By JAMES KUNDAINDO-Zambia Bank (IZB) has presented a K40-million dividend to the Industrial Development Corporation (IDC). IZB board chairperson Michael Gondwe says the bank, in the 2022 financial year, exhibited a strong performance buoyed by...
Read MoreBy KETRA KALUNGA – THE Zambia Revenue Authority (ZRA) received nearly 8,000 applications under the tax amnesty exercise as of last Wednesday, ahead of the expiry this week.The tax amnesty exercise was meant to help...
Read MoreBy KETRA KALUNGA – THE Common Market for Eastern and Southern Africa (COMESA) has signed a €920 544 sub-delegation agreement with Zimbabwe to construct a cross-border market at Chirundu border post between Zambia and that...
Read MoreBy KELVIN MUDENDA – STANBIC Bank Zambia says it will partner with the Government in growing the tourism sector and has commended the ‘New Dawn’ administration for the economic environment which has enabled the bank...
Read MoreBy KENNEDY MUPESENI – PREMIERCON Starch Company Limited has said production of starch has dropped by 60 per cent to 100 tonnes per day due to the shortage of the main raw material, cassava. Read...
Read MoreBy JAMES MUYANWA – A ZAMBIAN financial expert and former Bank of Zambia (BoZ) employee has been appointed World Bank Group vice-president for budget, performance review and strategic planning, effective July 1, this year.Samuel Maimbo...
Read MoreBy KETRA KALUNGA – ZAMBIAN Breweries’ US$80 million expansion project and overhaul of the plant which will be completed in October this year will boost the demand for local cassava.The Lusaka plant once completed would...
Read MoreBy KENNEDY MUPESENI and KETRA KALUNGA – AS the value of the Kwacha against the United States (US) dollar crossed the K21 psychological barrier yesterday, PricewaterhouseCooper (PwC) explained some of the factors causing the trend....
Read MoreBy CHATULA KANGALI – THE transformation of Indeni and the Tazama pipeline by the New Dawn government is a good development which will help transform the petroleum subsectors in the country, Sub-Saharan Gemstone Exchange and...
Read MoreBy KETRA KALUNGA – The Algerian government has pledged to enhance trade with Zambia which has for years been dwindling.Algerian Ambassador to Zambia Ahmed Saadi said concrete action should be taken between the two countries...
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