ManufacturingApril 5, 2022

BATA 2021 Performance
We prioritized on NOOS “Never Out of Stock” collection, best sellers and volume lines which included school shoes, Gumboots, Tomy Takkies, NorthStar, Ladies and Men’s Bata. We also changed our sourcing strategy to the regional (Africa) countries of South Africa, Zimbabwe and Kenya and enjoyed considerable gains of (1) shortened lead times, (2) better pricing […]

LafargeMarch 29, 2022

POSTPONEMENT OF THE OPENING DATE OF THE MANDATORY OFFER BY HUAXIN (HAINAN) INVESTMENT CO., LTD TO THE MINORITY SHAREHOLDERS OF CHILANGA CEMENT PLC
The shareholders of Chilanga Cement Plc (“Chilanga Cement” or the “Company”) are referred to the Cautionary Announcement dated 04 March 2022 wherein the Company published the salient dates and terms of the Mandatory Offer (“the Offer”) from Huaxin (Hainan) Investment Co., Ltd. (“Huaxin”). The Offer was scheduled to open on Thursday, 24th March 2022 and […]

LafargeFebruary 10, 2022

Chilanga Cement Share Purchase agreed at Thirteen Kwacha Sixteen Ngwee
Shareholders are referred to the cautionary announcement issued on 30 November 2021 wherein the Board of Chilanga Cement Zambia Plc (the “Board”) (“Chilanga” or the “Company”) informed the shareholders and the market that Huaxin (Hainan) Investment Co., Ltd. (“Huaxin”) had purchased 150,026,436 Chilanga Cement shares representing a 75.00% shareholding via trades conducted on the Lu

LafargeDecember 1, 2021

Chai Jianping Announced as New CEO of Lafarge Zambia
Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Lafarge Zambia PLC (“the Board”) wishes to announce the resignation of the following Directors of the Board effective 26th November 2021: (a) Mr Ahmed Hosny Fathallah Khalifa; (b) Mr Jashmed Jahangir Khan; and (c) Mr John William Stull. The Board also […]

LafargeNovember 22, 2021

OP-ED: Lafarge’s Response to COP26
Last week was spent reviewing statements made by participants at the United Nations climate meeting in Glasgow, and it roused a lot of conflicting feelings. This event takes place once a year. Since its commencement in 1995, this will be the 26th session. The term “Conference of the Parties” stands for “Conference of the Parties.” […]

Finance, LafargeNovember 4, 2021

Zambia National Building Society (ZNBS) signs MoU with Lafarge Zambia Plc that targets reduced prices
Zambia National Building Society (ZNBS) has signed a Memorandum of Understanding with Lafarge Zambia Plc that will see the reduced price of cement and free delivery while enjoying reduced interest rates on mortgages under the Mortgage Promotion. Under the MOU, Lafarge pledges discounted cement to all the beneficiaries of the Bwela Timange Mortgages as well […]

Lafarge, ManufacturingNovember 4, 2021

Lafarge “Health, Cost and Lots of Cash”
Lafarge Cement, Zambia’s top ranking player in cement aggregates and concrete businesses recently published it’s Annual Report, in which the Company’s Chairman elaborated how Lafarge showcased it’s business resilience, innovation and commitment to delivering value for all stakeholders in a period characterized by unprecedented global challenges with the Covid-19 pandemic disrupting glo

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 […]

Manufacturing, ZAMEFA PlcJune 20, 2021

Rosetta Chabala exits the Metal Fabricators Boardroom
Listed metal fabrication company, ZAMEFA Plc, has announced the resignation of its Managing Director, according to a statement from 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 announce the resignation of Mrs Roseta Chabala as Managing […]

Lafarge, ManufacturingJune 15, 2021

Lafarge installs John W Stull as Director
Listed Cement manufacturer Lafarge Zambia Plc has announced the appointment of a new Director, according to a published statement from the company “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Lafarge Zambia PLC (“the Board”) wishes to announce the appointment of Mr John William Stull as a Director on […]