The Industrial Development Corporation says five companies that submitted applications for pre-qualification have been shortlisted for the next stage of selecting a strategic equity partner in Indeni Petroleum Refinery Company Limited. Last month, the Industrial

THE kwacha has started depreciating towards the K10 per dollar mark following strong demand for dollars and an unexpectedly undersubscribed Treasury Bill auction. According to financial market players, the kwacha, which appreciated against the US

American-based Zambian actor Patrick Shumba Mutukwa is back in the news, but this time attracting sharp criticism from his fans after a gay pornographic video in which he features was leaked over the weekend. Partrick

I tapped politely on the door and a gentle voice said ‘Come in’. There behind a huge desk sat the small figure of President Inonge Wina. She came to greet me, and directed me towards

Investors fretting that Zambia may have more debt than it’s let on have sent the nation’s Eurobonds tumbling. Yields on the copper-producing country’s $1.25 billion amortizing bonds due in 2027 rose as much as 54

Barclays Bank Zambia Plc has been named the 2018 Best Bank and Best Corporate Bank in Zambia by the Global Finance Magazine and Global Banking and Finance Review respectively. Speaking in Lusaka, Barclays Bank Zambia

Centre for Trade Policy and Development executive director Isaac Mwaipopo says investigations into the K76.5 billion tax scam by Kalumbila Copper Mines must not be jeopardized by political interference. In an interview, Mwaipopo commended the

Zambia is facing tough questions over its foreign-debt levels from investors who think the real number may be more than double what the government says it is. Lenders including Nomura Holdings Inc. believe the state

Running a business is very hard. I know a lot of friends who started businesses after a long spell in employment. It was hard-hitting. They applied for jobs into mainstream employment. There are many reasons

The National Restoration Party Copperbelt leadership from provincial, district and constituency have resigned with immediate effect.  NAREP Copperbelt Chairperson Musonda Kalale led the team of those who resigned from the party, Thursday. Among those that