By MAIMBOLWA MULIKELELA – MALAR Industries Limited is seeking an investor to revive its leather footwear manufacturing plant at a cost of K5.5 million. Malar Industries used to manufacture and supply various leather footwear products...

By CHATULA KANGALI – NDOLA Lime Limited has bemoaned the low consumption of hydrated lime in the construction sector in the country. Chief marketing and sales executive Francis Lwanga said in an interview that hydrated...

By HELEN ZULU ZOONA, a money transfer company has targeted to expand to about 10 other African markets by 2020. The firm plans to enter into Mozambique, the Democratic of Congo (DRC) Ghana among others...

By KENNEDY MUPESENI – HITACHI Construction Machinery Zambia Company Limited has supplied more than 50 units of earth-moving equipment under the Millennium Challenge Corporation (MCC) projects. Hitachi currently assembles and manufactures different types of earth...

By CHATULA KANGALI – Government has halted the establishment of four temporary heavy oil power plants that are aimed at providing emergency power for the country due to financial constraints. Energy and Water Development Permanent...

By JUDITH NAMUTOWE – THE Private Sector Development Association (PSDA) has called on politicians to market Zambia and give confidence to investors during campaigns for the August 11 general elections. PSDA chairperson Yusuf Dodia said...

By MAYA NTANDA – THE Bank of Zambia (BoZ) has taken possession of three financial service providers for allegedly being insolvent. BoZ head of communications Kanguya Mayondi said Cetzam Financial Services Plc, Genesis Finance Limited...

By MAIMBOLWA MULIKELELA – PRESIDENT Edgar Lungu has announced commencement of the second round of the Zambia Scaling Solar programme targeting a further 200 mega-watts of solar photovoltaic (PV) power projects. The solar project will...

By JUDITH NAMUTOWE – COPPER production at First Quantum Minerals (FQM)-owned Kansanshi Mine increased by seven per cent during the first quarter of 2016. FQM increased output at the Kansanshi smelter by seven per cent...

By MAIMBOLWA MULIKELELA – INTERNTIONAL Finance Corporation (IFC), a member of the World Bank Group, has provided US$25 million loan facility to First National Bank Zambia (FNB) for onward lending. This is meant to increase...