By 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...

By 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....

By 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...

By 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...

By 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...

By 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...

By 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...

By MAIMBOLWA MULIKELELA – ZANACO has recorded K104.494-million loss for the year ended December 31 2014. This is despite the bank’s income having increased by 16 per cent from K838 million in 2013 to K972...

By HELEN ZULU – THE Zambia Bureau of Standards (ZABS) has seized 95 cases of carbonated drinks known as Maracuja from SGC Investment Limited in Lusaka. The seized product bears labels in Portuguese and had...

By MAIMBOLWA MULIKELELA – THE National Union for Small Scale Farmers of Zambia (NUSFAZ) has urged the need to provide incentives that will promote production of wheat among the smallholder farmers. National Union for Small...