News intelligence

Ethiopia, COMESA congratulate President Hichilema

President of the Federal Democratic Republic of Ethiopia, Taye Atske- Selassie, has congratulated President Hakainde Hichilema on his re – election as President of the Republic of Zambia. President Se

Zambeef Products reports rise in half-year revenue

Demo data: Zambeef Products (ZAMBEEF) released half-year results showing revenue growth driven by the retail division and export beef. Dividend and revenue figures shown are illustrative only. Refer to official LuSE announcements for verified Zambeef financials.

Bank of Zambia holds policy rate at 13.5% for May 2026

The Monetary Policy Committee kept the benchmark rate unchanged at 13.5%. The committee noted that inflation remains within the 6-8% target band and that liquidity conditions stayed tight but stable. The next MPC meeting is scheduled for July 2026.

ZRA reminds listed companies of June 30 WHT filing deadline

The Zambia Revenue Authority issued a reminder that all listed companies must file Withholding Tax returns for dividends and interest paid in Q1 2026 by 30 June. Penalties of 20% apply on late filings. Investors with queries on net dividend amounts should contact their broker.

Copperbelt Energy confirms 364-day offtake agreement with ZESCO

CEC signed a one-year power supply agreement with ZESCO covering 150 MW at a fixed tariff. The deal provides revenue certainty through Q2 2027 and removes short-term pricing risk. CEC's share price moved up 3% on the announcement before settling at a 1% gain.

Standard Chartered Bank Zambia declares interim dividend

Standard Chartered Bank Zambia (SCBL) announced an interim dividend payable to shareholders on record as of 20 May 2026. WHT at 15% will be deducted at source per ZRA rules. The amount per share shown here is demo data - refer to the official LuSE announcement for verified figures.

Airtel Networks Zambia adds 420,000 subscribers in Q1 2026

ATEL reported 420,000 net new subscribers in Q1 2026, bringing total subscribers to 8.3 million. Data revenue grew 31% year on year. Airtel Money transaction volumes rose 48%. Management guided for full-year EBITDA margin of 38-40%, up from 36% in 2025.

LuSE All Share Index gains 1.2% on strong banking sector turnover

The LuSE All Share Index closed at 8,412 points on Friday, up 1.2% for the week. Total turnover was ZMW 14.2 million, driven by Stanchart and Zanaco. Foreign investor participation was 22% of total turnover, up from 17% the previous week. Year-to-date the index is up 9.4%.