By JAMES KUNDA- ZAMBIA is expected to increase the total electricity output by 600 Megawatts (MW) by the end of this year after completing power generation projects in selected parts of the country. According to...
Read MoreBy MAIMBOLWA MULIKELELA- INDO Zambia Bank (IZB)’s business mix registered growth of nearly 20 per cent with total deposits reaching a level of K1.5 billion as at December 31, last year. Board chairperson Orlean Moyo...
Read MoreBy JAMES KUNDA – ZAMBIA’s Non-Traditional Exports (NTE’s) have been rising by over 20 per cent per annum as the country projects growth to continue in this sector, the Ministry of Finance has said. Ministry...
Read MoreBy JUDITH NAMUTOWE – THE Zambia Consumer Association (ZACA) has said the upward tariff adjustment by Zesco will negatively impact on the gains attained in the country’s economic development. ZACA executive secretary Sammuel Simutunda said...
Read MoreBy JUDITH NAMUTOWE – THE Development Bank of Zambia(DBZ) is interested in funding the Zambia Cooperative Federation (ZCF) which requires a total of K49 million to set up three milling plants in the country. ZCF...
Read MoreBy JAMES KUNDA – GOVERNMENT intends to release part of the recently secured US$1 billion sovereign bond to Tanzania Zambia Railway Authority (TAZARA) and Zambia Railways Limited (ZRL) to improve operations and infrastructure. Transport and...
Read MoreBy MAIMBOLWA MULIKELELA and JAMES KUNDA – THE Kwacha yesterday continued its downward trend against the United States dollar as financial analyst, Maambo Haamaundu urged the Government to step up its efforts in building public confidence. As...
Read MoreBy JAMES MUYANWA – THE Government collected total mineral royalty of K1.8 billion in 2013, which was 8.4 per cent lower than projected. In the year when the mines earned more than US$7 billion from...
Read MoreBy JAMES KUNDA – THE construction phase of a new lime manufacturing plant in Masaiti District is expected to be complete in the first quarter of 2015 at a cost of K250 million. The plant being constructed...
Read MoreBy JUDITH NAMUTOWE – A LUSAKA-BASED business executive has said the Government should help to build capacity for local entrepreneurs to enable them fully exploit available business opportunities. Insurance Brokers Association (IBA) representative Cosmas Kanguya...
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