BankingSeptember 16, 2022

The Quorum Hosts Fintech and Banking Technology Power Lunch
Lusaka’s prestigious members club hosted its first ever “Power Lunch” which brought together captains of industry and high net worth individuals to sit down discussion with thought leaders of both banking and fintech industries.   The Quorum which has fast become a venue of choice for hosting events for corporates and entities seeking an easily […]

StanbicSeptember 2, 2022

Stanbic Zambia CEO Applauds Government’s $1.3 billion ECF from IMF
Stanbic Zambia has extended a congratulatory message to the Zambian President and his team on the significant milestone towards enhanced home-grown economic reforms through the securing of the Board approval from the IMF for an extended credit facility.   “Allow me to congratulate the President of the Republic of Zambia Mr. Hakainde Hichilema and indeed […]

BankingAugust 15, 2022

FNB Zambia conferred Best SME Bank Zambia 2022 and Best Innovative Bank Zambia 2022
First National Bank Zambia (FNB Zambia) has been conferred the Best SME Bank Zambia 2022 and Best Innovative Bank Zambia 2022 awards by the prestigious International Business Magazine. The International Business Magazine is a coveted publication that has carved a niche in the aggressive and competitive business world commanding respect among readers of Business and […]

BankingJune 14, 2022

ATLAS MARA Financial Results for the year ended 2021
  On 14th June, 2022, Atlas Mara announced the audited results of the Group for the period ended 31 December 2021 in which it posted over 400% increase in profits of ZMW 352.22 million compared to a profit of ZMW70.1 million in the previous year, according to the statement published by Sandra Malupande, the company […]

Mining, ZANACO plc, ZCCM-Investment Holdings PlcJune 5, 2022

ZCCM-IH and ZANACO sign MoU to support local SMEs’ participation in the mining supply value chain
ZCCM Investments Holdings Plc (ZCCM-IH and Zambia National Commercial Bank Plc (Zanaco) have signed a Memorandum of Understanding (MoU) aimed at fostering and providing growth opportunities that contribute to the participation of small and medium sized enterprises (SMEs) in the mining supply value chain in Zambia.   The MoU provides a framework of cooperation and […]

ZANACO plc, ZCCM-Investment Holdings PlcJune 1, 2022

ZCCM-IH and ZANACO sign MoU to support local SMEs’ participation in the mining supply value chain
Kitwe, June 1, 2022 – ZCCM Investments Holdings Plc (ZCCM-IH and Zambia National Commercial Bank Plc (Zanaco) have signed a Memorandum of Understanding (MoU) aimed at fostering and providing growth opportunities that contribute to the participation of small and medium sized enterprises (SMEs) in the mining supply value chain in Zambia. The MoU provides a […]

StandchartMay 31, 2022

Standard Chartered Zambia Announces Acting Company Secretary
In accordance with Section 3.59(a) of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules”), the Board of Directors (“the Board”) of Standard Chartered Bank Zambia PLC (“SCB” or “the Bank”) wishes to announce the resignation of Ms. Rose N. Kavimba as Company Secretary, effective 28 May 2022, after over eleven years of dedicated service. […]

ZANACO plcMay 27, 2022

Prof Saasa Appointed to ZANACO Board
Pursuant to Section 3.59 of the Listing Requirements the Board of Directors of Zanaco Plc (“the Board”) wishes to announce the appointment of Professor Oliver Saasa as director of the board effective 18th May 2022. Prof. Oliver Saasa is Professor of International Economic Relations and Managing Consultant/Proprietor of Premier Consult Limited in Lusaka. Prior to […]

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StanbicMay 20, 2022

Zambia’s Banking Sector Poised to Leverage on DRC – Zambia MOU
The signing of the Democratic Republic of Congo (DRC) – Zambia Memorandum of Understanding (MOU) has potential to create additional business for financial institutions with presence in both countries. In April 2022, Zambia and DRC signed a Cooperation Agreement to manufacture electric batteries. This historical cooperation agreement is aimed at facilitating the development of value […

StandchartMay 19, 2022

Sonny is Back! Standard Chartered Zambia Announces CEO Appointment
In accordance with Section 3.59(a) of the Lusaka Securities Exchange Listings Rules (“LuSE Listings Rules”), the Board of Directors (the “Board”) of Standard Chartered Bank Zambia PLC (“SCB” or the “Bank”) wishes to announce that Mr. Herman Kasekende, the current Managing Director and Chief Executive Officer of Standard Chartered Bank Zambia Plc will be leaving […]