British American Tobacco, RetailMarch 25, 2021

BRITISH AMERICAN TOBACCO ZAMBIA 2020 PERFORMANCE REVIEW
The COVID-19 pandemic has not spared British American tobacco Zambia (BATZ) as it put to test the Company’s agility and its capacity to react, adapt and administer crisis management mechanisms to ensure sustainability in a volatile business environment. Generally, the COVID-19 Pandemic has been characterized by lockdowns and severe restrictions that prompted the Company to […]

Economy, RetailMarch 24, 2021

Daily FiZ – Wednesday 24/03
Story of the Day: Over the past few months every Zambian citizen has experienced an extremely sharp rise in the cost of living. As exports rose, we hit K9 billion in trade surplus for the first time in more than a year. But an over dependence on South African imports has left the country reeling, […]

RetailMarch 11, 2021

The Amazing Life and Legacy of Andrew Sardanis
  The following article is largely based on a speech orated by Dr Sishuwa Sishuwa. The full length speech was published for funeral guests and a copy can be found on the Lusaka Times Website. Andrew Sardanis is a Greek born Zambian Author, Artist, Politician and Businessman. He moved to our country at the age […]

RetailFebruary 25, 2021

Spotify to enter the Zambian Market
Spotify, the world’s largest streaming service by users is planning on formally entering the African market by expanding into 40 African countries. The list of new countries includes Nigeria, Ghana, Uganda and Zambia just to name a few, a potential market of more 700 million Africans. Previously the company only had operations in South Africa, […]

RetailFebruary 24, 2021

eleQtra announces signature of a Memorandum of Understanding to develop a Marine Transport Project on Lake Tanganyika
This article is an announcement by the eleqtra group initially published on their website. London 2nd December 2020: Mpulungu Harbour Corporation Ltd (MHCL), which operates and manages the Mpulungu Harbour in Zambia (Harbour) and is owned by the Industrial Development Corporation Limited of Zambia and eleQtra Ltd announced today the signature of an MOU to develop […]

Agriculture, Retail, Zambeef Products PlcFebruary 2, 2021

Mutimushi enters the Zambeef Boardroom
Food processing and agri-distribution company, Zambeef Plc, has announced the appointment of Mwansa Mutimushi as its Group Head of Legal and Company Secretary. On 13th January 2021, in an internal memorandum to all staff availed to Financial Insight Zambia by sources close to the matter, the CEO announced the appointment of Mwansa. “We are pleased […]

Economy, RetailFebruary 1, 2021

Daily FiZ – Monday 01/02
Story of the Day: In a unique public/private partnership, MTN, Africa’s leading mobile network, has announced a donation of US$25 million to support the African Union’s COVID-19 vaccination programme. Read more Local Business and Finance Sponsored By Liquid Telecom Zambia skipped a $56.1 million coupon payment on Jan. 30 on its Eurobond maturing in 2027, […]

RetailJanuary 29, 2021

MTN Group donates $25 million for 7 million Vaccine doses for Health Workers
In a unique public/private partnership, MTN, Africa’s leading mobile network, has announced a donation of US$25 million to support the African Union’s COVID-19 vaccination programme. The donation will help secure up to seven million doses of the COVID-19 vaccine for health workers across the continent, which will contribute to the vaccination initiative of the Africa Centres for […]

RetailJanuary 26, 2021

Meet Afridelivery Founder Wallace Ngige, CEO of Zambia’s leading E-Commerce
Little over 5 years ago there were 3 companies operating online food delivery services. Zoom, Delivery Delish and Lunchtalk. A young man named Afshon Wallace Ngige had just arrived in the country on a one way Emirates ticket from Zimbabwe. He offered them his consultation and tech services, they said no. He went on to […]

Economy, Opinion, RetailJanuary 19, 2021

Weekly Capital Market Review (11th to 15th January 2021)   
In the second week of 2021 bond trading on the LuSE, there was little trading activity on the bond market as only two days recorded trades even with little trading activity the bond market dominated the equities market recording a 79% to 21%. Looking back at the second week of 2020 we can see a […]