Browsing the "Business" Category
October 17, 2022 - 0 Comments

By KENNEDY MUPESENITHE African Development Bank (AfDB) has approved an unfunded US$75 million trade finance Risk Participation Agreement (RPA) facility for financial services firm FirstRand Bank.This will enhance FirstRand’s ability to underwrite trade finance transactions...

Read More
October 17, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA-THE Government has been urged to broaden the investment incentives beyond the Multi-Facility Economic Zone (MFEZ) to grow Zambia’s industrial base and stimulate economic development.It is important to widen the investment incentives beyond...

Read More
October 17, 2022 - 0 Comments

By KENNEDY MUPESENI-A Luanshya-based cooperative has ventured into commercial production of charcoal briquettes, an energy solution revolution that will change the country’s energy landscape.Shimwendaweka Multipurpose Cooperative is making charcoal briquettes using crop residues and other...

Read More
October 17, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA-ZAMBIA Information and Communications Technology (ZICTA) has developed a decentralised reporting system that will allow consumers report financial related fraud scams.This has been done in partnership with the Bank of Zambia (BoZ) and...

Read More
October 10, 2022 - 0 Comments

By KENNEDY MUPESENI-ZESCO Limited says it is looking at harnessing more than 1,100 megawatts of power from renewables such as solar and wind, among others, in the next decade as the Government looks to increase...

Read More
October 10, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA-STANBIC Bank Zambia Purchasing Managers’ Index (PMI) survey has revealed that companies signalled an improvement in business conditions during the month of September as output and new orders returned to growth. read more...

Read More
October 10, 2022 - 0 Comments

By KENNEDY MUPESENI-FIRST Quantum Minerals (FQM) says it is targeting at the production of between 5,000 tonnes and 10,000 tonnes of nickel from its Enterprise operation in Zambia next year.FQM project manager for Zambia Jacob...

Read More
October 10, 2022 - 0 Comments

By CHATULA KANGALI-THE opening up of the borders for maize export has helped reduce the smuggling mealie-meal and the other maize products, the millers have observed.Millers Association of Zambia (MAZ) president Andrew Chintala said in...

Read More
October 4, 2022 - 0 Comments

By JAMES KUNDA-THE National Savings and Credit Bank (NATSAVE) has signed a Memorandum of Understanding (MoU) with the Zambia Credit Guarantee Scheme (ZCGS) to support access to financing by Small and Medium Enterprises (SMEs).Finance and...

Read More
October 4, 2022 - 0 Comments

CHATULA KANGALI-ZANACO Bank Plc investment securities have increased by 53 per cent in the year ending June, 30 this year.The investment securities grew from K6, 952 million in the prior year to K10, 608 million...

Read More