By JUDITH NAMUTOWE? – PAN African commercial bank, BancABC, has signed a loan deal with the European Investment Bank (EIB) of K200 million to provide capital investment for the private sector in Zambia. EIB head...
Read MoreBy JAMES KUNDA? – ZAMBEEF Products Plc has recorded a profit of K15.6 million in the second half of 2014 ended September 30, owing to a strong turnaround of the business led by the Group’s...
Read MoreBy MAIMBOLWA MULIKELELA? – THE United Kingdom’s Department for International Development (DFID) has launched a £14 million Private Enterprise Programme-Zambia (PEP-Z) for private sector capacity growth in an effort to increase jobs in the country....
Read MoreBy HELEN ZULU? – A UNITED States (US) based company Syntek Global has introduced a fuel treatment product on the Zambian market that reduces fuel consumption for vehicles. The product dubbed Xtreme Fuel was unveiled...
Read MoreBy JAMES MUYANWA? – THE Kabwe Chamber of Commerce and Industry (KCCI) is saddened with the closure of Sable Zinc in Kabwe over the Value Added Tax (VAT) refund. KCCI president Sydney Tembo said the...
Read MoreBy KENNEDY MUPESENI? – STANBIC Zambia has proposed that Government should provide loan guarantees to enable investors in the energy sector access long term loans from commercial banks. Stanbic Zambia chief executive officer Charles Mudiwa...
Read MoreBy MAIMBOLWA MULIKELELA? – ZAMBIA will bid to host the headquarters of the Africa Minerals Development Centre (AMDC) of the African Union (AU). Mines, Energy and Water Development Minister Christopher Yaluma said hosting the AMDC...
Read MoreBy HELEN ZULU? – LOCALLY owned Mahogany Air, which recently suspended operations in the country has expressed interest to resume flight services. The airline suspended operations in September this year due to the lack of...
Read MoreBy JUDITH NAMUTOWE? – THE Government plans to construct earth dams to provide water for animals in the mostly dry parts of the country. Agriculture and Livestock Deputy Minister Luxon Kazabu in an interview in...
Read MoreBy KENNEDY MUPESEN?I – ZESCO needs US$4 million to upgrade transmission lines for effective transmission of additional electricity which is capable of ending the current power outages in the country. The country now generates power...
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