EconomyJune 9, 2022

Daily FiZ – Thursday 09/06
Story of the Day After years of struggle as a small-scale cattle farmer, Kelvin Puuka has hit the big time thanks to the support of the nation’s biggest agribusiness and food retailer Zambeef Products Plc. “Without Zambeef, I wouldn’t be where I am today,” said Mr Puuka. These few words speak volumes on the life-changing […]

Economy, OpinionJune 8, 2022

Weekly Bond Market Diary (30th May to 3rd June 2022)
Towards the end of May and beginning of June  2022 bond trading, there were three days that recorded trades, of which Wednesday was the best performing day of the week. Bonds of total face value of K198,015,000 were transacted in 17 trades, resulting in a market value sales of K142,795,470. Bonds are a low risk […]

Economy, OpinionJune 8, 2022

Weekly Capital Market Report (31st May to 3rd June 2022)  
In the final week of May and beginning of June bond trading on the Lusaka stock exchange. We had  a combined week of trading of which the bond market held it’s glory as it dominated the equities market. In regards to the equities market, Zanaco Plc recorded the highest turnover. In both regards the bond […]

Economy, OpinionJune 8, 2022

Weekly Stock Market Review (31st May to 3rd June 2022)
In a combined week of the end of May and beginning of June 2022, seven company securities recorded trades. Of which Fridays’ equities trading were the best performing of the week. Zambia Consolidated Copper Mines was the highest priced security. Trading activity was recorded in AFRICA EXPLOSIVES CORPORATION LIMITED, AIRTEL, BATA, BRITISH AMERICAN TOBACCO ZAMBIA, […]

EconomyJune 8, 2022

Daily FiZ – Wednesday 06/08
Story of the Day Despite being in default on its external debt portfolio, Zambia’s macroeconomic environment has improved notably in recent months. Among key macroeconomic fundamentals that have evolved favorably is the country’s consumer price inflation which, although being above target of 6-8% for more than 3 year, has decelerated significantly. This positive development has […]

EconomyJune 7, 2022

Daily FiZ – Tuesday 07/06
Story of the Day In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Zambeef Products Plc (the “Company”) hereby advises the Shareholders of the Company that the Total Basic Earnings per Share (EPS) for the half year financial period ended 31 March 2022 is expected to be 172% higher […]

EconomyJune 6, 2022

Daily FiZ – Monday 06/06
Story of the Day Food safety is of the highest importance when it comes to ensuring that consumers are protected against food-borne illnesses and common allergens. It is against this backdrop that Zambeef Products, the nation’s largest integrated cold chain food products and agribusiness, has been awarded ISO 22000 Food Safety Management System Certification for […]

EconomyJune 3, 2022

Daily FiZ – Friday 03/06
Story of the Day Earlier this month First Quantum Minerals (FQM) announced a mammoth US$1.35 billion package of new projects, with US$1.25 billion to be invested in expansion of our Kansanshi operations in Solwezi – known as the ‘S3’ project – and a final US$100 million to start the $250 million Enterprise nickel project in […]

EconomyJune 2, 2022

Daily FiZ – Thursday 02/06
Story of the Day Pursuant to Section 3.59 of the Listing Requirements the Board of Directors of Zanaco Plc (“the Board”) wishes to announce the appointment of Professor Oliver Saasa as director of the board effective 18th May 2022. Prof. Oliver Saasa is Professor of International Economic Relations and Managing Consultant/Proprietor of Premier Consult Limited […]

Economy, OpinionJune 1, 2022

Weekly Bond Market Diary (23rd to 27th May 2022)
Four weeks into May 2022 bond trading, there were no bonds traded during the week. Bonds are a low risk investment issued when the government borrows money from its people. You can purchase bonds using the Lusaka Securities Exchange Application online.   Monday 23rd There were no bonds traded today. Tuesday 24th There were no […]