EconomyDecember 2, 2022

Daily FiZ – Friday 02/12
Story of the Day: Secretary to the Treasury Felix Nkulukusa says Zambia has finalized the guidelines and listing rules for issuance of green bonds to support climate related projects. Mr. Nkulukusa says the finalization of regulations creates credible opportunities for raising financing through green bonds for climate change projects and green growth. “To promote green bond […]

EconomyDecember 1, 2022

Daily FiZ – Thursday 01/12
Story of the Day: When she walked into the room, people eyes lit up and their faces beamed with smiles. This is the aura that surrounds Zambia’s World Wildlife Fund Country Head, Nachilala Nkombo who on 29th November 2022 hosted a gala event, that included heads of Government and the business community, to celebrate 60 years […]

EconomyNovember 30, 2022

Daily FiZ – Wednesday 30/11
Story of the Day In compliance with the Securities Act No. 41 of 2016 and the Listing Requirements of the Lusaka Securities Exchange, Metal Fabricators of Zambia PLC (ZAMEFA) announces its results for the year ended 30th September 2022. Revenue at Zmw 2 056 million is 15% lower than the prior year (2021: Zmw 2 […]

EconomyNovember 29, 2022

Daily FiZ – Tuesday 29/11
Story of the Day Focusing on the ways Africa can optimise the opportunity to increase the supply of green metals for global energy demands while creating meaningful value for communities will be the emphasis of Investing in African Mining Indaba 2023 which takes place at the CTICC, Cape Town, 6 – 9 February 2023. Green […]

EconomyNovember 28, 2022

Daily FiZ – Monday 28/11
Story of the Day Pan-African cross-border payment app Chipper Cash is set to acquire Zambian fintech company Zoona Transactions International, according to a statement shared with TechCabal. This acquisition will allow Chipper Cash, which has a self-reported user count of 5 million, to add new online services and a new agent network to its offerings. […]

EconomyNovember 25, 2022

Daily FiZ – Friday 25/11
Story of the Day Zambian Breweries has joined hands with the Road Transport and Safety Agency and the Zambia Road Safety Trust to promote road safety among schoolchildren at primary schools in Lusaka. According to the Road Traffic Accident Statistics Report by RTSA, 1,457 children below the age of 16 years were involved in road accidents […]

EconomyNovember 24, 2022

Daily FiZ – Thursday 24/11
Story of the Day: Absa Bank Zambia PLC announced the conclusion and signing of the full 2023/2024 Collective Bargaining Agreement between the Bank, Zambia Union of Financial Institution and Allied Workers – ZUFIAW and Bankers’ Union of Zambia – BUZ. The Bank has offered K2,600 salary increments across the board for all unionized employees effective 1 April, 2023. On […]

EconomyNovember 22, 2022

Daily FiZ -Tuesday 22/11
Story of the Day Last  week Madison Financial Services (MFS) Plc Group Executive Chairman Dr  Lawrence Samva Sikutwa Sikutwa made a submission to the parliamentary committee scrutinizing  the Bill. In his submission he stated that MFS  had not participated in any consultative process on the Bill  which was an omission. In his submission, he believes […]

EconomyNovember 21, 2022

Daily FiZ – Monday 21/11
Story of the Day Similar to cannabis, the growing legal acceptance of gambling in the United States and elsewhere is ushering a nascent class of digital technologies to support the burgeoning industry and address the regulatory complications involved. Yet what is underway doesn’t merely reflect another application of the typical tools in the fintech shed — […]

EconomyNovember 18, 2022

Daily FiZ – Friday 18/11
Story of the Day The first wave of alternative data use gave rise to powerhouse companies across key markets in the African continent, particularly in East and West Africa. Allowing previously excluded adults to access credit and participate in the formal economy for the first time, the insights gleaned from alternative data spilled into areas […]