Browsing the "Stories" Category
December 30, 2013 - 0 Comments

By MAIMBOLWA MULIKELELA – TANZANIA-Zambia Railway Authority (TAZARA) has sealed a contract with the Chinese Civil Engineering and Construction Company (CCECC), for the manufacture and supply of four new mainline locomotive engines worth US$12.45 million....

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December 30, 2013 - 0 Comments

The Zambia Chamber of Commerce and Industry (ZACCI) is right to call on the Government to hasten the issuance of a Statutory Instrument (SI) which will restrict importation of raw materials as well as some...

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December 30, 2013 - 0 Comments

 By MAIMBOLWA MULIKELELA –  ZCCM-Investment Holdings market capitalisation has remained at K1.116 million as at March 31, 2013 from the previous financial year.  Group executive chairperson Willa Mung’omba said the market capitalisation as at March...

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December 30, 2013 - 0 Comments

By MAIMBOLWA MULIKELELA – LUIRI Gold Limited, a base metal exploration and development company has entered into a binding Heads of Agreement (HOA) with Bamboo Rock Limited for the sale of a 75 per cent...

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December 30, 2013 - 0 Comments

By JAMES KUNDA – THE Pan-African Building Society (PABS) has in 2013, spent a total of K11million on loans and leases to retail and corporate clients. PABS Ndola branch manager Jones Mulenga said in an...

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December 30, 2013 - 0 Comments

By JAMES KUNDA – FRIDAY saw the Kwacha having a reversal in fortunes as it slid against the United States (US) dollar, losing K0.20 on the day. Zanaco bank reports that interbank trading began the...

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December 30, 2013 - 0 Comments

ByMAIMBOLWA MULIKELELA – Government has singed a Statutory Instrument (SI) Number 103 of 2013, which brings into effect the Customs and Excise Duty for Public Benefit Organisations. The SI which also brings into consideration Amendments...

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December 26, 2013 - 0 Comments

By MAIMBOLWA MULIKELELA – ZAMBIA’s year end inflation rate increased to 7.1 per cent from seven per cent recorded in November 2013, while the country has posted its first trade deficit of K327 million since...

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December 26, 2013 - 0 Comments

By JAMES KUNDA – MEALIE-MEAL prices in the country are expected to remain above K65 despite Government offloading additional stocks of maize to millers for increased production. According to Millers Association of Zambia (MAZ) president...

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December 26, 2013 - 0 Comments

CHICKEN King restaurant on Broadway in Ndola is among eateries which deserve commendation for maintaining high standards of service in 2013. The food and beverages served in this establishment have always been top-notch and waiters...

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