Monday, November 18, 2024

Economy

We have not received formal notification on the reversal-FirstRand

South African financial services group FirstRand said today it had received no formal notification that its purchase of Zambia's Finance Bank had been reversed. Zambian...

Roadway infrastructure, minimum wages and production viability in Zambia

By Nellow Simukonde (Civil Engineer) In the last 10 years, Zambia has seen a huge influx of used vehicles from Japan. Many individuals and families...

KCM in $500 million windfall

STANDARD Bank has provided a US$500m (K2.5 trillion) bridge finance facility to Konkola Copper Mines plc (KCM) that will be used to refinance shareholder...

Sata orders Shamenda to immediately revise minimum wage

President Michael Sata has ordered for the revision of the current minimum wage which stands at K 419 000. Mr Sata says the current minimum...

Sata orders enquiries into Zamtel & Finance Bank

President Michael Sata has ordered investigations into the sale of Finance Bank and Zamtel. And President Sata has directed Justice Minister Sebastian Zulu to determine...

Zambian Exports Must Be Cleared by Central Bank-Sata

President Michael Sata has ordered that all exports from the country need to be cleared by the central bank. The government, formed this week after...

Tax from mining companies not enough-Wilbur Simusa

Reuters reports that the tax the Zambian government is getting from mines in Africa's top copper producer is not enough and may need to...

Zambians want the sale of Zamtel and Finance bank to reversed-Bishop Mambo

Bishop John Mambo says Zambians expect the Patriotic Front Government to correct the wrongs of the previous MMD regime. Bishop Mambo has cited the sale...