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Zambia Market News
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[2008-08-01]  Lafarge ignites new kiln
Lafarge Cement Zambia Plc has ignited their new Chilanga kiln plant marking the first stage in the landmark for the company’s operations. On July 29, 2008, Lafarge Cement Zambia celebrated the ignition of the new Chilanga kiln. According to a statement issued by Lafarge South East Africa, corporate affairs and communications manager, Eugene Chungu, switching on the plant marked the first stage operationalisation of the new plant. Mr. Chungu said the next stage would involve production of clinker, the raw material for cement production, which will start tomorrow, August 2, 2008. He said the kiln was ignited in the afternoon amid celebrations from Lafarge technical centre staff from Lyon and Paris, in France, local Lafarge staff and CBMI staff who are the Chinese suppliers. “The development will see the country having more supply of cement which will eventually help push down the retail prices,’’ he said. Mr. Chungu said the project recorded major safety achievement of zero fatalities and two minor lost time injuries having been recorded in the construction phase. “It is our humble prayer that we maintain this achievement. We congratulate the entire Lafarge, CBMI and other suppliers and partners that have worked tireless to see this day come to pass and wish them success for the future,’’ he said. When the new plant under construction is fully commissioned, cement production on the market was expected to double and help reduce prices, which were high due to high demand.
Source: Daily Mial



[2008-08-21]   Access Bank to spend $26m on expansion
[2008-08-14]   Zambian Breweries imports bottles
[2008-08-11]   LuSE makes application for third tier with SEC.
[2008-08-08]   Zambeef to buy Nanga Farms
[2008-08-01]   Lafarge ignites new kiln
[2008-08-01]   Lafarge ignites new kiln
[2008-07-30]   African Eagle eyes LuSE
[2008-07-23]   Short dollar supply affects Kwacha
[2008-07-22]   Lafarge to create 3,000 jobs
[2008-07-14]   LuSe index drops as 7 listed companies suffer losses
[2008-07-09]   Celtel shares top LuSE
[2008-07-04]   ZNCB, Dutch bank in $35m deal
[2008-07-04]   NOTICE OF DIVIDEND
[2008-07-01]   LuSE records increase in both total turnover, trade
[2008-06-20]   Zambeef to buy Nanga Farms
[2008-06-17]   LuSE share index up
[2008-06-17]   ZSE Market Capitalisation Reaches US$2,03 Billion
[2008-06-09]   LuSE turnover increases as index fall
[2008-05-28]   Zambia sees GDP reaching 7.5 %
[2008-05-20]   Stanbic Bank has new MD
[2008-05-14]   Luse Grieves Over Speculation
[2008-05-13]   Week suffers 0.55 per cent drop
[2008-05-08]   Celtel Zambia IPO Opens Window for Kenyans
[2008-05-02]   LuSE March turnover declines
[2008-04-24]   NMC eyes LuSE listing
[2008-04-01]   Bata announces 100p.c. profits
[2008-03-28]   Teal Mining delays Konkola North over new tax regime
[2008-03-25]   LUSE all share index gains
[2008-03-20]   Kwacha gains against dollar
[2008-03-10]   Lafarge records all time high on Luse
[2008-02-29]   Zambia records K155bn. trade deficit
[2007-12-07]   Celtel Zambia to list 20 pct shares, increase users
[2007-10-31]   DBSA invests $300m in Zambia
[2007-10-30]   Cavmont Capital Bank to raise K18 bn. from LuSE
[2007-10-29]   Chinese bank buys stake in Standard Bank
[2007-10-26]   CAZ requests Celtel to list 41% shares
[2007-10-24]   LuSE monthly turnover declines
[2007-10-19]   Zambeef still in talks over Amanita takeover
[2007-10-16]   Copper prices could still ‘spike’ – analysts
[2007-10-15]   LuSE witnesses K5bn. rise in total turnover
[2007-10-10]   African Eagle to open mine in Eastern Province
[2007-10-09]   Kwacha rebounds
[2007-10-04]   LuSE abandons plans to link itself to JSE
[2007-09-25]   ZNCB to recover market share
[2007-09-20]   Luiri Gold invests $2.5 m in drilling, scoping studies
[2007-09-18]   Zambeef to takeover Amanita
[2007-09-17]   ZNCB shares to be floated on LuSE
[2007-09-10]   Zambia to adopt Kenya’s agricultural systems
[2007-08-27]   LuSE turnover shoots to K5 bn.
[2007-08-21]   LuSE tradind activity raises K3bn.
[2007-08-20]   LuSE tradind activity raises K3bn.
[2007-08-14]   LuSe turnover skyrockets
[2007-08-07]   LuSE is best performing stock market in Africa
[2007-08-03]   Cunico postpones IPO due to market conditions
[2007-07-26]   Kwacha to be stable this week
[2007-07-25]   Kwacha continues appreciating
[2007-07-23]   LuSE all-share index closes week up 2.2%
[2007-07-18]   LuSE records K6.98bn. turn over
[2007-07-11]   Barclays launches product
[2007-06-29]   Equinox mine exploration results impressive
[2007-06-19]   Nickel sale deal finalized
[2007-06-18]   Union Gold earmarks K45bn. for 2 hotels
[2007-06-15]   Support local investors’
[2007-05-28]   LuSe index keeps on growing
[2007-05-22]   LuSE index grows again
[2007-05-21]   ZACA calls for more food control labs
[2007-05-21]   ZACA calls for more food control labs
[2007-05-14]   LuSE records trade increase