One of Zambia’s leading banks has expressed optimism on the prospects of Zambia’s mining sector considering recent pronouncements at the 2022 edition of the Mining Indaba, according to an interview with Financial Insight Zambia who are covering the event. During the 30-minute conversation with the Founder of this website, CEO Mwindwa Siakalima found his […]
At the Annual General Meeting (“AGM”) held on 30th March 2022 in Lusaka, a Final Dividend of ZMW 0.252 Ngwee per share for the financial year ended 31st December 2021 was approved by the Shareholders of Zambia National Commercial Bank Plc (“Zanaco”). In accordance with the requirements of the Securities Act No. 41 of 2016 […]
Review of the Business Environment The Covid-19 pandemic continued being a major trading impediment, affecting the financial sector in many ways. In spite of this challenge, Izwe Loans Zambia Plc “Izwe” continued to show strong growth in business results and customer numbers during the financial year of 2021. Support through the Targeted Medium-Term Refinancing Facility […]
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Standard Chartered Bank Zambia PLC (“the Bank”) hereby advises the Shareholders of the Company that the Earnings per Share for the twelve-month period ended 31 December 2021 is K0.21 compared to negative earnings per share of (K0.03) for the twelve-month […]
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zanaco Bank Plc (“the Board”) wishes to advise the Shareholders that for the financial year ended 31 December 2021, the Basic Earnings per Share is 343% higher than that for the financial year ended 31 December 2020. The increase in […]
Standard Chartered Bank Zambia has appointed Mainga Mukando as member of its Board of Directors, according to a SENS announcement from the Bank. 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 […]
BIG! STRONG! RELIABLE! Sounds familiar? To most Zambians that sequence of adjectives would call to mind nothing else but one, ZANACO bank. Being of service to the country for the past 53 years, ZANACO is more than a household name. It is part of Zambia’s banking history. Living up to its slogan On 3rd […]
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 […]
The Access Bank Board of Directors has just announced their decision to appoint Mr. Lishala Situmbeko as Access Bank’s Country Managing Director effective November, 2021. In their announcement, Access Bank highlighted that Mr. Situmbeko is a pillar in the market, having more than 25 years of experience as a business leader in the private and […]
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 […]
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