Economy, OpinionJuly 2, 2022

Weekly Stock Market Review (27th June to 1st July 2022)
Towards the end of June and  beginning of July 2022, there were fourteen company securities that recorded trades of which  Africa Explosives Limited was the highest priced security. Tuesday was the best performing day of the week. Trading activity was recorded in AFRICA EXPLOSIVES CORPORATION LIMITED, AIRTEL, BATA, COPPERBELT ENERGY CORPORATION, CHILANGA CEMENT, MADISON FINANCIAL […]

EconomyJuly 1, 2022

Weekly round-up of Listed and Quoted Companies on LuSE Week 26
There were 5 Stock Exchange News Services (SENS) announcements in week 26 on the LuSE from Zambian Breweries Plc (ZAMBREW), First Quantum Minerals Ltd. (First Quantum), Zambeef Products Plc (Zambeef), Real Estate Investments Zambia Plc (REIZ) and Puma Energy Zambia Plc (Puma). ZAMBREW: MARKET ANNOUNCEMENT ZAMBIAN BREWERIES PLC TO INVEST US$80 MILLION IN ZAMBIA Zambian […]

Economy, OpinionJuly 1, 2022

Weekly Bond Market Diary (20th to 24th June 2022)
In the Fourth week of June 2022 bond trading, there was only  one day that recorded trades during the week. Bonds of total face value of K281,270,000 were transacted in 14 trades, resulting in a market value sales of K178,028,070.Bonds are a low risk investment issued when the government borrows money from its people. You […]

Economy, OpinionJuly 1, 2022

Weekly Capital Market Report (20th to 24th June 2022)  
In the battle of opposites in the fourth week of June trading on the Capital market. We see an almost half score as the bond market recorded a 51% score to 49% on the equities side. In comparison to week four of June 2021, we see the bond market record an 87% score to 13%. […]

Economy, OpinionJuly 1, 2022

Weekly Stock Market Review (20th to 24th June 2022)
In the Fourth week of June 2022, trading on the Lusaka Stock Exchange. Thirteen companies securities recorded trades of which Zambia Sugar Plc was the highest priced. In comparison to week four of June 2021, we see twenty company securities’ record trades of which Shoprite Holdings was the highest priced. Monday’s equities trading was the […]

StrategyJune 30, 2022

SATURNIA REGNA TO BUILD UNZA STUDENT COMPLEX
Saturnia Regna Pension Fund has embarked on a project to construct a modern 100-room hostel to provide affordable accommodation to University of Zambia (UNZA) students. The investment will provide alternative accommodation to students after the fund recognised a shortage of bed spaces at the university. “It is a fitting irony that funds grown for existing […]

OpinionJune 30, 2022

Data as an Asset and the dangers of neglecting it
By Bob William Nkonjela (ICT Consultant – KPMG). The views expressed in this article are his own and not necessarily those of KPMG. Introduction As an information systems auditor, I have had the privilege of working with multiple organisations both domiciled within the country and some offshore. I have inspected multiple systems that range from […]

EconomyJune 30, 2022

Daily FiZ – Thursday 30/06
Story of the Day ZCCM Investments Holding Plc has engaged a globally renowned investment bank, Rothschild & Co., to assist with the strategic review of Mopani Copper Mines Plc, the company announced on 15th June, 2022 through a statement issued by the Corporate Affairs Manager, Loisa Mbatha. This engagement follows a competitive procurement process in […]

StrategyJune 29, 2022

FIRST QUANTUM PROVIDES NOTICE OF SECOND QUARTER 2022 RESULTS
First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) will release second quarter 2022 financial and operating results on Tuesday, July 26, 2022 after the close of the Toronto Stock Exchange. The Company will host a conference call and webcast to discuss the results on Wednesday, July 27, 2022 at 9:00 am (EDT). […]

EconomyJune 29, 2022

Daily FiZ – Wednesday 29/06
Story of the Day On 14th June, 2022, Atlas Mara announced the audited results of the Group for the period ended 31 December 2021 in which it posted over 400% increase in profits of ZMW 352.22 million compared to a profit of ZMW70.1 million in the previous year, according to the statement published by Sandra […]