Cavmont, Norwegian firm speak bridging unbanked gap
MIKE MUGALA, FRANCIS CHEWE Lusaka CAVMONT Bank has partnered with a Norwegian fintech company, SPENN, to launch a mobile money application to help bridge the unbanked gap through enhancing access…
CAVMONT reports K41.6m loss
NANCY MWAPE, Lusaka
CAVMONT Capital Holdings Zambia Plc has made a loss of K41.6 million for the financial year ending June 2018 due to increased operational expenses and impairment charges. (more…)
Lusaka Stock Exchange
LuSE turnover drops despite share increase
TRYNESS TEMBO, Lusaka
DESPITE recording an increase in the number of shares transacted on the Lusaka Stock Exchange (LuSE), the turnover has dropped for the second consecutive week. (more…)
‘Cavmont Bank promotes culture of saving’
TRYNESS MBALE, Lusaka
IN AN effort to reach out to the unbanked and those without access to formal banking services, Cavmont Bank has launched two new savings accounts to promote the culture of saving. (more…)