THE move by Mansa Sugar to invest about US$54 million in the sugar plantation in Chembe District of Luapula province is commendable. This will see the company produce up to 18,000 tonnes of sugar per...
Read MoreBy MAIMBOLWA MULIKELELA – ZAMBIA and other mining countries should use the downturn in the prices of copper to prepare for a boom and maximise the benefits. South African economist-cum-author Victor Kgomoeswana said the decline...
Read MoreBy KENNEDY MUPESENI – THE World Bank has urged the technical team instituted by President Edgar Lungu to effect changes to the 2015 mineral royalty tax to come up with a win-win tax regime that...
Read MoreBy BUSINESS REPORTER – THE Zambia National Commercial Bank Plc (Zanaco) produced strong results for the financial year ended December 31 2014. The bank achieved profit before tax and exceptional item of K318 million, an...
Read MoreBy JUDITH NAMUTOWE – THE Zambia Development Agency (ZDA) has given Sunbird Bio-energy Africa an investment licence to set up a US$150 million ethanol plant in Luena farm bloc in Kawambwa District of Luapula Province....
Read MoreBy MAIMBOLWA MULIKELELA – ZAMBIA has recorded a decrease in the total value of metal exports from K2.6 billion in January 2015 to K2.5 billion in February this year due to a drop in copper...
Read MoreBy JUDITH NAMUTOWE – MANSA Sugar, is set to invest a total of US$54 million in the plantation and production of sugar in Chembe District of Luapula Province. The project which will be located in...
Read MoreBy BRIAN HATYOKA – ZAMBIA and Zimbabwe will start constructing the 1, 600-Megawatts (MW) Batoka power stations in January 2016, Mines, Energy and Water Development Minister Christopher Yaluma has said. Two Batoka Gorge hydroelectric power...
Read MoreBy JUDITH NAMUTOWE – PROFLIGHT Zambia will next month reintroduce its 50-seater jet aircraft dubbed Jubilee Jet which will operate on domestic routes. The Bombardier CRJ-100 aircraft, which was originally introduced on a trial basis...
Read MoreBy KENNEDY MUPESENI – THE Common Market for Eastern and Southern Africa (COMESA) rules of origin should be be simplified Trade Law Centre (TRALAC) ,a Southern African trade think tank has said. The current scenario...
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