The Pensions and Insurance Authority (PIA) has cautioned members of the public to only deal with licensed insurance players to safeguard and protect their interests. In a statement, communications manager Doreen Silungwe stated that the

Standard Chartered Bank earned a net profit after tax of over K267 million, beating the competition for the highly-vetted number one position in the market in terms of profitability, the bank’s results show. In a

Green Party leader Peter Sinkamba says the current mode of supplying fertilizer to farmers using agro-dealers under the electronic voucher system has proven to be fraudulent because it has provided an opportunity for criminals to

Finance Minister Margaret Mwanakatwe says she is targeting to secure an International Monetary Fund (IMF) economic bailout package by the end of this year. According to Bloomberg, Mwanakatwe made the remarks on the side-lines of

The kwacha has depreciated against the South African rand to breach the K0.90 per rand for the first time since November, 2015. And financial market analyst Mambo Hamaundu says the kwacha’s depreciation against the rand

Zambezi Portland Cement (ZPC) management has noted the shareholding verdict by the Court of Appeal, but will only comply with the decision if Finsbury Investments Limited fulfils the main condition of paying the K580 million

Zambia Airways Limited has appointed Ethiopian national Bruk Endeshaw Abebe as the company’s inaugural chief executive officer effective immediately. In a statement availed by acting chairperson of the board of Zambia Airways Bonaventure Mutale, SC,

Mines Minister Richard Musukwa has hinted that government may make temporary rebates to some mining companies over the disputed 2019 fiscal regime if they show justifiable cause. But his Finance counterpart Margaret Mwanakatwe has contradicted

First Quantum Minerals (FQM) director Philip Pascal has expressed concern that the mining industry will be adversely affected by the recent tax changes because of unique circumstances such as the gold export tax. But Minister

First Quantum Minerals Limited (FQML) has offered the Zambian government US$700 million to buy off the latter’s 20 per cent stake in its subsidiary Kansanshi Mining Plc through ZCCM-IH. According to Bloomberg, the Canadian miner,