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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
The only listed tree processing company on the Lusaka Securities and Exchange has announced at 12 Million Kwacha Dividend to be paid to its investors, according to a published statement from ZAFFICO. “At the 20th Annual General Meeting (“AGM”) held virtually on the 24 th of May 2022, a Final Dividend of ZMW 12million at […]
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 […]
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 […]
Four weeks into the month of May, trading on the Lusaka Stock Exchange. There was no trades recorded on the bond market, quite a mundane week leaving the equities market to completely dominate the capital market. In regards to the equities market Zanaco Plc recorded the highest turnover throughout the week. Equity Market In the […]
Economy
