Company Madison Financial Services Plc

Equities

MAFS

ZM0000000391

Diversified Investment Services

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Company contact information

Sector

Sales per Business

Sales per region

Sector Diversified Investment Services

End-of-day quote Lusaka S.E. Other stock markets 07:00:00 2024-03-13 pm EDT			5-day change	1st Jan Change
1.86 ^ZMW	-.--%		-.--%	-.--%

2019	Madison Financial Services plc Reports Earnings Results for the Full Year Ended December 31, 2018	CI
2019	Madison Financial Services Plc Auditor Raises 'Going Concern' Doubt	CI

Madison Financial Services Plc is a financial services group. The activity is organized around 4 areas:

- non-life insurance;

- life insurance;

- micro-financing: consumer loan, small and mid-sized enterprises loan, etc.;

- asset management.

Number of employees: 457

ZMW in Million	2017	Weight	2018	Weight	Delta
Life Insurance 39.8 %	122	38.7 %	132	39.8 %	+8.32%
Non-life Insurance 32.3 %	104	33.0 %	107	32.3 %	+3.06%
Micro Finance 30.3 %	70	22.3 %	100	30.3 %	+42.87%
Adjustments & Eliminations -6.6 %	-16	-5.1 %	-22	-6.6 %	+36.90%
Non Reportable Segment 5.4 %	12	3.9 %	18	5.4 %	+44.62%
Asset Management -1.2 %	23	7.2 %	-4	-1.2 %	-118.04%

ZMW in Million	2017	Weight	2018	Weight	Delta
Zambia 96.5 %	610	94.0 %	724	96.5 %	+18.75%
Tanzania 3.5 %	39	6.0 %	26	3.5 %	-31.68%

Managers	Title	Age	Since
Cindy Chiputa DFI	Director of Finance/CFO	42	07-04-30
Lawrence S. Sikutwa CHM	Chairman	70	-

Members of the board	Title	Age	Since
Lawrence S. Sikutwa CHM	Chairman	70	-
Basil Nundwe BRD	Director/Board Member	-	-
Cindy Chiputa DFI	Director of Finance/CFO	42	07-04-30
Rhoydie Chisanga BRD	Director/Board Member	59	-
Margaret Kunda Chalwe-Mudenda BRD	Director/Board Member	52	16-05-23
Peter Banda BRD	Director/Board Member	-	16-05-23
Ralph Gilchrist BRD	Director/Board Member	-	15-03-30

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	50,000,000	1 ( 0.000002 %)	0	0.000002 %

Madison Financial Services Plc

LSA House 318 Independence Avenue

10101, Lusaka

address Madison Financial Services Plc(MAFS)

Financials

Banking & Investment Services

Investment Banking & Investment Services

Diversified Investment Services

Diversified Investment Services

	1st Jan change	Capi.
MADISON FINANCIAL SERVICES PLC	-.--%	3.46M
MACQUARIE GROUP LIMITED	+2.38%	43.99B
EQUITABLE HOLDINGS, INC.	+14.74%	12.65B
SBI HOLDINGS, INC.	+18.79%	7.24B
VOYA FINANCIAL, INC.	-4.15%	7.15B
INVESTEC GROUP	-4.48%	5.84B
FIRST CAPITAL SECURITIES CO., LTD.	-1.20%	3.33B
AMP LIMITED	+15.59%	1.86B
AJ BELL PLC	+7.67%	1.72B
L1 LONG SHORT FUND LIMITED	+0.68%	1.2B

Diversified Investment Services