Business
Business, markets, companies, mining, banking, economy, and entrepreneurship in Zambia.
By RABECCA LUNGU DAKA THE Southern Africa Development Community (SADC) Cross Border Traders Association says inequality and weak support for small businesses in Zambia are driving tension between local traders and foreign operators. Executive Director Jacob Makambwe noted that many Zambian SMEs are struggling to compete because they lack the scale and organisational […] To continue reading, you must subscribe to either DAILY, WEEKLY or MONTHLY Plans.
ZCCM-IH Chief Executive Officer, Kakenenwa Muyangwa has described the joint venture with Mining Mineral Resources to develop mining resources in Mufumbwe in North Western Province as a significant step to formalising the gold sector. Mr Muyangwa says the state-owned firm is taking a controlling position in a project with strong geological potential, alongside an experienced operating partner. He said the […]
Business Times (ZBT) shows that Zambia exported […]
By BUUMBA CHIMBULU ZCCM Investments Holdings Plc (ZCCM-IH) has incorporated a new special purpose vehicle, Kyalo Goldfields Limited (KGL), to spearhead gold exploration and mining activities in the Kikonge area of Mufumbwe District in North-Western Province. According to a market announcement issued by Company Secretary Charles Mjumphi, the company was officially incorporated on May […] To continue reading, you must subscribe to either DAILY, WEEKLY or MONTHLY Plans.
Morgan Muunda protests UPND adoption process .chooses to stand as an Independent parliamentary candidate in Chawama. The UPND has adopted Eng. Abel Ngamdu as candidate for Chawama Constituency. Tonse Pamodzi Alliance is featuring former FDD MP, Bright Nundwe. He writes: Today, I officially signed my nomination papers to contest as Member of Parliament for Chawama […]
Can Zambia’s Kwacha appreciate to K15 per […]
By BUUMBA CHIMBULU ZAMBIA’S economy is showing growing signs of stability and resilience, with foreign reserves climbing to US$6 billion, inflation easing and electricity supply improving significantly, although high commercial lending rates and looming fuel price pressures continue to threaten the pace of recovery, says Financial and Economic Expert Andrew Chibuye. The Bank of […] To continue reading, you must subscribe to either DAILY, WEEKLY or MONTHLY Plans.
By BUUMBA CHIMBULU ZCCM Investments Holdings is reportedly seeking to increase its shareholding in several mining operations as Zambia looks to secure greater value from copper and other critical minerals. Company Chief Executive Officer Kakenenwa Muyangwa said the company intended to raise its stakes in mines where it already held interests, although any expansion would […] To continue reading, you must subscribe to either DAILY, WEEKLY or MONTHLY Plans.
CHARLES CHANDA BACKS PRESIDENT HICHILEMA IN THE AUGUST POLL The leader of the United Prosperous And Peaceful Zambia party, Charles Chanda, has thrown his weight behind President Hakainde Hichilema and the ruling UPND ahead of the August general election Mr Chanda was disqualified from contesting the presidency himself. He says since his name will not […]
Sunday Chanda adopted on UPND ticket ahead of elections. FORMER Patriotic Front (PF) Kanchibiya Member of Parliament Sunday Chanda has been adopted to stand on the UPND ticket to contest the seat he held while in opposition. Mr Chanda has since thanked President Hakainde Hichilema and the party’s National Management Committee for the confidence reposed […]
