Economy

NAPSA BECOMES MAJORITY SHAREHOLDER IN ZAMBIA INDUSTRIAL COMMERCIAL BANK

Lusaka ~ Wed, 12 May 2021 By Brightwell Chabusha The National Pensions Scheme Authority (NAPSA) has increased its equity stake in Zambia Industrial Commercial Bank (ZICB) from 15.83% to 65%....

» Read More

KCM Trashes Bloomberg Report on Alleged Closure

Konkola Copper Mines has dispelled as false information attributed to Bloomberg suggesting that operations of the mine and its two subsidiaries at the Konkola Deep mine have been shut down....

» Read More

ZAMBIA IN ANOTHER MAIZE BUMPER HARVEST

Lusaka ~ Wed, 5 May 2021 By Brightwell Chabusha Zambia is expected to harvest over 3.6 million metric tonnes of maize from the 2020-2021 farming season compared to over 3.4...

» Read More

ZRA EXCEEDS REVENUE TARGET IN FIRST 4 MONTHS OF 2021, COLLECTS K5.8 BILLION

Nakonde ~ Tue, 4 May 2021 By Brightwell Chabusha The Zambia Revenue Authority (ZRA) has lifted all suspensions slapped on clearing agents who participated in the disruption of border operations...

» Read More

BoZ Gold Reserves Swell

The Bank of Zambia has purchased 282.79 kilogrammes of gold since December, 2020 at a cost of K345.6 million. About 195.95 kilogrammes was purchased from Kansanshi Copper Mining at a...

» Read More

CHAMBER OF MINES WELCOMES FITCH’S UPGRADE OF ZAMBIA’S RATING

Lusaka ~ Sat, 17 April 2021 By Brightwell Chabusha The Zambia Chamber of Mines has welcomes Fitch Ratings’ positive rating of Zambia with regard to the mining sector. Fitch has...

» Read More

IMF SEES POSSIBLE BAILOUT PACKAGE FOR ZAMBIA BEFORE AUGUST ELECTIONS

Lusaka ~ Fri, 16 April 2021 The International Monetary Fund (IMF) says it still hopes to reach a deal with Zambia before the August elections on an economic program that will form...

» Read More

BRAZILIAN BANK OFFERS SUPPORT TO SADC IMPORTS AND EXPORTS

São Paulo ~ Fri, 02 April 2021 By Brightwell Chabusha Standard Bank Brazil, one of the major financing institutions in Sub Saharan Africa, says it is ready to fund import...

» Read More

2 CEMENT COMPANIES FINED FOR PRICE FIXING, DIVISION OF MARKETS AS DANGOTE ESCAPES PENALTY

Lusaka ~ Wed, 31 Mar 2021 By Brightwell Chabusha The Board of Commissioners of the Competition and Consumer Protection Commission (CCPC) has fined Lafarge Zambia Plc and Mpande Limestone Limited...

» Read More

EAZ URGES PRIVATE, PUBLIC SECTORS TO PRODUCE MORE FOR WEALTH CREATION

Lusaka ~ Tue, 30 Mar 2021 By Brightwell Chabusha The Economics Association of Zambia has called on the private and public sectors to enhance productivity to grow the national income...

» Read More

TOPICS