Economy, OpinionNovember 15, 2022

Weekly Capital Market Report (31st October to 4th November 2022)
In the first week of November and close of October 2022, trading on the Lusaka Securities Exchange yet another mundane week. As yet again the bond market holds it’s glory by recording a 100% score. In comparison to week one of November 2021 we see the complete opposite as it was the equity market dominating […]

Economy, OpinionNovember 15, 2022

Weekly Stock Market Review (31st October to 4th November 2022)
In the final week of October and beginning of November 2022, there were thirteen companies that recorded trades of which AECI Mining Explosives was the highest priced company security. In comparison to week one of November 2021 with twenty two companies recording trades with Shoprite Holdings as the highest priced. Monday was the best performing […]

EconomyNovember 15, 2022

Madison Financial Services Group Executive Submits Concerns over Securities Bill no. 23 of 2022
There is an amendment bill for the Securities and Exchange Commission (Zambia) submitted to parliament through Marshal Muchende, Solicitor-General which is currently at first reading according to the National Assembly website. The objective of Bill is to amend the Securities Act, 2016 so as to (a) implement a risk based approach in the supervision and […]

EconomyNovember 15, 2022

GAMBLING AND FINTECH: TWO SIDES OF THE SAME COIN?
“Article has been republished with permission from Mondato Insight www.mondato.com“ 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

EconomyNovember 15, 2022

Daily FiZ – Tuesday 15/11
Story of the Day Oswald Magwenzi, Country Managing Director of Zambia Sugar Plc (An Illovo Sugar Africa Company) took part in the ongoing 2022 United Nations Climate Change Conference of the Parties of the UNFCCC (COP27) panel discussion of an overview of IFCs approach to Agriculture and Adaptation including services offered by the MAS Advisory […]

Economy, FinanceNovember 15, 2022

THE NEW RULES AND NORMS SHAPING ALTERNATIVE DATA 2.0
“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 […]

StrategyNovember 15, 2022

ZCCM-IH ; Announcement postponement of AGM
18TH ANNUAL GENERAL MEETING TO BE ADJOURNED TO 9TH DECEMBER 2022 The ZCCM-IH order of the board serves to inform the shareholders that the Company intends to postpone the 18th Annual General Meeting (“AGM”) that was initially scheduled to be held virtually and physically at Mulungushi International Conference Centre on Tuesday,15th November 2022 to Friday, […]

EconomyNovember 15, 2022

ZAMEFA – FULL YEAR TRADING STATEMENT AND ABRIDGED FINANCIALS 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 […]

Marketing, StrategyNovember 15, 2022

EMIRATES – NEWS RELEASE
Emirates showcases Zambian movies on ice. Customers can browse and pre-select movies from over 1,500 films for a local inflight experience Movie fans looking for a wider variety of entertainment aboard Emirates can now watch a choice of locally produced Zambian movies on its award-winning ice inflight entertainment system. Fans of musicals can immerse themselves in Damyna The […]

StrategyNovember 15, 2022

Wirepick Inc – Gatekeepers of Financial Services Messaging
Many people can relate to the euphoria and angst experienced when a credit or debit (respectively) SMS notification is received on their mobile device. However, many people do not know that the ability of their financial institution to keep them up to date with the activities on their accounts has been made possible through state-of-the-art […]