News

Madison Financial Services to list on the LuSE

One of Zambia’s most successful companies, Madison Financial Services PLC has announced the Listing of 40% of its shares amounting to 20 million on the Lusaka  Stock Exchange  through an initial public. The IPO which is an offer for sale by existing shareholders will close on 1st August 2014. Madison Financial Services PLC is a subsidiary…

Suarez mars Uruguay win, Greece win

Uruguay forward Luis Suarez faces a lengthy ban after Italy defender Giorgio Chiellini accused him of biting during the South Americans’ 1-0 Group D victory on Tuesday, overshadowing a day of emotional extremes at the World Cup. Tears of joy ran down the face of Colombia reserve keeper Faryd Mondragon…

Maize floor price Goes up

Agriculture Minister Wilbur Simuusa has announced the long awaited maize floor price for the 2014/2015 maize marketing season which has been pegged at K70.00 for a 50 kg bag. Mr. Simuusa announced in a ministerial statement in Parliament this morning that the Food Reserve Agency will commence buying maize from farmers on…

THE KWACHA

Zambia’s kwacha outperformed the U.S Dollar and other major convertibles on Tuesday in line with expectations. The local unit is likely to continue with its strong campaign in the near term as the market continues to be chocked of Kwacha liquidity coupled with some corporate conversions as we head towards…

But the wisdom that comes from heaven is first of all pure; then peace-loving, considerate, submissive, full of mercy and good fruit, impartial and sincere.