead and zinc discoveries in Kabwe […]

EconomyMarch 5, 2021

Daily FiZ – Friday 05/03
Story of the Day: According to information published by the Irish Embassy of Lusaka 61,300 cases of Irish Whiskey were sold in the Zambian market in 2019 (the most recent numbers available). This means Zambia consumes on average 735,000 bottles of Irish Whiskey (well Jameson) per year and represents 10% of the total consumption of […]

EconomyMarch 4, 2021

Daily FiZ – Thursday 04/03
Story of the Day: Mpulungu Harbour Corporation Ltd (MHCL), which operates and manages the Mpulungu Harbour in Zambia (Harbour) and is owned by the Industrial Development Corporation Limited of Zambia and eleQtra Ltd announced the signature of an MOU to develop a scheduled marine transport service on Lake Tanganyika (Project) that will boost trade flows […]

EconomyMarch 3, 2021

Daily FiZ- Wednesday 03/03
Story of the Day: Four weeks into February 2021, and the equities market has completely underperformed throughout the course of the month. Only week two recorded a 9% to 91% on the bond market. Every other week the bond market completely dominated the equities’ market as we also see with the final week of February […]

EconomyMarch 2, 2021

Daily FiZ- Tuesday 02/03
Story of the Day: Proflight Zambia and Johannesburg-based CemAir have implemented an interline and code share agreement streamlining travel between Zambia and South Africa. The agreement combines the two carriers’ extensive route networks between and within Zambia and South Africa, providing customers with a seamless travel experience. Certain flights will carry both airlines flight numbers. Re

EconomyMarch 1, 2021

Daily FiZ- Monday 01/03
Story of the Day: Over the past two years of implementing its 2018-2023 strategic plan, ZCCM IH made some notable achievements which included consistent dividend pay-outs to shareholders. Since the 2015 financial year, the group has paid approximately K537 million to shareholders as dividends. Except for 2016, investors were paid a dividend every year as […]

Economy, OpinionFebruary 27, 2021

Weekly Bond Market Diary (22nd to 26th February 2020)
Four weeks into February 2021 bond trading, only three days recorded trades of which Tuesdays’ bond trading was the best performance of the week. Bonds of total face value of K251,111,000 were transacted in 19 trades, yielding a market value sales of K118,002,000.  The bond market continues to dominate the equities market, with the equities […]

Economy, OpinionFebruary 27, 2021

Weekly Capital Market Review (22nd to 26th February 2021)  
Four weeks into February 2021, and the equities market has completely underperformed throughout the course of the month. Only week two recorded a 9% to 91% on the bond market. Every other week the bond market  completely dominated the equities’ market as we also see with the final week of February 2021 bond trading. As […]