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Business
24 Nov 2017
|
Mirriam Chabala
BoZ announces plans to pay former Intermarket Bank customers
The Bank of Zambia has announced that payment modalities for the Intermarket Banking Corporation depositors have been concluded and that customers will start receiving their monies next week. In a public notice yesterday, the Bank […]
23 Nov 2017
|
Sipilisiwe Ncube
Debt levels worry BoZ
Bank of Zambia Governor Danny Kalyalya says more efforts need to be made in order to contain the high debt levels which have significantly risen in the recent past. And Dr Kalyalya says it is […]
23 Nov 2017
|
Sipilisiwe Ncube
Surveillance cameras will replace traffic police on the roads – Mushimba
Transport and Communications Minister Brian Mushimba says the concession agreement between the RTSA and Intelligent Mobility Solutions (IMS) once implemented, will bring an end to the era of traffic police officers on the roads. In […]
21 Nov 2017
|
Mirriam Chabala
$25m ADB loan to building society will push national housing agenda – ZUFIAW
The Zambia Union of Financial Institutions and Allied Workers has welcomed the recently approved $25 million loan by the African Development Bank to Zambia National Building Society (ZNBS) meant for institutional capacity. In a statement […]
20 Nov 2017
|
Mirriam Chabala
World Bank approves $26.5m loan for REA
The World Bank has approved a $26.5 million credit facility to the Rural Electrification Authority (REA) to improve electricity access in Zambia. At a media briefing in Lusaka today, REA chief executive officer Geoffrey Musonda […]
20 Nov 2017
|
Mirriam Chabala
Mismanagement of national resources exacerbating inequality – Oxfam
Oxfam Zambia has observed that government’s failure to take action against individuals cited to have mismanaged the country’s resources is the cause of sustained inequality and an obstacle to poverty reduction. Commenting on the revelations […]
18 Nov 2017
|
Mukosha Funga Njenga
Zim crisis may affect revenue collection – ZRA
Zambia Revenue Authority (ZRA) Commissioner General Kingsley Chanda says the country’s revenue collection will be greatly affected if the political crisis in Zimbabwe degenerate into chaos because most of Zambia’s imports and exports transit through […]
18 Nov 2017
|
Mukosha Funga Njenga
Debt standoff with LAP Green will cost Zambia – FDD
Antonio Mwanza says the standoff between LAP GreenN and the Zambian government will dent the country’s credit reputation, a situation which will attract serious consequences. Libyan investment portfolio LAP GreenN has vented anger at Finance […]
18 Nov 2017
|
Mukosha Funga Njenga
Rising middle class in Africa will boost tourism – Lungu
President Edgar Lungu says tourism will be boosted by the rising disposable income in Africa. Speaking during the opening of the UNWTO International Conference on Promoting Sustainable Tourism at Government Complex in Lusaka today, President […]
16 Nov 2017
|
Zondiwe Mbewe
Siliya doesn’t consult farmers before making decisions – ZNFU
Zambia National Farmers Union president Jervis Zimba says farmers have no appetite to participate in this year’s farming season because the PF government has destroyed the agriculture sector. And Zimba says the farming sector is […]
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