By KENNEDY MUPESENI – COPPERBELT Energy Corporation (CEC) has said the macro-economic environment in Nigeria and the depreciating Naira has increased foreign exchange risks resulting in the loss of K1.140 million. This is according to...

By HELEN ZULU – GOVERNMENT says the construction industry needs to address gaps in the current legal framework to effectively regulate the industry. Currently, the National Council for Construction (NCC) Act No 13 of 2003...

By KLENNEDY MUPESENI – BARCLAYS Bank Zambia Plc will continue investing in technology to arrive at customer satisfaction, managing director Saviour Chibiya (right) has said. Mr Chibiya said the bank was committed to delivering exceptional...

By KENNEDY MUPESENI – VEDANTA Limited, a globally diversified natural resources company and a sister company of Konkola Copper Mines (KCM) in Zambia, has won the Golden Peacock Environment Management Award 2016 by the Institute...

By JOHN MUBAMBE – FIRST Quantum Minerals (FQM) Limited has invested over US$6.1 billion in the mines in Zambia over the past 20 years, creating over 14,000 jobs. Meanwhile, FQM has paid more than US$3.2...

By KENNEDY MUPESENI – KITWE’s Nkana Mall developer has bemoaned the delay by the Zambia Revenue Authority (ZRA) in clearing construction materials which has pushed completion schedule to November this year. The mall is being...

By CHATULA KANGALI KAPIRI Glass Manufacturing (KGM) Limited, which was closed in 1998 after being privitised in 1995, will soon resume operations following the shareholder’s decision to raise working capital. The shareholder was currently raising...

By STANSLOUS NGOSA – PRUDENTIAL Plc, one of the world’s oldest insurers has started operating in Zambia. The establishment of the business undertaking follows the acquisition of Professional Life Assurance by Prudential last month and...

By HELEN ZULU – THE Common Market for Eastern and Southern Africa (COMESA) has expressed concern with the low level of intra-regional trade in the region which is currently below 10 per cent. COMESA secretary...

By KENNEDY MUPESENI – BOARD Meb Investment Limited, a sole distributor of wood processing machinery manufactured and distributed by Wood Mizer Group in Zambia, has called for a restriction in the export of raw timber...