Browsing the "Stories" Category
July 10, 2024 - 0 Comments

By ANDREW MULENGA – THE Zambia Revenue Authority (ZRA) has generated over K416 million since rolling out the smart invoicing system in December last year, and transmitted a total of 195, 438 invoices worth K7.2...

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July 10, 2024 - 0 Comments

By ANDREW MULENGA – THE Zambia Industrial Commercial Bank (ZICB) will from July 15, 2024 take-over all customers with outstanding deposit balances at Investrust Bank Plc as well as some of the insolvent Bank’s assets.This...

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July 9, 2024 - 0 Comments

By KETRA KALUNGA – THE importation of onions from South Africa which commenced in March this year, has come to an end as local farmers are now able to satisfy the local market.Zambia Fruits and...

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July 9, 2024 - 0 Comments

By ANDREW MULENGA – THE Kwacha has for nearly a month now been trading within the K25 psychological mark against major currency convertibles, thereby exhibiting some semblance of stability in the foreign exchange market.Last week,...

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July 9, 2024 - 0 Comments

By ANDREW MULENGA and CHATULA KANGALI – THE prices for solar panels as well as solar batteries have reduced by an average of K500 in most stores in Lusaka and Ndola.A check by Business Times...

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July 8, 2024 - 0 Comments

By ANDREW MULENGA – THE Oil Marketing Companies Association of Zambia (OMCAZ) has welcomed the Bank of Zambia’s (BoZ) draft Currency Regulations of 2024 to reinforce the Kwacha’s role as the sole legal tender in...

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July 8, 2024 - 0 Comments

By CHATULA KANGALI – MORE than 120 entities have expressed interest in setting up solar power facilities on the rooftops and the grounds of some Government buildings in the country as alternative sources of electricity.Energy...

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July 4, 2024 - 0 Comments

By CHATULA KANGALI – FIRST National Bank (FNB) Zambia has urged Small and Medium Entrepreneurs (SMEs) to take advantage of its collateral-free loan facility of up to K500,000 to grow their businesses.FNB said it had...

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July 4, 2024 - 0 Comments

By ANDREW MULENGA – THE ZCCM-Investments Holdings Plc (ZCCM-IH) shareholders have approved a K243 million dividend from the 2023 financial year.According to a statement published by ZCCM-IH Corporate Affairs Manager Loisa Mbatha, the Government as...

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July 3, 2024 - 0 Comments

By MAYA NTANDA – THE Zambia Agribusiness and Trade Project (ZATP) has implemented the allocation of $170 million to provide support to cooperatives, farmers and Small and Medium Enterprises (SMEs).This was done in March, this...

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