Zambian Revenue Authority Launches E-Payment System
On Wednesday August 27th 2014, the Zambia Revenue Authority (ZRA), together with the Finance Bank of Zambia Limited (FBZ), launched its first e-payment system for…
Zambia Finance
Atlas Mara To Invest USD 100 Million In Zambia
Atlas Mara Co-Nvest Limited (Atlas Mara), a financial services holding company with a strong focus on the African continent has announced on August 26th 2014…
Lusaka Stock Exchange Weekly Report, August 22nd 2014
According to the Lusaka Stock Exchange (LUSE) Weekly Stock News Report for the week ended Friday August 22nd 2014, the LUSE total turnover was ZMW…
Atlas Mara Financial Group Acquires Zambian Bank BancABC
Atlas Mara Co-Nvest Limited (Atlas Mara), a financial services holdings company, announced on August 21st 2014 the closing of its acquisitions of Pan-African companies ADC…
USD 1 Million Deal Improves Access To Zambia Mobile Financial Services
The World Bank’s International Finance Corporation (IFC) and Airtel Zambia have announced a USD 1 million agreement that seeks to increase access to Zambia’s mobile…
Zambia Industrial Development Corporation To List State-Owned Companies
According to a recent Bloomberg report, in an effort to increase investments in the country and promote economic growth, the recently established Zambia Industrial Development…
Zambia Mobile Banking Projects 62% Growth
Zambia First National Bank (FNB) has forecast a potential 62% growth of the Zambia mobile banking space in 2014 as a result of the combination…
Zambian Bank Introduces First Kwacha Credit Card
Barclays Bank Zambia has launched the country’s first Kwacha denominated credit card in a move to position itself as a leader in the Zambia financial…
Lusaka Stock Exchange List New Company
Madison Financial Services PLC has announced the listing of 40% of its shares on the Lusaka Stock Exchange (LuSE) through an Initial Public Offering (IPO)…
Zambia Banking Sector Report
There currently are 19 fully-fledge commercial banks in Zambia, according to the latest data from the Bank of Zambia (BOZ). Non-banking financial institutions at the end…