Corporate News

144A6052 1024x683 1

Izwe’s 23.5% Bond Emerges as Top Performer as Investors Seek High Yield Opportunities

Leave a Comment / Corporate News, Stock & Currencies /

Zambia’s corporate bond market has seen a clear standout in recent months, with Izwe Loans’ MTN 22A bond, offering a 23.5% annual coupon, emerging as the best-performing corporate bond currently on the market. The three year instrument, issued in July 2024 and maturing in 2027, has outpaced similar medium-term notes from financial institutions and energy

Izwe’s 23.5% Bond Emerges as Top Performer as Investors Seek High Yield Opportunities Read More »

Workers 1024x683

Zambia’s Forex Market Steady as ACCESS, ZICB, First Capital and UBA Lead Yesterday’s Best Retail Rates

Leave a Comment / Corporate News, Stock & Currencies /

LUSAKA, 27 November 2025 – Zambia’s retail foreign exchange market remained stable yesterday, with only marginal differences across bank rates, according to a day-end comparison of the best USD/ZMW quotations offered to customers. ACCESS Bank Zambia and Zambia Industrial & Commercial Bank (ZICB) emerged as the most competitive institutions for customers buying US dollars, both

Zambia’s Forex Market Steady as ACCESS, ZICB, First Capital and UBA Lead Yesterday’s Best Retail Rates Read More »

590786247 1253331566827629 3424018383556948415 N 1024x682

ZICB Pays First-Ever K9 Million Dividend

Leave a Comment / Corporate News, FinTech /

Zambia Industrial Commercial Bank Delivers First Dividend Payout, Signals Rising Strength of Local Banking Sector The Zambia Industrial Commercial Bank (ZICB) has declared and paid out its first-ever dividends, totaling K9 million, marking a major milestone for the fully Zambian-owned bank. The payout was officially handed over to shareholders during a media breakfast held today

ZICB Pays First-Ever K9 Million Dividend Read More »

1663137668800 1024x1024

Chilanga Cement, SCBL Dominate LuSE Trading

Leave a Comment / Corporate News, Markets, Stock & Currencies /

LuSE Market Update: High-Volume Trades Lift SCBL as Chilanga Cement Leads Gainers Trading activity on the Lusaka Securities Exchange (LuSE) strengthened in today’s session, with several counters posting notable performances in volume, value, and price movements. While most securities traded flat, a few stood out as clear market movers. Top Performer (Price Gain): Chilanga Cement

Chilanga Cement, SCBL Dominate LuSE Trading Read More »

342185017 246179274637837 2000355302017606823 N 1024x1024

Financial Expert Memory B. Simwaba Breaks Down Standard Chartered Bank Zambia’s Proposed Bonus Share Issue

Leave a Comment / Corporate News, Expert Opinion /

Renowned financial literacy coach and chartered accountant Memory B. Simwaba has released an insightful breakdown of Standard Chartered Bank Zambia’s proposed bonus share issuance, offering shareholders and the public a clear understanding of what the move means ahead of the bank’s Extraordinary General Meeting (EGM) set for 17 December 2025. Standard Chartered Bank Zambia has

Financial Expert Memory B. Simwaba Breaks Down Standard Chartered Bank Zambia’s Proposed Bonus Share Issue Read More »

587358271 122112424305052097 4669366240973716391 N 1024x682

Dot Com Zambia CEO to Share “Road to IPO” Story as Company Appoints New CFOO

Leave a Comment / Corporate News, SMEs & Startups /

Lusaka, Zambia – Dot Com Zambia PLC is entering a new phase of its corporate journey as it prepares for a future Initial Public Offering (IPO), with CEO Mr. Mawano Kambeu set to take the stage to share “The Dot Com Zambia Story and The Road to IPO.” Mr. Kambeu, known for pioneering one of

Dot Com Zambia CEO to Share “Road to IPO” Story as Company Appoints New CFOO Read More »

517062873 1180918207403534 4337037582895368877 N 1024x682

Standard Chartered Bank Zambia Announces Bonus Share Issue to Boost Capital Compliance

Leave a Comment / Corporate News, Stock & Currencies /

Lusaka, Zambia – Standard Chartered Bank Zambia PLC has announced a significant bonus share issue aimed at strengthening its capital base in line with the Bank of Zambia’s minimum paid-up share capital requirements. In a statement released today, the bank said it plans to increase its minimum paid-up share capital from ZMW 416,745,250 to ZMW

Standard Chartered Bank Zambia Announces Bonus Share Issue to Boost Capital Compliance Read More »

586303987 1137310065256914 8248696705350123674 N 1024x683

Trade Kings Foundation Constructs New Classrooms at Chikuwe Primary School in Kasenengwa

Leave a Comment / Corporate News /

Kasenengwa – Trade Kings Foundation has officially handed over a new classroom block to Chikuwe Primary School in Kasenengwa, a development aimed at improving learning facilities and increasing school retention, particularly for the girl child. The 3-by-1 classroom block was handed over in a ceremony witnessed by Bridget Kambobe, Group Public Relations Manager for Trade

Trade Kings Foundation Constructs New Classrooms at Chikuwe Primary School in Kasenengwa Read More »

587358251 1329574822546153 5530705629041306842 N 1024x682

onkola Copper Mines Shows Strong Support for Aguila Stars FC and Women’s Football

Leave a Comment / Corporate News /

Lusaka – Konkola Copper Mines (KCM) demonstrated its ongoing commitment to sports development in Zambia yesterday, with Acting CEO Malcolm Mewett leading a delegation to Woodlands Stadium to cheer on Aguila Stars FC, a Division One football team sponsored by KCM under its corporate social responsibility (CSR) initiatives. The visit highlighted KCM’s dedication to nurturing

onkola Copper Mines Shows Strong Support for Aguila Stars FC and Women’s Football Read More »

587365611 1273047331524413 7971773132656274546 N 1024x730

NAPSA Wins Top ZRA Award for Highest Contributor in Pensions and Insurance

Leave a Comment / Corporate News /

Lusaka — The National Pension Scheme Authority (NAPSA) has been honoured as the Highest Contributor – Pensions and Insurance at the Zambia Revenue Authority (ZRA) Taxpayer Appreciation Day held on 21 November 2025, underscoring the institution’s growing impact on national revenue mobilization and social security strengthening. The award recognizes NAPSA’s consistent compliance, transparency, and substantial

NAPSA Wins Top ZRA Award for Highest Contributor in Pensions and Insurance Read More »