By ANDREW MULENGA – THE World Bank Group (WBG) has assured of continued support for Zambia to maintain macro-economic stability as well as achieve debt sustainability within the medium to long-term.WBG Managing Director and Chief...
Read MoreBy CHATULA KANGALI – THE Government has said power exports have reduced further to help strengthen local electricity supply.Energy Minister Peter Kapala says the exports have now been reduced to 260 MegaWatts (MW) from 530MW...
Read MoreBy JAMES MUYANWA in Arusha, Tanzania – THE International Livestock Research Institute (ILRI) in Kenya has come up with a vaccine against the African Swine Fever (ASF) which has been ravaging pigs in the region...
Read MoreBy CHATULA KANGALI – GRIZZLY Mining Limited has generated a revenue of $32.5 million from its latest auction held in Dubai, United Arab Emirates(UAE).The auction featured mid- to high-grade rough emeralds from Grizzly’s flagship mine...
Read MoreBy CHATULA KANGALI and KETRA KALUNGA – THE Oil Marketing Companies Association of Zambia (OMCAZ) says the engagement of small scale companies by large companies in the supply of fuel will spur stability in the...
Read MoreBy ANDREW MULENGA – THE Bank of Zambia (BoZ) has appointed Calvin Habasonda and Maibiba Mulala as joint liquidation managers to oversee the liquidation process of Investrust Bank (In possession) residual assets.This follows BoZ’s notification...
Read MoreBy CHATULA KANGALI – THE Lusaka Securities Exchange Commission (LuSE) has terminated the listing of Investrust Bank Plc on its platform.LuSE Chief Executive Officer Nicholas Kabaso announced that the termination is effective July 15, this...
Read MoreBy KETRA KALUNGA – JIANGXI Copper Zambia has started producing copper cables with an investment of about US$10 million.The Optoelectronics Company launched last week is located at the Jiangxi Economic Cooperation Zone in Chibombo district.Sales...
Read MoreBy SNIKE MZULAH – THE pensions industry has more than doubled it’s net asset’s from K7 billion to K16 billion in the last five yearsPensions and Insurance Authority (PIA) registrar and chief executive officer Namakau...
Read MoreBy CHATULA KANGALI – A LOCAL company plans to construct an open pit mine in Kasempa District of North-Western Province at a cost of $5 million.The mine is expected to create about 200 direct jobs...
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