Browsing the "Business" Category
October 15, 2024 - 0 Comments

By KETRA KALUNGA – THE banking sector has in the first half of 2024 reported a profit after tax of K4 billion compared to K3.9 billion in the same period in 2023, a Banking Industry...

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October 14, 2024 - 0 Comments

By KENNEDY MUPESENI – THE Information and Communication Technology Association of Zambia (ICTAZ) has said the mining industry should leverage on technology to attain the three million tonnes of copper target.ICTAZ president Clement Sinyangwe said...

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October 14, 2024 - 0 Comments

By SNIKE MZULAH – THE Zambezi River Authority (ZRA) is considering a feasibility of abstracting water from the Congo River into Zambezi River in an effort to increase water levels at the Kariba Dam for...

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October 10, 2024 - 0 Comments

By KENNEDY MUPESENI –AFRICA GreenCo Group (GreenCo), has partnered with the United States InternationalDevelopment Finance Corporation (DFC) to provide US$40 million to support renewableenergy projects across Southern Africa.According to the joint statement, the strategic collaboration...

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October 9, 2024 - 0 Comments

By CHATULA KANGALI – ZAMBIA and Burundi have signed a Memorandum of Understanding (MoU) which will see the two countries connected through a fibre optic cable.The MoU sets the pace for a fibre optic cable...

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October 4, 2024 - 0 Comments

By CHATULA KANGALI – ZAMBIA has attracted $58 million investment in digital infrastructure following the removal of tax on importation of digital facilities in 2021.Technology and Science Minister Felix Mutati said the investment had helped...

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October 4, 2024 - 0 Comments

By ANDREW MULENGA – THE proposed 2025 National Budget cautiously reflects an optimistic outlook for Zambia’s economic recovery after having endured macroeconomic shocks this year.Zambia Institute for Policy Analysis and Research (ZIPAR) acting Executive Director...

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October 4, 2024 - 0 Comments

By KENNEDY MUPESENI and SNIKE MZULAH – FIRST National Bank (FNB) Zambia says fiscal measures proposed in the 2025 National Budget and the optimism surrounding the mining sector will result in the lower cost of...

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October 3, 2024 - 0 Comments

By KETRA KALUNGA – LUSAKA Securities Exchange (LuSE) market capitalisation for September has closed at K166 billion, representing a monthly increase of 15 per cent and a year-to-date growth of 87 per cent.LuSE Chief Executive...

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October 3, 2024 - 0 Comments

By ANDREW MULENGA – THE resumption of the European Union (EU) support to Zambia’s national budget is a mark of confidence cooperating partners have in the ‘New Dawn’ Government’s fiscal prudence and economic reforms, economic...

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