The Zambian Kwacha maintained a narrow trading band against the US dollar on Wednesday, with movements on the Bank of Zambia (BoZ) official exchange rate showing minimal intraday volatility. The currency’s stability reflects relatively balanced market activity, with no major demand or supply shocks recorded during the session. According to BoZ data, the Kwacha opened…
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…
Lusaka – The Lusaka Stock Exchange All Share Index (LASI), excluding ZCCM-IH, recorded a downward performance last week, falling 1.86% week-on-week to close at 25,238.08 points, as several counters faced muted demand. According to market data, total turnover for the week amounted to ZMW 11.61 million (USD 503,937), with 1.03 million shares traded across the…
LUSAKA, Monday — Zambia’s equities market recorded a mixed performance today, with several heavily traded counters posting losses while overall turnover rose on increased investor participation across industrial, telecom, and financial stocks. Zambian Breweries–linked counters and energy-linked stocks showed resilience, while notable declines in CEC Africa (CECZ) and British American Tobacco Zambia (BATZ) weighed on…
LUSAKA, Monday, November 24, 2025 — The Zambian kwacha held broadly stable against the US dollar on Friday, supported by tight liquidity conditions on the interbank market and moderated corporate demand, according to market data from commercial banks. Data from November 21 trading sessions showed the kwacha traded within a narrow band, with most banks…
