Story of the Day WELCOME REMARKS BY THE SOCIETY PRESIDENT MR. DUNCAN B. MFULA DURING THE OPENING OF 2022 ACSZ MEDIA TRAINING ON FRIDAY, JUNE 17, 2022, AT MEMBERS PAVILION, SHOW GROUNDS, LUSAKA. It gives me great pleasure to welcome you all to the 2022 edition of the agricultural and commercial cooperative society of Zambia […]
In the third week of June 2022 bond trading, there were three days that recorded trades, of which Tuesdays’ bond trading was the best performing day of the week. Bonds of total face value of K107,375,000 were transacted in 14 trades, resulting in a market value sales of K72,046,920.Bonds are a low risk investment issued […]
In the battle of opposites the bond market held its glory as it recorded a 99% score to 1% on the equities side. In comparison to week three of June 2021, we see the complete opposite as it was the equities market that completely dominated the capital market. Equity Market In the week ended […]
In the third week of third week of June 2022, trading on the Lusaka Stock Exchange. Fifteen company securities recorded trades of which Investrust Limited was the highest priced. In comparison to week three of June 2021, we see twenty securities recording trades of which Zambia Consolidated Copper Mines was the highest priced. Thursdays’ equity […]
Story of the Day FNB Zambia releases monthly reports which illuminate key factors affecting players within the agriculture sector. The report monitors the price movements of three key commodities: maize (+45%) , soya (+59%) and wheat (+29%). Over the course of the last year there have been significant price increases to commodities as a result […]
Africa GreenCo (GreenCo) is delighted to announce the procurement of up to 80MW of additional renewable energy capacity in Zambia to complete the establishment of its phase I generation portfolio. In this second round of procurement, GreenCo will employ a direct procurement approach by which it will engage with developers on a bilateral basis. This […]
Story of the Day On 10th June, 2022, Pamodzi Hotels PLC announced the audited financial results for the year ended March 2022. The total turnover for the year is ZMW 54.43 million compared to previous year turnover of ZMW 15.38 million. EBITDA for the year is ZMW (3.03) million compared to previous year of ZMW […]
FQM Trident Limited, a subsidiary of First Quantum Minerals, has signed a collective bargaining agreement with four unions: the National Union of Miners and Allied Workers (NUMAW), Mine Workers Union of Zambia (MUZ), United Mine Workers Union of Zambia (UMUZ) and Miners and Allied Workers Union (MAWU). As part of the agreement, basic salaries for […]
Story of the Day The following is an extract from the “Acquisition of 90% Shareholding in Mopani Circular” available on the ZCCM IH investor pages that explains how the investment house structured the $1.5 billion remaining Debt in Mopani from the GIAG Facility and Carlisa Facility. Sections 8.6 and 8.7 reads: On completion of the […]
Story of the Day Pamodzi Hotels Plc, expects Earnings Per Share to be 48% higher for the financial year ended March 2022, according to the statement published on 9th June, 2022. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Pamodzi Hotels Plc (“the Company”) hereby advises the Shareholders […]
Economy
