In the battle of opposites, in the second week of June 2022 trading on the Lusaka Stock Exchange. There was minimal trading activity in regards to the bond market as only two days recorded trades. The bond market recorded a 60% to 40% on the equities side, in comparison to this time last year the […]
In the second week of June 2022, eighteen company securities’ recorded trades of which Africa Explosives Plc was the highest priced security. In comparison to the second week of June 2021, we see nineteen companies’ recorded trades of which Shoprite Holdings was the highest priced. During the week Wednesdays’ equity trading was the best performing […]
Story of the Day In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of National Breweries Plc (“Natbrew” or “the Company”) hereby advises the Shareholders of the Company that the Loss Per Share for the year ended 31st March 2022 is expected to be 38% lower than the corresponding period […]
Story of the Day With His Excellency President Hakainde Hichilema’s drive for a New Dawn for Mining in Zambia, ZCCM-IH – which holds stakes in many of the country’s mining operations – appears to have entered a new and dynamic phase. Mining For Zambia met up with the company’s recently appointed Board Chair, Ms. Dolika Banda, at last month’s Mining […]
Kagem Mining Ltd has donated items worth over K200,000 to health facilities in the Lufwanyama District to support government efforts in the fight against the deadly coronavirus. The items, which included disinfectants, overalls, goggles and nasal prongs, were delivered to Lufwanyama District Hospital and the Provincial Health Office, with the latter awaiting distribution to various […]
Story of the Day ZCCM Investments Holdings Plc (ZCCM-IH and Zambia National Commercial Bank Plc (Zanaco) have signed a Memorandum of Understanding (MoU) aimed at fostering and providing growth opportunities that contribute to the participation of small and medium sized enterprises (SMEs) in the mining supply value chain in Zambia. Read more Local Business and […]
Story of the Day 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 […]
Story of the Day After years of struggle as a small-scale cattle farmer, Kelvin Puuka has hit the big time thanks to the support of the nation’s biggest agribusiness and food retailer Zambeef Products Plc. “Without Zambeef, I wouldn’t be where I am today,” said Mr Puuka. These few words speak volumes on the life-changing […]
Towards the end of May and beginning of June 2022 bond trading, there were three days that recorded trades, of which Wednesday was the best performing day of the week. Bonds of total face value of K198,015,000 were transacted in 17 trades, resulting in a market value sales of K142,795,470. Bonds are a low risk […]
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 […]
Economy
