Economy, FinanceNovember 15, 2022

“Article has been republished with permission from Mondato Insight.” The first wave of alternative data use gave rise to powerhouse companies across key markets in the African continent, particularly in East and West Africa. Allowing previously excluded adults to access credit and participate in the formal economy for the first time, the insights gleaned from […]

EconomyNovember 15, 2022

In accordance with the Lusaka Securities Exchange (“LuSE”) Listing Requirements, the Board of Directors of Zamefa (the “Board”) wishes to advise the Shareholders that for the financial year ended 30th September 2022, the basic earnings per share (“EPS”) and headline earnings per share (“HEPS”) are both expected to be more than 100% lower than the prior year. The […]

Economy, OpinionNovember 14, 2022

 Weekly Bond Market Diary (24th to 28th October 2022)
Four weeks into October 2022 bond trading, there were four days that recorded trades during the week, of which Friday’s bond trading was the best performing day of the week. Bonds of total face value of K678,307,000 were transacted in 49 trades, resulting in a market value sales of K393,941,640.74. Bonds are a low-risk investment […]

Economy, OpinionNovember 14, 2022

Weekly Capital Market Report (24th to 28th October 2022)  
Four weeks into the month of October trading on the Lusaka Securities Exchange. Yet another week of the bond market dominating the equities market as it recorded a 100% score. In regards to the equities market Chilanga Cement Plc recorded the highest turnover throughout the week.   Equity Market In the week ended 28th October […]

Economy, OpinionNovember 14, 2022

Weekly Stock Market Review (24th to 28th October 2022)
In the fourth week of October 2022, there were thirteen companies that recorded trades of which AECI Mining Explosives was the highest priced. There were four days that recorded trades during the week of which Wednesday was the  best performing day of the week. Trading activity was recorded in AECI MINING EXPLOSIVES  , BATA, COPPERBELT […]

EconomyNovember 14, 2022

Daily FiZ – Monday 14/11
Story of the Day October 16 marked World Food Day, commemorating the founding of the United Nations Food and Agriculture Organization in 1945. Across the world, this day offers an opportunity for countries to assess their food security conditions and efforts to boost agricultural production. One of the measures that some often use to evaluate […]

EconomyNovember 12, 2022

Weekly round up of listed and quoted companies on LuSE in week 45
There were 4 Stock Exchange News Services (SENS) announcements in week 45 on the LuSE; 2 from Zambian Breweries (ZAMBREW); 1 from Metal Fabricators of Zambia (ZAMEFA) and 1 from Zambeef (ZAMBEEF). ZAMBREW;NEWS RELEASE ZB REMAINS COMMITTED TO CONTRIBUTING TO ZAMBIA’S SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT Zambia’s economy has made positive gains over the past year, and with […]

EconomyNovember 11, 2022

Daily FiZ – Friday 11/11
Story of the Day This year’s Fintech Summit in Cape Town South Africa had a number of panel discussions one of which focused on the human capital in the industry. Financial Insight Zambia sat down with the Head of People Operations at Nigerian Fintech Payhippo which specializes, among other services, in instant loans for African […]

Economy, Zambeef Products PlcNovember 10, 2022

Zambeef (AIM: ZAM), the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, is pleased to provide the following update on trading. The Group announces that for the year ended 30 September 2022 (all in USD), revenue, adjusted* EBITDA and reported profit before tax are expected to be in […]

EconomyNovember 10, 2022

Daily FiZ – Thursday 10/11
Story of the Day In the New Dawn, financial literacy has become more important than ever. Recently there has been an emergence of social media personalities who leverage their experience and expertise in the markets to simplify the movements across the markets. Mulenga Chanda is currently the Assistant Manager for Treasury at the Bank of […]