Browsing the "Stories" Category
October 30, 2014 - 0 Comments

By JAMES KUNDA – THE Zambian economy is resilient and fundamentally strong enough to accommodate the shocks which will result from President Michael Sata’s death, the Bank of Zambia (BoZ) has said. BoZ Governor Michael...

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October 29, 2014 - 0 Comments

By KENNEDY MUPESENI – THE Lusaka Water and Sewerage Company (LWSC) has resorted to massive water rationing due to a 50 per cent reduction in water supply from various sources. The current water capacity is...

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October 29, 2014 - 0 Comments

By JUDITH NAMUTOWE – THE business community in Zambia said President Michael Sata’s death will affect the economy in the short-term but that the long-term targets will remain on course. The Economic Association of Zambia...

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October 29, 2014 - 0 Comments

By JUDITH NAMUTOWE – A CONSORTIUM of Zambian investors has partnered with financial institutions in the country to construct a 100-room hotel in Samfya District of Luapula Province at the cost of US$20 million. Group...

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October 29, 2014 - 0 Comments

By KENNEDY MUPESENI – THE Kwacha yesterday showed some downward movement, on average trading between K6.35 and K6.40. A check at most of the bureaux and commercial banks in the Lusaka Central Business District indicated...

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October 23, 2014 - 0 Comments

By JAMES KUNDA? – THE Competition and Consumer Protection Commission (CCPC) has issued a red-alert against consumption and trade of Tiger branded foods from South Africa because of possible contamination. CCPC public health officer Twaambo...

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October 23, 2014 - 0 Comments

By KENNEDY MUPESENI? – ZAMBIA and Sweden has recorded about K600 million in export and import volumes in the last year, Swedish Ambassador to Zambia Lena Nordstrom has said. Ms Nordstrom said four Swedish companies...

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October 22, 2014 - 0 Comments

By KENNEDY MUPESENI? – CAVMONT Bank Zambia’s deposit base has increased from K278 million to?K348 million in the last one year. The bank has also recorded 20 per cent growth in terms of customer base....

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October 22, 2014 - 0 Comments

By JAMES KUNDA? – UNITED Kingdom (UK)-based bank HSBC has availed US$150 million for the financing of the proposed upgrading of four airports and aerodromes in Luapula Province. Lagan Group Limited, a British construction firm...

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October 22, 2014 - 0 Comments

By KAIKO NAMUSA? – MTN-Zambia will continue partnering with companies with progressive?innovations aimed at growing business. The telecommunications company has thus pledged to strengthen its?partnership with Times Printpak Zambia Limited, the publisher of the?Times of...

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