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1 Jun 2018
|
Abraham Kalito
ZCCM-IH earns K729m profit
ZCCM-IH posted a profit after tax of K729 million during its financial year ending March 31, 2017, from incurring losses of nearly K3 billion in the previous corresponding period. And ZCCM-IH have expressed optimism in […]
1 Jun 2018
|
Stuart Lisulo
Zambia’s gross reserves plummet to 12-month low
Zambia’s gross international reserves have fallen below US$2 billion for the first time in over a year, triggered by the need to finance the country’s widening current account deficit, Bank of Zambia data reveals. According […]
31 May 2018
|
Abraham Kalito
You can’t predict contingencies in a budget – Msiska
Secretary to the Cabinet Roland Msiska has asked cooperating partners to help Zambia create a solid 2019 budget plan. And Dr Msiska says anyone who thinks they can predict contingencies in a budget are either […]
29 May 2018
|
Mirriam Chabala
Fraudulent selection of agro-dealers messing up e-voucher – Hamududu
The Electronic Voucher lacks transparency in the selection of agro-dealers as some of them have been conniving to benefit from some farmers’ e-cards, says Party of National Unity president Highvie Hamududu. And Hamududu, the former […]
28 May 2018
|
Mirriam Chabala
Govt must step foot in mining industry, exploit copper revenue – Habazoka
Economist Dr Lubinda Habazoka has urged government to step it’s foot in the mining industry to ensure that it exploits meaningful revenue from the sale of copper. And Dr Habazoka says those who privatised companies […]
28 May 2018
|
Abraham Kalito
ICT capable of contributing more to Zambia’s GDP than agriculture – US Agency
The United States Agency for International Development says there is chance that the percentage of Gross Domestic Product GDP afforded by Information and Communications Technologies ICT’s will outweigh that which is afforded by agriculture and […]
28 May 2018
|
Stuart Lisulo
Radisson to open Park Inn Hotel in Lusaka
Radisson Hotel Group have announced that Park Inn, a new hotel, will be opening in Lusaka by 2020 to meet growing tourism demand in Zambia. In a statement, the group announced that Park Inn, the […]
24 May 2018
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Abraham Kalito
ZCCM-IH becomes majority shareholder of Investrust Bank
ZCCM-IH Plc has increased its shareholding in Investrust Bank Plc from 45.4 per cent to 71.4 per cent, becoming the majority shareholder following acceptance of the mandatory offer from the bank’s minority shareholders. According to […]
24 May 2018
|
Stuart Lisulo
Zambia’s debt worrying UK investors, says British envoy
British High Commissioner to Zambia Fergus Cochrane-Dyet says UK investors’ number one concern is the country’s public debt situation. According to brief remarks posted on the British envoy’s Twitter feed, High Commissioner Cochrane-Dyet stated that […]
23 May 2018
|
Stuart Lisulo
Erratic changes to mining fiscal regime damaging credibility – study
Tax experts say the erratic frequent changes to the Zambian mining fiscal regime in the last four years have damaged its credibility and have led to negative relations between government and the industry. According to […]
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