By KENNEDY MUPESENI CHINA has called for further relaxation of permit acquisition and processing procedures to help increase its investment in Zambia. Chinese Embassy to Zambia economic councillor Chai Zhijing said it is important that...

By MAIMBOLWA MULIKELELA – THE Bank of Zambia (BoZ) has called for further fiscal adjustments that will address revenue shortfalls and rationalise expenditure in view of the current budget deficit. Preliminary indications by the BoZ...

By KENNEDY MUPESENI – THE African Development Bank (AfDB) has approved a US$50 million investment in Copperbelt Energy Corporation Africa Investments Limited (CECA), a multinational power company headquartered in Nigeria and Zambia. CECA seeks to...

By MAIMBOLWA MULIKELELA – Local economists and business experts have said government needs to improve fuel procurement and agricultural production to make them more efficient. The Economics Association of Zambia (EAZ) and the Zambia Chamber...

By MAIMBOLWA MULIKELELA – ZAMBIA Sugar has injected over K760 million into the local economy through taxes and wages to workers as at end of March, 2015. For the period 2014/15, the company paid K690...

By HELEN ZULU – SARO Agro Industrial Limited has embarked on a programme to provide small-scale farmers in Northern Province with mechanised farming equipment on credit to boost agriculture performance. Company managing director Ashok Oza...

By HELEN ZULU – ARCADES Shopping Centre remains competitive despite the coming up of new malls on the Great East Road and other parts of Lusaka. Arcades Development centre manager Patrick Nsama said Arcades has...

By MAIMBOLWA MULIKELELA – UNITED Kingdom-based Consolidated Nickel Mines (CNM) plans to raise US$40 million on the Toronto Stock Exchange to resume operations at Munali Nickel Mine project in Southern Province. The mine has been...

By JUDITH NAMUTOWE – THE Government and the United Nations International Fund for Agricultural Development (IFAD) on Monday signed a US$14.23 million loan and $0.87 million grant agreement to finance the livestock sector in Zambia....

By KENNEDY MUPESENI – IMPERIAL Southern Cross Motors, trading as Nissan Zambia, has invested more than US$34 million in the last 10 months it has been operating in the country. The company has called for...