FQM Introduces A Cattle Treatment Programme To Boost Livestock Sector

KALUMBILA, ZAMBIA – The first 115 cattle have been de-wormed, dosed, ear tagged, sprayed and treated for wounds under a new livestock programme introduced by First Quantum Minerals’ Trident Foundation. The new initiative, in partnership with the Ministry of Fisheries and Livestock, aims to boost the livestock sector in the areas surround the company’s Sentinel […]

Banks Not Ready For The T-PINs

Banks Not Ready For The T-PINs

The Bankers Association of Zambia has expressed its concerns at the way the Zambia Revenue Association has gone about implementing the newly-introduced law requiring every bank account holder to have a T-PIN (short for tax-payers identification number), saying banks have been caught on the hop. BAZ CEO Leonard Mwanza said while banks were aware of […]

South African Firm Granted $30, Million Solar Contract

South African Firm Granted $30, Million Solar Contract

GOVERNMENT has granted a South African firm the rights to supply affordable solar energy to farm blocks in Zambia worth US$30 million to meet the electricity demand. The project will be initially, implemented in Nansanga, Luena, Manshya and Lusiwasi farm blocks. Gridbow Engineers will partner with Government to supply power to the farm blocks through […]

Zambia Loses Over $1.5bn In Premiums

Zambia Loses Over $1.5bn In Premiums

ESTHER MSETEKA, Lusaka ZAMBIA’S insurance sector lost over US$1.5 billion in premiums between 2009 and 2015 due to loop-holes in trade, the Insurers Association of Zambia (IAZ) has disclosed. IAZ president Paul Nkhoma said there are a lot of premium leakages in the country with significant amounts of insurance policies such as the payment of […]

Proflight Promotes Domestic Tourism With Dstv Family Competition

Proflight Promotes Domestic Tourism With Dstv Family Competition

Lusaka, Zambia – Proflight Zambia has partnered with Multichoice DSTV in a competition in which five families stand the chance to win flights to Livingstone this April. The airline is sponsoring a total of 25 discounted tickets to the tourism capital in the competition, which runs from January 20 to March 31, 2017. “Proflight recognises […]

EU, French Firm Take Kariba Dam Plunge

EU, French Firm Take Kariba Dam Plunge

A DEAL for the rehabilitation of the Kariba Dam Plunge Pool has been sealed following the signing of a K530 million contract between the European Union (EU) and the French contractor, Razel-BEC. Meanwhile, Finance Minister Felix Mutati took advantage of the ceremony to implore cooperating partners to extend the gesture of funding the Kariba Dam […]

Kwacha In Slight Gain

Kwacha In Slight Gain

MARKET experts say the local currency still remains in a positive territory following a depreciation seen at the opening of trading last week. According to Cavmont Bank’s treasury market update, the kwacha gained slightly at the close of trading last Friday after breaking the K10 psychological barrier to trade around K10.20 per US dollar. “Friday […]

Zambia Has Capacity To Export 2 Million Goats Monthly To Saudi Arabia

WE have the capacity as a country to supply the one million goats monthly which Saudi Arabia has requested, says Small Livestock Association of Zambia vice chairman Trust Chasha. In an interview in Lusaka yesterday, Mr Chasha expressed confidence that farmers were capable of meeting the Saudi demand for goats and urged the Government to […]

Kwacha Holds Firmly Against The Dollar

Kwacha Holds Firmly Against The Dollar

The kwacha has continued to perform positively this week against the US Dollar, following increased support from sellers and exporters. According to Cavmont Bank Zambia daily market report, the local unit was quoted at K9.650/K9.700 in early trade. By noon, the currency had appreciated to K9.55o/K9.600. The Kwacha’s recent performance is in contrast to other emerging […]

BoZ Closes 3 Micro Finance institutions

THE Bank of Zambia (BoZ) has closed and placed two micro finance institutions (MFIs) under compulsory liquidation due to insolvency. This entails that an organisation, or individual, can no longer meet its financial obligations with its lender or lenders as debts become due. BoZ named Commercial Leasing Zambia Limited and Genesis Finance Limited into compulsory […]

1 2 3 20