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President Rupiah Banda’s tour and visit of flood hit victims yesterday in Lusaka underscores the urgency the Government attaches to the problem particularly in the capital city where displaced families have been relocated to an area near the Independence Stadium.
 

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Afriland buys IBC stake
CAMEROUN bank, Afriland First Bank Group has acquired 80 per cent stake in Intermarket Banking Corporation (IBC) and taken over control from Sabre Capital, which bought the bank two years.
Use rates proceeds for service provision, proposes O’Donnel
FUNDS raised through the payment of rates by property owners should only go towards the provision of services and should not be allowed by law to be used for any other purpose, Union Gold Group of companies chairperson Mark O’Donnell has proposed.
Bank of China : Facilitating increased trade with Zambia
The Bank of China (Zambia) Limited, an affiliate of the Bank of China Limited opened its doors on Zambian soil in 1997, being the first ever Chinese bank to operate in the country.


Equinox ponders new copper uranium projects
EQUINOX Minerals, owners of Lumwana Copper Mine plan to seek funding and off-take deals for its uranium project and are considering acquiring a second copper project, chief executive officer Craig Williams has said.


Taj Pamodzi records 30 p.c. CB clientele
THE Taj Pamodzi Hotel has recorded 30 per cent increase in the customers base on the Copperbelt this year from the less than 20 per cent in the last five years due to support from corporate clients, general manager Raci Pillai has said.


Nsemukila calls for easy access to CEEC funds
THE Zambia Development Agency (ZDA), Patents and Companies Registration Office, PACRO), Citizen’s Economic Empowerment Commission (CEEC) and Zambia Revenue Authority (ZRA) have been urged to collaborate their procedures to facilitate easy access to the empowerment funds.


Promote rattan grass – Forest scientist
A FOREST scientist has called for the promotion of the rattan grass, used to make hand-weaved furniture and other home accessories, which is abundant in Mwinilunga and some parts of Luapula Province.


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