Economy
Government ups minimum capital requirements for banks from K12 billion to K104 billion
Government has hiked the amount of money investors must deposit with the Bank of Zambia if they want to establish a commercial bank, Mr...
Economy
Government warns Job Agencies collecting money as fees from unsuspecting desperate job seekers
Government warned job agencies charging fees that they risk prosecution for obtaining money by false pretences from unsuspecting desperate job seekers.
Minister of Labour...
Economy
Poverty levels still high – JCTR
THE Jesuit Centre for Theological Reflection (JCTR) says the cost of living in Zambia is still high, despite the inflation rate being stable in...
Economy
DEC working under political pressure – Zamtel Managing Director
Zamtel managing director Hans Paulsen has said that siezure of ZAMTEL accounts by the Drug Enforcement Commission (DEC) was unreasonable and calculated to frustrate...
Economy
ZAMTEL Accounts frozen because of suspected Money Laundering activities
Sources in Lusaka have told the Times of Zambia that authorities have frozen Zamtel accounts pending money laundering investigations as a result of the...
Economy
Government freezes all Zamtel bank accounts
Government has frozen all Bank accounts belonging to the troubled Zamtel Company. All deposits and withdrawals have been frozen literally grounding the company’s operations.
The...
Economy
Zamtel Final Report
On January 14th 2012 President Michael Sata directed the Minister of Justice Sebastian Zulu to release the Zamtel Report to the public in order...
Economy
Zambia is standing on very firm ground in terms of food security-Agriculture Minister
Zambia has robust maize stocks and sees little risk in using them to partly fill a regional gap as a supply crunch looms in...