Soon after the Budget Speech, when some Patriotic Front parliamentarians pointed out that the numbers in the 2022 Budget Speech were not balancing, I thought they were merely politicking. This is because the format of the Budget Speech presented by the Minister of Finance and National Planning was no different from that presented by his […]
Based on the remarks of the Minister of Finance, Dr. Situmbeko Musokotwane and as is recorded on the Ministry of Finance (MoF) website, it is clear that excessive borrowing is one of the contributors of inflation. In one of his ministerial statements he stated: “Let me elaborate on one of the effects of excessive borrowing, […]
Story of the Day: As the Government is in talks with the International Monetary Fund (IMF) to get a bailout package, it is a no-brainer that instituting fiscal reforms is part of the discussion. What immediately comes to mind are fuel subsidies, which have long been a major source of fiscal imbalances. Read more Local […]
Four weeks into the month of November, 2021 bond trading, only one day during the week recorded trades. Two weeks have consecutively recorded trades on the Bond market this month. Week three of November 2021 has been the best performing week of the month thus far. Bonds are a low risk investment issued when the […]
In the fourth week of November, as we come towards the close of the month we see more trading activity on the bond market as two consecutive weeks have recorded trades. Although this is progressive for the bond market, it was dominated by the equities market which recorded a score of 97% to 3% on […]
In the fourth week of November 2021 trading on the Lusaka Stock Exchange, fourteen companies’ securities recorded trades with Zambia Consolidated Copper Mines as the highest priced Security in comparison to the fourth week of November 2020 which recorded eight companies with Africa Explosives Limited as the highest priced Security. Tuesdays’ equities trading was the […]
Story of the Day: Further to the cautionary announcements dated 25 November 2020 and 23 June 2021, the Board of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company” or “the Board”) hereby wishes to inform shareholders and the market that arbitration proceedings against ZCCM-IH and Kansanshi Mining Plc (“KMP”) by Kansanshi Holdings Limited (“KHL”) are […]
In the third week into the month of November 2021 bond trading, only one day during the week recorded trades. This is the first week throughout the month of November to have recorded trading. The bond market record a 72% to 28% on the equities side. Bonds are a low risk investment issued when the […]
Three weeks into the month of November on the Lusaka Stock Exchange we see the equities market record a score of 28% to 72% on the bond market. In the last few weeks we see the bond market start to pick up and record trades, although it might not be a full week of trades […]
In the third week of November 2021 trading on the Lusaka Stock Exchange, Seventeen companies’ securities recorded trades with Shoprite Holdings as the highest priced security in comparison to week three of November 2020 which only recorded eight companies with Zambia Consolidated Copper Mines as the highest priced security. Fridays’ equities trading was the best […]
Economy
