EconomyNovember 29, 2021

What do next year’s changes to the mining tax regime actually mean for Zambians?
Zambia’s financial brains explain why changes to the mining tax regime are positive for the country –-article first published by mining for Zambia Making Zambia a more attractive destination for investment is the number one shared priority of Zambia’s brightest financial brains. Investment in the country’s mining sector, in particular, has the enormous potential of […]

Agriculture, Zambia Sugar PlcNovember 4, 2021

Zambia Sugar Plc delivers a record performance for the financial year ended 2021
Lusaka Securities and Exchange listed sugar processing company, Zambia Sugar Plc, has advised shareholders that has recorded a record performance for the financial year ended 2021.   The Company has recorded a number of achievements including winning Illovo Group Awards for the Best Factory Performance at the Nakambala Factory, Best Safety award, Best Financial Management […]

Beverage, Zambian BreweriesNovember 3, 2021

ZAMBIAN BREWERIES COMMENDS GOVERNMENT ON 2022 BUDGET
As maiden ‘New Dawn Government’ hints at increased regulation of the alcohol industry… LUSAKA, ZAMBIA – Zambian Breweries has commended the government for expressing strong political will towards growing the local manufacturing sector through import tax adjustments and taking a step in bringing sanity to the local alcohol sector through increased regulation of unpackaged beer in its [&he

BankingOctober 26, 2021

Access Bank set to take over Atlas Mara Zambia
Investors in securities of Atlas Mara Zambia on the Lusaka Securities and Exchange have been notified of a takeover bid by Access Bank, according to a statement from the Bank. “In accordance with the Securities Act No. 41 of 2016 and with reference to the announcement issued by Atlas Mara Limited on 25th October 2021 […]

ZCCM-Investment Holdings PlcOctober 18, 2021

Eric Silwamba exits the ZCCM IH Boardroom
ZCCM IH has officially advised shareholders and investors that the Board Chairperson’s appointment has been terminated, according to a statement from the investment house. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of ZCCM Investments Holdings Plc (the “Board”) announce the termination of appointment of Mr Eric S Silwamba, SC […]

EconomyOctober 6, 2021

Zambia’s Government External Debt Stock $12.91 billion, Situmbeko Musokotwane
Zambia’s Finance Minister Situmbeko Musokotwane has informed members of thirteenth session of Parliament that the Government’s external debt currently stands at US$12.91 billion at half year 2021. “The stock of Central Government external debt as at end June 2021 stood at US $12.91 billion. But, as per convention, when we add $1.57 billion of debt […]

StrategyOctober 5, 2021

ZAFICCO forecasts over 300% Higher Earnings at 2021 Half Year
Listed tree processing company, ZAFICCO, has issued a statement to shareholders indicating that the company expects to record higher than expected earnings when it reports its half year performance for 2021, according to a statement from the company. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambia Forestry […]

MarketingSeptember 29, 2021

Partnering with BWELA TIMANGE – ZNBS CEO Pays Courtesy Call to Spread The Word on Promotion
Over the last week, CEO Mildred Mutesa and her Zambia National Building Society team have been engaging in a number of “meet and greet” meetings spreading the word about the society’s latest promotion “BWELA TIMANGE” which is set to run for 6 months. It is clear from the carefully selected visitations made by the ZNBS […]

RetailSeptember 29, 2021

Faith Mukutu Resigns from NATBREW Board
Chartered Accountant Faith Mukutu has resigned her position as independent director on the Board of National breweries, according to a statement from the listed brew house. “Pursuant to Section 3.59 of the Listing Requirements the Board of Directors of National Breweries Plc (“the Board”) wishes to inform the company’s shareholders and the public that Ms. […]

StandchartSeptember 27, 2021

Standard Chartered Bank Zambia Plc Records Subtle Improvement in Earnings Per Share
The listed Standard Chartered Bank Zambia Plc has advised shareholders that it expects an improvement in earnings, compared to the same period last year, when it reports its half year results for 2021, according to a statement from the Bank. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of […]