By KETRA KALUNGA – INDO Zambia Bank (IZB) has declared a K50 million dividend to the Industrial Development Corporation (IDC).IZB Board Chairperson Michael Gondwe said the board also approved to pay the bank’s shareholders the...
Read MoreBy CHATULA KANGALI and SNIKE MZULAH – STAKEHOLDERS say the clinching of the deal on the restructuring of the $3.5 billion Eurobonds with bondholders by the Government will spur economic growth.Social economist Kelvin Chisanga said...
Read MoreBy CHATULA KANGALI – ZAMBEEF says it is cooperating with the Zambia National Service (ZNS) in sharing expertise in crop production to ensure national food security.Company Corporate Affairs and Sustainability Executive Ezekiel Sekele said Zambeef...
Read MoreBy SYLVIA MWEETWA and CHATULA KANGALI – THE National Union of Miners and Allied Workers (NUMAW) has urged the International Resources Holding (IRH), the equity partner for Mopani Copper Mines (MCM) to revive expansion projects...
Read MoreBy ANDREW MULENGA and MAYA NTANDA – SOME Kitwe residents and stakeholders have commended the government for the revival of Mopani Copper Mines (MCM) which they say was almost collapsing.The residents and stakeholders say the...
Read MoreBy ANDREW MULENGA – THE Government says it will provide machinery and working capital to the Small and Medium Enterprises (SMEs) as well as cooperatives that will take up the spaces in the eight recently-constructed...
Read MoreBy ANDREW MULENGA and KETRA KALUNGA – THE Zambia Revenue Authority (ZRA) has imposed a 16 per cent Value Added Tax (VAT) rate on all transactions made by non-resident electronic service providers effective April 1,...
Read MoreBy KETRA KALUNGA – THE United Bank of Africa (UBA) and the Africa Continental Free Trade Area (AfCFTA) have signed an agreement for $80 million financing to eligible Small and Medium Enterprises (SMEs) across Zambia...
Read MoreBy KETRA KALUNGA – THE country does not have sufficient onions to satisfy the local market, the local vegetable traders have said.This is in sharp contrast to a statement by Zambia National Farmers Union (ZNFU)...
Read MoreBy KETRA KALUNGA – PROFLIGHT Zambia has recommenced the flights to Kasama District in Northern Province after nearly six years of its absence.The airline had stopped servicing the route in December 2018 due to the...
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