Browsing the "Business" Category
May 18, 2022 - 0 Comments

ZAMBIA once again made another attempt at realising her ambition of developing electric vehicles – Lithium-Ion Battery (LIB) technologies on April 29 this year.This was when Republican President Hakainde Hichilema and Democratic Republic of Congo...

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May 18, 2022 - 0 Comments

EVERY time the issue of privatising a mining unit comes up, it reminds me of what could now terms as a ‘prophetic statement’ by then leading televangelist-cum-politician, Nevers Mumba, around 2000.Yes about 22 years or...

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May 18, 2022 - 0 Comments

By Kennedy Mupeseni – THE mild drought characterised the 2021/2022 rain season, late fertiliser distribution and the lucrative soya beans in the last year’s crop marketing season can be blamed for the expected reduction in...

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May 18, 2022 - 0 Comments

By KENNEDY MUPESENI – THE national output for rice this year is expected to drop by 5.46 per cent to 62,280 tonnes from 65,876 tonnes recorded last year, according to the latest crop survey report.The...

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May 18, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA – ZANACO Bank Plc has revised its growth projections for this year by 40 basis points following expected higher energy costs, delays to secure an International Monetary Fund (IMF) programme, poor rainfall...

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May 18, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA – ZAMBIA Revenue Authority (ZRA) says the customs duty and Value Added Tax (VAT) for ‘machines for drying or cooling agriculture products’ under HS code 8419.34.00 is now zero rated.ZRA acting corporate...

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May 17, 2022 - 0 Comments

By KENNEDY MUPESENI – MINING investors who seemed determined to leave Zambia are reportedly ‘stampeding’ back into the country due to a seemingly new attractive mining policy and the demand for metals.A report by Bloomberg...

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May 17, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA – MOPANI Copper Mines (MCM) Plc is excited with the Government’s current policy direction in the mining sector which seeks to stir growth.MCM chief executive officer Charles Sakanya says the mining company...

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May 17, 2022 - 0 Comments

By MAIMBOLWA MULIKELELA – FIRST National Bank (FNB) Zambia says pressure from the energy sector is expected to moderate the pace of disinflation through the first half of this year.A 22 per cent increase in...

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May 17, 2022 - 0 Comments

By CHATULA KANGALI – YOUTHS should start investing in the local food industry to create their own wealth and jobs, senior citizen Dante Saunders has advised.Mr Saunders said during the official opening of a Pie...

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