Airtel Networks PlcMarch 16, 2022

Airtel Zambia Plc Records Positive K693 Million Profit
The only listed and trading mobile telecommunications company on the Lusaka Securities and Exchange has recorded a positive profit after tax of ZMW 693 Million, according to a statement released by Airtel Zambia Plc. The abridged 2021 financial statements indicated that following a customer base growth of 18.8% year on year, total revenue increased by […]

Airtel Networks PlcMarch 11, 2022

Airtel Zambia Plc Forecasts 300% higher Earnings Per Share for 2021 FY
In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Airtel Networks Zambia Plc (“Airtel” or “the Company”) hereby advises the Shareholders of the Company that the Earnings Per Share for the year ended 31 December 2021 is expected to be approximately 300% higher than the year ended 31 December […]

Airtel Networks Plc, TelecomNovember 23, 2021

COP26 – What Big Businesses like Airtel Should Consider
Airtel Annual Report (2020). Airtel Africa is a leading provider of telecommunications and mobile money services, with a presences in 14 countries in Africa. Airtel Africa offers an integrated suite of telecommunication solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The group aims […]

Airtel Networks Plc, TelecomNovember 2, 2021

Airtel Impact on the Economy in Zambia
Economic stability is essential in every country for sustainable development. It is for this reason that almost every country in the world engages in many activities and makes discoveries in order to develop economically. Airtel is one of the factors that contribute to the economic development in Zambia and it remains the largest mobile phone […]

Airtel Networks Plc, TelecomAugust 22, 2021

AIRTEL Zambia Issues Tax Obligation Statement
  The only LuSE listed mobile telecommunications company has issued a statement regarding recent social media allegations regarding its tax affairs. In a SENS Announcement aptly titled “STATEMENT ON AIRTEL TAX OBLIGATIONS WITH ZAMBIA REVENUE AUTHORITY”, Airtel Zambia Plc advised stakeholders to ignore the malicious statements that had gone viral. “We refer to the market […]

Airtel Networks Plc, TelecomMarch 12, 2021

Airtel Zambia Year End 2020 Performance Review
Airtel Networks Zambia Plc which is part of the Bharti Airtel group and is the largest mobile phone operator in Zambia, by revenue, with a customer base of more than 6.7 million as at 31 December 2020 has now reported its year end financial performance, according to a SENS announcement. Since commencing operations in December […]

Airtel Networks Plc, TelecomMarch 9, 2020

Airtel Zambia earnings slump by 75% for 2019 FY
AIRTEL Zambia Plc has reported a drop-in earnings by 75.73% for its 2019 financial year, according to published financial statements from the company. The company sent the first signal to the market through a SENS announcement that was published on 5th March 2020.  “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board […]

Airtel Networks Plc, TelecomOctober 6, 2019

Airtel Zambia grapples with “devaluation of Kwacha” at Half Year 2019
Airtel Zambia has advised shareholders that the main reason for profit after tax plummeting by 122.14% on a year on year basis was mainly because of the Kwacha’s devaluation during the period under review. The unaudited results published on SENS 30th September 2019 also showed that the company had increased its appetite for debt in […]

Airtel Networks Plc, TelecomSeptember 26, 2019

AIRTEL Zambia forecasts a loss and weaker EPS at half-year 2019
Zambia’s second-largest (by subscribers) mobile telecommunications company reports that it expects to record a loss when its half-year results for 2019 are published on 27th September 2019.   “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Airtel Networks Zambia Plc (“Airtel” or “the Company”) hereby advises the Shar

Airtel Networks Plc, Beverage, Zambian BreweriesJuly 28, 2019

Private Equity and Venture Capitalist Jito Kayumba Joins a Beverage Board
Renowned private equity and venture capitalist Jito Kayumba has been appointed as non-executive member of the Zambian Breweries board effective July 2019, according to the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambian Breweries PLC (“the Board”) wishes to announce the appointment of Mr Jito Kayumba as […]