StrategySeptember 21, 2021

ZNBS Partners with BSI Steel and Lafarge in BWELA TIMANGE Promotion
Mortgage lender, Zambia National Building Society, has partnered with steel manufacturer BSI Steel Zambia and cement maker Lafarge Zambia Plc in their latest mortgage promotion that is set to run for 6 months. The Strategic partnership will act as an enabler for the mortgage lender to add value to its product offering by providing add-ons […]

Opinion, StrategySeptember 21, 2021

Bwela Timange! ZNBS’ answer to Home Ownership
Zambia National Building Society has launched its much-anticipated mortgage product that seeks to address the home ownership gap that currently exists in the market.   Aptly named “BWELA TIMANGE” which in local dialect means “Come, let us build”, embodies everything that the over 50-year-old institution stands for, ‘a partner in building and helping its customers […]

ZAMEFA PlcSeptember 20, 2021

ZAMEFA Unveils Kangwa David Bwalya as CEO
The only listed metal fabricator company on the Lusaka Securities and Exchange has unveiled a ‘recently available executive’ following his departure from ZAFFICO, as the next CEO of the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Metal Fabricators of Zambia PLC (“the Board” or “Zamefa”) wishes to […]

ZAFFICOSeptember 16, 2021

Kangwa Bwalya exits the Timber Boardroom – CEO Resignation at ZAFFICO
Chief Executive Officer at Zambia’s only timber growing and processing listed company has resigned after 16 months of holding both executive and board positions, according to a statement from ZAFFICO. “In compliance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), ZAFFICO PLC wishes to inform shareholders that Mr. Kangwa David Bwalya […]

Copperbelt Energy Corporation Plc, EnergySeptember 14, 2021

CEC Plc signals 180% better Earnings at Half Year 2021
The only listed power utility in Zambia has advised shareholders that it expects improved earnings when it produces its 6 month unaudited financial statements. “In accordance with Section 3.4(b) of the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of the Copperbelt Energy Corporation Plc (“CEC” or “the Company”) hereby advises the Shareholders [&he

Economy, OpinionSeptember 10, 2021

Mvunga Bows Out After 2021 Q3 MPC
Central Bank Governor Christopher Mvunga resigned his position effectively a week after announcing his final monetary policy statement that saw the policy rate being maintained for a consecutive quarter. Chartered Accountant Christopher Mvunga was appointed Governor of the Bank of Zambia at the end of August 2020 and he took over from Dr. Denny H. […]

Opinion, StrategySeptember 9, 2021

Zambia National Building Society Presents K8 million Dividend to New Minister of Finance
The Board and Management of Zambia National Building Society presented a dividend cheque to Finance Minister Honorable Situmbeko Musokotwane on 9th September 2021, becoming the first company to do so from the GRZ portfolio of parastatals under the new administration.   Chief Executive Officer Mildred Mutesa accompanied Board Chairperson Dr. David Nama to make the […]

Agriculture, Zambia Sugar PlcSeptember 8, 2021

Zambia Sugar Announces Oswald Magawenzi as new CEO
Zambia Sugar PLC has announced the appointment of Oswald Magawenzi as its Country Manager Director, according to a statement from the company. Oswald who previous managed the Eswatini Illovo company takes over from Rebecca Katowa, the Zambian outfit’s first female Country CEO who resigned on 31 August 2021. According to the statement issued on behalf […]

Economy, OpinionSeptember 7, 2021

Why China Remains a Factor in Zambia’s New Dawn
It is a known fact that China and Zambia have shared a long history that has been beneficial to both countries. Granted many may argue of the exact extent of the impact either country has had though it is no secret the Chinese infrastructure investment in Zambia and the wider African continent has been substantial. […]

Agriculture, Zambia Sugar PlcSeptember 6, 2021

Zambia Sugar’s First Ever Woman CEO Set to Exit The ‘Sweetest’ Boardroom
The only listed sugar cane growing and processing company on the Lusaka Securities and Exchange has announced the retirement of its first ever woman Chief Executive Officer of the Zambia outfit, according to a statement from the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambia Sugar PLC […]