By MAIMBOLWA MULIKELELA – COMMERCE, Trade and Industry Minister Robert Sichinga has said there were 955,150 people in formal employment in Zambia as at December 2013. The 955,150 formal jobs as at the fourth quarter...
Read MoreBy MAIMBOLWA MULIKELELA – THE African Development Bank (AfDB) has approved US$75 million for the rehabilitation of the Kariba Dam project. The project aims to assist the Zambezi River Authority (ZRA) in securing the long-term...
Read MoreBy KENNEDY MUPESENI – KUKULA Capital Zambia has acquired 30 per cent shares in Betternow Financial Company Limited (BFC) at K5.8 million. Under the new arrangement which will focus on providing loans for the Small...
Read MoreBy JAMES MUYANWA – ZAMBIA’s economic growth is likely to outpace that of China over the next five year, hence the continued influx of investments into the southern African country. According to the latest Africa...
Read MoreBy JAMES MUYANWA – THE prices of oil on the international market fell to five-year low last week, crossing the $60-per-barrel mark as local motorists and other stakeholders remain optimistic of another reduction in fuel...
Read MoreBy MAIMBOLWA MULIKELELA ? – THE Zambia Bureau of Standards (ZABS) has produced several standards to help manufacturers who will set up businesses in the industrial clusters to produce quality products. This will enable the...
Read MoreBy BUSINESS REPORTER – TIMES of Zambia Business Reporter Maimbolwa Mulikelela has scooped the overall media award for the 88th edition of the Zambia Agricultural and Commercial Show. The Agricultural and Commercial Society of Zambia...
Read MoreBy JUDITH NAMUTOWE – THE Sunbird Bioenergy Africa is set to invest US$150 million in the production of ethanol in Kawambwa District of Luapula province. Kawambwa District Commissioner Ivo Mpasa said in an interview that...
Read MoreBy MAIMBOLWA MULIKELELA – THE World Bank has approved a US$75 million credit facility towards the rehabilitation of the Kariba Dam. A further US$25 million grant from Sweden had also been approved for the same...
Read MoreBy KENNEDY MUPESENI – AIRTEL Mobile Networks Zambia has called on the Bank of Zambia to increase the maximum threshold for mobile money transfer from the current K5,000. Head of mobile money, Brenda Thole said...
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