Economy

Court Order Halts Mahtani’s Attempted Theft of ZPC

An injunction issued by the Lusaka High Court yesterday has halted the criminal conduct of Finance Bank Chairman Rajan Mahtani from attempting to convene an illegal board meeting of Zambezi...

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Lubinda Dissolves FRA Board

The government has dissolved the board overseeing Food Reserve Agency alongside 10 other trusts and boards within the Ministry of Agriculture. Agriculture Minister Given Lubinda said that the 10 bodies...

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Shamenda to Sort Out Sex Scandal at Edgars Retail Store

Minister of Labour Fackson Shamenda has vowed to deal with Edgars Retail Store managers who are alleged to be sexually abusing female employees at the South Africa’s chain store. Shamenda...

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ERB Increases Fuel Prices

The Energy Regulation Board (ERB) has announced an increased the price of petroleum products by K 1.14 for petrol. According to a statement circulated to media today, the price of...

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Sex Scandal at Edgars Retail Store

The country manager for Edgars Retail Store has been named to be at a centre of a sex scandal together some senior managers at the South Africa’s chain store. According...

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Mahtani Doesn’t Own Any ZPC Shares, Says Former Lawyer

The embattled Finance Bank Chairman Rajan Mahtani is once again caught up in a high-profile dispute over his claims to own shares in the Zambezi Portland Cement Ltd. (ZPC) company,...

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State Media Journalists Upset with Kambwili’s Firings by Headline

Some members of the disbanded Times of Zambia and Zambia Daily mail boards have lashed out at Information Minister Chishimba Kambwili for announcing their dismissal through the media. According to...

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Some Millers Artificially Inflating Price of Mealie Meal

The Millers Association of Zambia (MAZ) has observed that there are some millers who are deliberately selling mealie-meal expensively in some parts of the country. The association has thus issued...

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Where Is Finance Bank’s Missing IPO?

Observers in Zambia’s banking community have been scratching their heads this month, wondering whatever happened with the long promised launch of an initial public offer (IPO) by Finance Bank Zambia...

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Central Bank Looks to Boost SMEs

Small and medium enterprises (SMEs) are often regarded as one of the most essential sectors of the economy, responsible for driving employment, innovation, and adding a dynamic aspect to the...

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