Browsing the "Stories" Category
October 29, 2014 - 0 Comments

By JUDITH NAMUTOWE – A CONSORTIUM of Zambian investors has partnered with financial institutions in the country to construct a 100-room hotel in Samfya District of Luapula Province at the cost of US$20 million. Group...

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October 29, 2014 - 0 Comments

By KENNEDY MUPESENI – THE Kwacha yesterday showed some downward movement, on average trading between K6.35 and K6.40. A check at most of the bureaux and commercial banks in the Lusaka Central Business District indicated...

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October 23, 2014 - 0 Comments

By JAMES KUNDA? – THE Competition and Consumer Protection Commission (CCPC) has issued a red-alert against consumption and trade of Tiger branded foods from South Africa because of possible contamination. CCPC public health officer Twaambo...

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October 23, 2014 - 0 Comments

By KENNEDY MUPESENI? – ZAMBIA and Sweden has recorded about K600 million in export and import volumes in the last year, Swedish Ambassador to Zambia Lena Nordstrom has said. Ms Nordstrom said four Swedish companies...

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October 22, 2014 - 0 Comments

By KENNEDY MUPESENI? – CAVMONT Bank Zambia’s deposit base has increased from K278 million to?K348 million in the last one year. The bank has also recorded 20 per cent growth in terms of customer base....

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October 22, 2014 - 0 Comments

By JAMES KUNDA? – UNITED Kingdom (UK)-based bank HSBC has availed US$150 million for the financing of the proposed upgrading of four airports and aerodromes in Luapula Province. Lagan Group Limited, a British construction firm...

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October 22, 2014 - 0 Comments

By KAIKO NAMUSA? – MTN-Zambia will continue partnering with companies with progressive?innovations aimed at growing business. The telecommunications company has thus pledged to strengthen its?partnership with Times Printpak Zambia Limited, the publisher of the?Times of...

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October 22, 2014 - 0 Comments

By JAMES KUNDA?? – CREDIT ratings and risk analysis agency Moody’s Investors Service says?the listing of the Zambian Kwacha on the Johannesburg Stock Exchange ?(JSE) will achieve sovereign wealth for Africa’s second largest copper?producer. Moody’s...

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October 22, 2014 - 0 Comments

By JUDITH NAMUTOWE? – SAUDI Arabian investors have shown interest in investing in Chishinga Ranch which is being developed by the Government in Kawambwa District in Luapula Province. The investors are interested in investing in...

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October 21, 2014 - 0 Comments

By JAMES KUNDA – THE Food Reserve Agency (FRA) still owes farmers in excess of K600 million for the one million tonnes of maize it procured during the 2014/2015 crop marketing season. Agriculture and Livestock...

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