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Business
6 Mar 2019
|
Stuart Lisulo
Mealie meal prices may not go down – Millers
Mealie meal prices may still not reduce if the cost of maize from the private sector remains high, says the Millers Association of Zambia (MAZ). But the Association has welcomed government’s move to lift the […]
6 Mar 2019
|
Stuart Lisulo
Zambeef appoints Roodt to succeed Grogan as new CEO
Zambeef Plc has appointed Walter Roodt as the company’s chief executive director with immediate effect. In a statement availed by sponsoring broker, Pangaea Securities Limited, Roodt has been installed as the agro-processing giant’s new executive […]
4 Mar 2019
|
Stuart Lisulo
Shoprite posts trading losses of 61.8m Rand
Shoprite Holdings Limited have incurred trading losses of nearly 62 million Rand in its non-RSA operations during its financial half-year compared to R552.7 million earned in the prior corresponding period. In a statement announcing its […]
4 Mar 2019
|
Stuart Lisulo
Govt’s new debt outpacing dismantling of arrears – BAZ
Government’s accumulation of new debt compared to the rate of dismantling its arrears owed to contractors and suppliers is still a concern because the debt pile-up is higher, says the Bankers’ Association of Zambia (BAZ). […]
4 Mar 2019
|
Stuart Lisulo
Lafarge Zambia appoints new CEO
Lafarge Zambia Plc has appointed Jimmy Khan as the company’s new chief executive officer effective February 12. In a statement availed by Lafarge Board Chairperson Muna Hantuba, Monday, the company announced that Khan has taken […]
4 Mar 2019
|
Thomas Mulenga
Govt lifts mealie meal export ban
Government has lifted the maize and mealie meal export ban, Minister of Agriculture Michael Katambo has announced. In a statement, Sunday, Katambo said the decision was made after wide consultations with stakeholders. And Katambo said […]
1 Mar 2019
|
Thomas Mulenga
Technology firm ponders drone-delivered courier services in Zambia
Global Air Media, a company specialised in drones, have announced their intention to set up a drones courier business in Zambia to ease the delivery of goods. US investor, Uno Umoh, who is co-founder of […]
1 Mar 2019
|
Stuart Lisulo
Inflation marginally drops to 7.8%
The annual rate of inflation reduced to 7.8 per cent for February, 2019, with food and non-alcoholic beverages accounting for 4.1 per cent, according to Central Statistical Office (CSO) data. Announcing Zambia’s annual rate of […]
28 Feb 2019
|
Zondiwe Mbewe
ERB cuts fuel prices by an average K1
The Energy Regulation Board (ERB) has announced the reduction of fuel prices from K16.06 to K15.20 on Petrol, K14.65 to K13.34 on Diesel and K16.94 to K15.72 Low Sulphur Diesel, effective midnight tonight. ERB adds […]
28 Feb 2019
|
Thomas Mulenga
Zambia needs predictable economic policies to attract FDI – Foote
United States Ambassador to Zambia Daniel Foote says in order for local businesses to grow, there is need for stable and predictable economic policies. And Minister of Commerce, Trade and Industry Christopher Yaluma says investors […]
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