By KENNEDY MUPESENI – THE Lusaka Water and Sewerage Company (LWSC) has resorted to massive water rationing due to a 50 per cent reduction in water supply from various sources. The current water capacity is...
Read MoreBy JUDITH NAMUTOWE – THE business community in Zambia said President Michael Sata’s death will affect the economy in the short-term but that the long-term targets will remain on course. The Economic Association of Zambia...
Read MoreBy 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...
Read MoreBy 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...
Read MoreAS the country commemorates 50 years on Independence today, shop owners and traders alike may at least consider giving a 50 per cent discount on selected products throughout this long weekend. Shopping vouchers to a...
Read MoreBy 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...
Read MoreBy 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...
Read MoreBy JAMES KUNDA? – ZAMBEEF Products Plc projects to record increased profits following recent macro-economic stability recorded in the country’s economy.?Giving an update on the company’s performance for the year ending September 30, 2014, Group...
Read MoreBy 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....
Read MoreBy 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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