Economy, OpinionNovember 18, 2021

A Budgetary Review of the Transport and Logistics Sector 2021 to 2022
The transport and logistics sector has been highlighted as one of the key areas earmarked for growth under the UPND manifesto. The budget pronouncements made recently by the Minister of Finance Hon. Situmbeko Musokotwane, highlight a number of key areas of interest for the new administration. The first of which is traditional road infrastructure. In […]

EconomyNovember 17, 2021

Daily FiZ – Wednesday 17/11
Story of the Day: To support universal and affordable broadband access in Africa, IFC has partnered with Liquid Intelligent Technologies to expand data center capacity and the rollout of fiber-optic cable on the continent. Read more  Local Business and Finance Sponsored By Liquid Intelligent Technologies President Hakainde Hichilema says Zambia is not a landlocked country, […]

EconomyNovember 16, 2021

Daily FiZ – Tuesday 16/21
Story of the Day: On 15th October, 2021 the Minister of Energy, Mr. Kapala, appraised Members of Parliament on  ZESCO’s debt position. The minister announced that the national utility’s total debt was standing at $3.5billion. The country’s main electricity supplier has amassed debt due to costly payables due to emergency power supplier and Independent Power […]

EconomyNovember 15, 2021

Daily FiZ – Monday 15/11
Story of the Day: Formerly AEL, AECL Mining Explosives Plc is known for producing and supplying explosives in Zambia. Additionally, the company’s products and services in the form of manufacturing facilities and explosives are relevant to Central Africa. With a focus on surface and underground mining, where the explosives are used. Malawi, Tanzania and the […]

EconomyNovember 12, 2021

Daily FiZ – Friday 12/11
Story of the Day: Lusaka Securities and Exchange listed sugar processing company, Zambia Sugar Plc, has advised shareholders that has recorded a record performance for the financial year ended 2021. The Company recorded revenue for the year ended 31 August 2021 of K4.989 billion, an impressive 50% above the prior year. Read more  Local Business […]

EconomyNovember 11, 2021

Daily FiZ – Thursday 11/11
Story of the Day: Lafarge Cement, Zambia’s top ranking player in cement aggregates and concrete businesses recently published it’s Annual Report, in which the Company’s Chairman elaborated how Lafarge showcased it’s business resilience, innovation and commitment to delivering value for all stakeholders in a period characterized by unprecedented global challenges with the Covid-19 pande

EconomyNovember 10, 2021

Daily FiZ – Wednesday 10/11
Story of the Day: In their 2020-2026 strategic plan, ZCCM-IH has prioritized the generation of consistent and predictable income through investments in Brownfield and Greenfield projects and ensuring value is extracted from existing legacy and post legacy portfolio companies through driving and participation in primarily the mine supply value chain. Read more Local Business and […]

EconomyNovember 9, 2021

Daily FiZ – Tuesday 09/11
Story of the Day: Liquid Intelligent Technologies is one of Africa’s leading connectivity companies, spanning across 20 countries in Eastern, Western, Central and Southern Africa. It serves mobile operators, carriers, enterprise, media and content companies and retail customers with high-speed, reliable connectivity, hosting and co-location and digital services. Read more  Local Business and Fi

Economy, OpinionNovember 8, 2021

Weekly Bond Market Diary (1st to 5th November 2021)
In the first week into the month of November 2021 bond trading, yet another week of were no bonds being traded. 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 1st There were no bonds traded […]

Economy, OpinionNovember 8, 2021

Weekly Capital Market Review (1st to 5th November 2021)  
In the first week in the month of November 2021, the equities market completely dominated the bond market as there were no trades on the bond market. In comparison to the first week of November 2021 which recorded 1% on the equities market and 99% on the bond market which was the complete opposite.   […]