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Business
19 Sep 2019
|
Sipilisiwe Ncube
Zambia plans maize exports to DRC
Agriculture Minister Michael Katambo says government is finalising a Memorandum of Understanding with the Democratic Republic of Congo (DRC) for exports of maize and other crops. And Katambo has claimed that current national food stocks […]
17 Sep 2019
|
Julia Malunga
It’s illogical for companies that don’t pay dividends to bid for KCM – Mumba
Chairperson of the select committee appointed to negotiate the sale of Konkola Copper Mines, Anthony Mumba says it surprises him to see some local Chinese companies like Luanshya Copper Mines and China Non-Ferrous Metals expressing […]
17 Sep 2019
|
Stuart Lisulo
Insolvent Vodafone Zambia announces sale
Mobile Broadband Limited, trading as Vodafone Zambia, has announced a formal sale of the company following the inability by its shareholders to inject much-needed capital to revitalize operations. According to a notice, the struggling network […]
15 Sep 2019
|
Sipilisiwe Ncube
Zambia’s power deficit reaches 700MW, reveals energy minister
Minister of Energy Matthew Nkhuwa says the current power deficit in the country stands at 700 Mega Watts (MW) and has cautioned that government may not afford to import the electricity shortfall. And Nkhuwa says […]
13 Sep 2019
|
Stuart Lisulo
ZCCM-IH’s records 45% drop in profits
ZCCM-IH posted reduced profits after tax of K462 million during its financial year ending March 31, 2019, triggered by increased losses incurred at subsidiaries Investrust Bank Plc and Ndola Lime Cement Company. ZCCM-IH, however, says […]
13 Sep 2019
|
Natasha Sakala
ZNFU projects increased maize output next season
The Zambia National Farmers Union (ZNFU) says more farmers are expected to cultivate maize in the 2019/2020 farming season because the market price has been encouraging. And the Union has urged farmers to plant early-maturing […]
13 Sep 2019
|
Natasha Sakala
CTPD expects Lungu to speak to issues affecting people – Mwaipopo
President Edgar Lungu must give a clear road map towards economic recovery as he officially opens Parliament today, says the Centre for Trade Policy and Development (CTPD). And the CTPD says President Lungu should also […]
12 Sep 2019
|
Ulande Nkomesha
No power importation deal reached with Mozambique, says govt
Ministry of Energy permanent secretary Brigadier General Emelda Chola says neighbouring Mozambique has indicated that it cannot manage to supply excess electricity to Zambia at the moment. The Club of Mozambique, an online publication, ran […]
12 Sep 2019
|
Ulande Nkomesha
Zesco gets $46m grant to rehabilitate Chishimba Falls hydro power station
Zesco managing director Victor Mundende says the rehabilitation of Chishimba Falls power station is expected to increase Zesco’s average annual electricity production by over 60,000 MW of electricity supply into the national grid by the […]
12 Sep 2019
|
Stuart Lisulo
US-SADC launch $370,000 hybrid maize seed export initiative
The U.S. government, in partnership with the Southern African Development Community (SADC) Secretariat and Zambian government, have formally commissioned the first hybrid maize seed export programme worth $370,000 from Zambia to the Democratic Republic of […]
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