Three weeks into the month of November 2022 trading on the Lusaka Securities Exchange. The Bond market recorded a 100% score to 0% on the equity market. In comparison to week three of November 2021 we see the bond market record a 72% to 28% on the equity market. In regard to the equity market […]
In the third week of November 2022, there were eleven company securities that recorded trades of which AECI Mining Explosives was the highest priced. In comparison to the third week of November 2021, we see seventeen companies record trades with Shoprite Holdings as the highest priced. Friday’s equity trading was the best performing day of […]
Story of the Day: Absa Bank Zambia PLC announced the conclusion and signing of the full 2023/2024 Collective Bargaining Agreement between the Bank, Zambia Union of Financial Institution and Allied Workers – ZUFIAW and Bankers’ Union of Zambia – BUZ. The Bank has offered K2,600 salary increments across the board for all unionized employees effective 1 April, 2023. On […]
ZAMBIAN BREWERIES BACKS CHILD ROAD SAFETY CAMPAIGN Brewer partners with the Zambia Road Safety Trust and Road Traffic and Safety Agency to install safety infrastructure at schools Zambian Breweries has joined hands with the Road Transport and Safety Agency and the Zambia Road Safety Trust to promote road safety among schoolchildren at primary schools in […]
Two weeks into November 2022 bond trading, there were four days that recorded trades during the week of which Monday’s bond trading was the best performing day of the week. Bonds of total face value of K705,601,000 were transacted in 55 trades, resulting in a market value sales of K476,086,570. Bonds are a low-risk investment […]
Two weeks into the month of November trading on the Lusaka Securities Exchange. History repeats itself as the bond market dominates the capital markets by recording a 99% score to 1% on the equity market. In comparison to this time last year we see the complete opposite as it was the equity market that held […]
In the second week of November 2022 there were twelve company securities that recorded trades of which AECI mining Explosives was the highest priced. In comparison to week two of November 2021 we see seventeen companies record trades with ZCCM Investment Holdings as the highest priced. Wednesday’s equity trading was the best performance of the […]
Story of the Day Last week Madison Financial Services (MFS) Plc Group Executive Chairman Dr Lawrence Samva Sikutwa Sikutwa made a submission to the parliamentary committee scrutinizing the Bill. In his submission he stated that MFS had not participated in any consultative process on the Bill which was an omission. In his submission, he believes […]
Story of the Day Similar to cannabis, the growing legal acceptance of gambling in the United States and elsewhere is ushering a nascent class of digital technologies to support the burgeoning industry and address the regulatory complications involved. Yet what is underway doesn’t merely reflect another application of the typical tools in the fintech shed — […]
There were 6 Stock Exchange News Services (SENS) announcements in week 46 on the LuSE; 1 from Metal Fabricators of Zambia (ZAMEFA); 2 from ZCCM Investment Holdings(ZCCM-IH) ; 2 from National Breweries (NATBREW) and 1 from Copperbelt Energy (CEC). ZAMEFA;FULL YEAR TRADING STATEMENT In accordance with the Lusaka Securities Exchange (“LuSE”) Listing Requirements, the Board […]
Economy
