Economy

Top ZNBC Post in Limbo

There is a tight contest between two top Patriotic Front (PF) diplomats Frank Mutubila and Ben Kangwa as the two are ‘fighting’ over the job of Director General at the...

» Read More

President’s Nephew Nabs Major Road Contract

An in-depth investigation by Zambia Reports has revealed that the Roads Development Agency (RDA) under control of State House has single-sourced a contract worth hundreds of million of kwacha to...

» Read More

Mahtani Holding Title Deeds to State Newspapers

Finance Bank Chairman Rajan Mahtani allegedly holds the title deeds to both the Times of Zambia and the Zambia Daily Mail, the country’s two government-sponsored newspapers, a source informs Zambia...

» Read More

Mahtani Seizes ZNBC Land

Finance Bank Chairman Rajan Mahtani has recently seized control of a prime plot of land belonging to the state broadcaster ZNBC, a source tells Zambia Reports. Mahtani’s bank exercised a...

» Read More

Mismanagement at Central Bank Ails Zambian Economy

Some Ministry of Finance officials have blamed the continued delay to appoint Bank of Zambia Deputy Governor for Operations as one of the reasons the financial market is not performing...

» Read More

Safari Hunting Ban Lifted; Big Cats Spared

Tourism and Arts Minister Jean Kapata has with immediate effect lifted the ban on Safari hunting that was imposed by then Tourism Minister Sylvia Masebo. Ms. Kapata announced in Lusaka...

» Read More

Weak Kwacha Prompts Layoffs at Lafarge Cement

The LaFarge Cement company is pondering laying off some 30% of its workforce of 670 employees, according to a memo circulated by a group of unionised workers. Lafarge Cement, which...

» Read More

Mahtani Sued Over Unpaid Pensions to Finance Bank Workers

The controversial multimillionaire Rajan Mahtani has been dragged to court by 163 former workers who allege that he refused to pay them pensions they are owned under the Finance Bank...

» Read More

Zambia Poorest in 2014, Behind Zimbabwe, Gaza & Haiti

Zambia has been ranked as the poorest country in the world in 2014 with an alarming poverty rate of 86 percent coming behind Zimbabwe, war prone Gaza and calamity ravaged...

» Read More

Doubts Surround Mahtani’s Finance Bank Listing Plans

Rajan Mahtani, the chairman of Finance Bank, made an exciting announcement this week, as the state media Times of Zambia and Zambian Daily Mail both published articles announcing that the...

» Read More

TOPICS