By MAIMBOLWA MULIKELELA – LUIRI Gold Limited, a base metal exploration and development company has entered into a binding Heads of Agreement (HOA) with Bamboo Rock Limited for the sale of a 75 per cent...

By JAMES KUNDA – THE Pan-African Building Society (PABS) has in 2013, spent a total of K11million on loans and leases to retail and corporate clients. PABS Ndola branch manager Jones Mulenga said in an...

By JAMES KUNDA – FRIDAY saw the Kwacha having a reversal in fortunes as it slid against the United States (US) dollar, losing K0.20 on the day. Zanaco bank reports that interbank trading began the...

ByMAIMBOLWA MULIKELELA – Government has singed a Statutory Instrument (SI) Number 103 of 2013, which brings into effect the Customs and Excise Duty for Public Benefit Organisations. The SI which also brings into consideration Amendments...

By MAIMBOLWA MULIKELELA – ZAMBIA’s year end inflation rate increased to 7.1 per cent from seven per cent recorded in November 2013, while the country has posted its first trade deficit of K327 million since...

By JAMES KUNDA – MEALIE-MEAL prices in the country are expected to remain above K65 despite Government offloading additional stocks of maize to millers for increased production. According to Millers Association of Zambia (MAZ) president...

CHICKEN King restaurant on Broadway in Ndola is among eateries which deserve commendation for maintaining high standards of service in 2013. The food and beverages served in this establishment have always been top-notch and waiters...

By KENNEDY MUPESENI – HEN-WOOD Foundation Zambia, a New Apostolic Church faith-based organisation, has spent more than K165,000 on income-generating activities which include the establishment of a sausage processing plant and a piggery. A total...

By BRIAN HATYOKA – FALLSWAY Timbers Limited, a Livingstone-based wood processing firm, is planning to diversify its business portfolio and set up a K10-million food processing plant next year. The new line of business, which...

By JAMES KUNDA – ZAMBIA Railways Limited (ZRL) plans to transport 1.6 million tonnes of cargo in 2014, chief executive officer Muyenga Atanga has said. Professor Atanga announced in Ndola that company had set the...