As the only hotel trading on the Lusaka Securities Exchange (LuSE), Taj Pamodzi hotel Board of Directors has, in a bid to ensure its shareholders are well up-to-date with the current and expected financial position of the hotel, published its trading statement.  The Trading Statement issued on 6th January 2021, was an act done in […]

The only listed hotel on the Lusaka Securities Exchange has posted a loss after tax of K4.4 million for the financial year ending March 2020, according to a published statement. “The total turnover decreased by 5 percent from ZMW83.0 million to ZMW78.7 million as compared to previous year”, read a statement published by the hotel’s […]

The Board of Pamodzi Hotel Plc has announced the appointment of a new Director following the demise of Board member and Chilubi Member of Parliament Rosario Fundanga. “In compliance with Section 3.59 of the Lusaka Securities Exchange Listing Rules (“LuSE Rules”), Pamodzi is pleased to announce the appointment of Mr. Dinesh Jha to its Board […]

Pamodzi Hotel plc has announced that there was a decline in room occupancy and fine dining at half-year 201, according to unaudited six-month financial results issued in a statement from the company. “The total revenue decreased by 3.3 percent from ZMW43.02 million to ZMW41.59 million over the same period”, read a statement issued by BDO, […]

Taj Pamodzi Hotel is an incredible 5-star hotel that is located in the center of Zambia’s capital Lusaka, within easy reach of popular attractions such as the Independence Stadium. This luxurious hotel combines top quality amenities with elegant design to provide guests with a welcoming atmosphere that ensures a comfortable and relaxing stay while at […]

It is unclear on whether or not annual reports are supposed to be glossy padded with long winding statements from Chairmen of the Board, Managing Directors and Chief Financial officers. When it comes to the Pamodzi Hotel Plc., their report comes as basic as they come. Needless to say, extracting the thought process of the […]

In compliance with the requirements of the Securities Act number 41 and the listing rules of the Lusaka Securities Exchange (LuSE) all listed companies are expected to publish their interim and full year performance results. Many of the players on LuSE often provide a summary of what they believe has been their performance over the […]