EconomyJune 28, 2022

Daily FiZ – Tuesday 28/06
Story of the Day Farmers supplying Zambian Breweries with the cassava for its affordable Eagle lager have kicked off the 2022 cassava harvest season in Luapula. Embracing the company’s visions of ‘a future with more cheers’, the farmers are a crucial part of Zambian Breweries’ policy of local sourcing and value addition. Read more Local […]

EconomyJune 27, 2022

Daily FiZ – Monday 27/06
Story of the Day “The Board of Directors of CEC Africa Investments Limited (the “Board”) wishes to inform the Company’s shareholders and the public that Mr. Peter Siaw Chock Chiong has resigned from being the director of the Board with effect from 31st May 2022 and has been replaced by Mrs. Brinda Murugan,” announced the […]

EconomyJune 26, 2022

Weekly Round up of Listed and Quoted Companies on LuSE Week 25
There were 3 Stock Exchange News Services (SENS) announcements in week 25 on the LuSE from Copperbelt Energy Corporation(CEC), Zambia Forestry and Forest Industries Corporation (ZAFICCO), and CEC Africa Investments Limited (CECA). CEC: MARKET ANNOUNCEMENT CEC AND ZESCO SIGN NEW BSA In accordance with section 3.4(a) of the Lusaka Securities Exchange Listings Requirements (“LuSE Listings […

EconomyJune 24, 2022

Daily FiZ – Friday 24/06
Story of the Day Kagem Mining Ltd has donated items worth over K200,000 to health facilities in the Lufwanyama District to support government efforts in the fight against the deadly coronavirus. The items, which included disinfectants, overalls, goggles and nasal prongs, were delivered to Lufwanyama District Hospital and the Provincial Health Office, with the latter […]

EconomyJune 23, 2022

Daily FiZ – Thursday 23/06
Story of the Day Shareholders are referred to the cautionary announcement dated 15 December 2021 issued by the CEC Africa Investments Limited (“CECA” or the “Company”) informing the market of the developments in Nigeria in relation to Abuja Electricity Distribution Plc (“AEDC”). Shareholders are aware that in December 2021 the Bureau of Public Enterprise (“BPE”) […]

EconomyJune 22, 2022

Daily FiZ – Wednesday 22/06
Story of the Day WELCOME REMARKS BY THE SOCIETY PRESIDENT MR. DUNCAN B. MFULA DURING THE OPENING OF 2022 ACSZ MEDIA TRAINING ON FRIDAY, JUNE 17, 2022, AT MEMBERS PAVILION, SHOW GROUNDS, LUSAKA. It gives me great pleasure to welcome you all to the 2022 edition of the agricultural and commercial cooperative society of Zambia […]

Economy, OpinionJune 21, 2022

Weekly Bond Market Diary (13th to 17th June 2022)
In the third week of June 2022 bond trading, there were three days that recorded trades, of which Tuesdays’ bond trading was the best performing day of the week. Bonds of total face value of K107,375,000 were transacted in 14 trades, resulting in a market value sales of K72,046,920.Bonds are a low risk investment issued […]

Economy, OpinionJune 21, 2022

Weekly Capital Market Report (13th to 17th June 2022)  
In the battle of opposites the bond market held its glory as it recorded a 99% score to 1% on the equities side. In comparison to week three of June 2021, we see the complete opposite as it was the equities market that completely dominated the capital market.   Equity Market In the week ended […]

Economy, OpinionJune 21, 2022

Weekly Stock Market Review (13th to 17th June 2022)
In the third week of third week of June 2022, trading on the Lusaka Stock Exchange. Fifteen company securities recorded trades of which Investrust Limited was the highest priced. In comparison to week three of June 2021, we see twenty securities recording trades of which Zambia Consolidated Copper Mines was the highest priced. Thursdays’ equity […]

EconomyJune 21, 2022

Daily FiZ – Tuesday 21/06
Story of the Day FNB Zambia releases monthly reports which illuminate key factors affecting players within the agriculture sector. The report monitors the price movements of three key commodities: maize (+45%) , soya (+59%) and wheat (+29%). Over the course of the last year there have been significant price increases to commodities as a result […]