Browsing the "Stories" Category
April 16, 2024 - 0 Comments

By KETRA KALUNGA – THE Bank of Zambia (BoZ) is engaging depositors at Investrust Bank who have defaulted on their loans to ensure the money owed is paid back.BoZ Governor Denny Kalyalya said the non-performing...

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April 16, 2024 - 0 Comments

By CHATULA KANGALI – THE ZCCM-Investment Holding (IH) has recorded an increased post-tax loss from K3.786 billion in 2022 to K4.597 billion due to the underperformance of its subsidiary, Mopani Copper Mine PlcMopani’s operations have...

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April 15, 2024 - 0 Comments

By CHATULA KANGALI – THE more than 170 million cubic metres of water from Shaft 28 at CNMC Luanshya Copper Mines (CLM) will help aid power generation which is currently in short supply due to...

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April 15, 2024 - 0 Comments

By KETRA KALUNGA – SOME Zambians have described the First National Bank (FNB) Zambia Wine Festival as a good networking platform for business expansion and creation of business opportunities.FNB organised the event that attracted best...

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April 15, 2024 - 0 Comments

By CHATULA KANGALI – KALENE Hills Fruit Company in Mwinilunga District has commenced the production of pineapple juice.The company which is wholly owned by the Industrial Development Corporation (IDC) was commissioned in 2022.IDC Head of...

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April 15, 2024 - 0 Comments

By SYLVIA MWEETWA – SOME account holders at the Investrust Bank, in possession by the Bank of Zambia (BoZ), have commended the Government for its quick action on the issue of their deposits.They have paid...

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April 8, 2024 - 0 Comments

By SNIKE MZULAH – THE government says it is committed to support and promote Small and Medium Enterprises (SMES) and cooperatives on a path of growth and increased job creation in the country.Small and Medium...

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April 8, 2024 - 0 Comments

By KENNEDY MUPESENI – THE business community should get ready for the mining-inclined business boom as a result of recapitalisation of Mopani Copper Mine (MCM) besides the upcoming operations, Copperbelt Province Minister Elisha Matambo has...

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April 8, 2024 - 0 Comments

By ANDREW MULENGA – THE Zambia National Commercial Bank (ZANACO) lending portfolio to Chinese businesses has reached close to $200 million from October last year to date.ZANACO chief executive officer Mukwandi Chibesakunda says currently, the...

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April 5, 2024 - 0 Comments

By ANDREW MULENGA – THE Lusaka Securities Exchange (LuSE)’s total market capitalisation for the first quarter of 2024 rose to K97.76 billion translating into10.2-per cent increase on the K75 billion posted in the first quarter...

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