THE Bank of Nevis International Limited, a commercial bank operating on the West Indian island of St. Kitts and Nevis in the Caribbean, has bought a 24 per cent shareholding in Investrust Bank Plc, becoming

THREE miners’ unions have signed a Collective Bargaining Agreement (CBA) with Kalumbila Minerals Limited (KML) on behalf of more than 1,400 employees that will see unionised workers get an increased basic salary increment of K1,000

KONKOLA Copper Mines Plc has announced that the first instalment of staff redundancy packages due to employees who had crossed over to the newly-created SmeltorCo Limited and Konkola Mineral Resources Limited were paid on March

ZAMBIA and the International Monetary Fund (IMF) will resume virtual discussions on the outstanding issues relating to the economic bailout package on Tuesday, March 30 and continue into the first two weeks of next month.

ZNFU president Jervis Zimba says government’s decision to import onions despite banning the practise is meant to cushion the impact left by the huge exports to the Democratic Republic of Congo (DRC). Earlier this year,

ECONOMIST Professor Oliver Saasa says Zambia still needs a debt management plan to help guide the path towards an International Monetary Fund (IMF) economic programme. In an interview, Prof Saasa said the presence of the

AVIATION expert and former Zambia Airways employee Captain Charles Musenge says this is not the right time forZambia to set up an airline given the current situation in the sector. But Industrial Development Corporation (IDC)

MOBILE money transactions in Zambia increased to K105.6 billion by the end of last year from K49.6 billion in 2019, representing a 113 per cent increment, according to ZICTA. And the Authority has revealed that

MOPANI Copper Mines Plc has no plans to make any employee redundant once ZCCM-IH takes full ownership from March 31, 2021, says acting chief executive officer Charles Sakanya. And Sakanya has insisted that ZCCM-IH’s imminent

THE Industrial Development Corporation Limited (IDC) has written to Mpulungu Harbour Corporation Limited requesting for a K5 million loan. But IDC Group Chief Executive Officer Mateyo Kaluba says the money is meant to help out