Business

US, Zambia look to enhance commercial ties

By Jane Chanda The U.S. government is this weekend launching its first ever Commercial Service Office aimed at enhancing trade and investment opportunities between the two countries. According to a…

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Foreign firms dominating high-value contracts, mine suppliers mourn

By Jane Chanda  Mine Suppliers and Contractors Association of Zambia (MSCAZ) president Costa Mwaba says Zambia’s mining sector is facing a crisis of local exclusion, with foreign firms dominating high-value…

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ERB increases diesel price from K28.90 to K30.11

By Jane Chanda  The Energy Regulation Board  (ERB) has maintained the price of petrol and kerosine at K32.70 and  K26.95 respectively for the month of November. The board has however,…

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Bus owners bemoan continued diesel shortages

By Jane Chanda  Bus and Taxi Owners Association chairperson Sydney Chewe says the ongoing fuel shortage in Zambia remains unresolved and has severely impacted the transportation sector due to the persistent…

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Be cautious when investing in emerging financial markets – Securities boss

Jane Chanda Securities and Exchange Commission (SEC) chief executive officer (CEO) Philip Chitalu says Zambians must exercise caution and educate themselves when investing in emerging financial markets to avoid scams. …

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FQM eyes $1.5 billion strategic partnership in Kansanshi, Sentinel

By Jane Chanda  First Quantum Minerals chief executive officer (CEO) Tristan Pascall says the company is considering strategic partnerships for its Zambian copper and Nickel assets, with a potential deal…

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Tanzania announces $1.4 billion Inter-connector with Zambia to help address energy crisis

By Jane Chanda  Tanzania’s Deputy Prime Minister and Energy minister Doto Biteko has announced a $1.4 billion investment in a grid Inter-connector with Zambia, aimed at alleviating the neighboring country’s…

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Empower local miners to benefit from mineral resources – Emerald Association

By Chinoyi Chipulu Emerald and Semi-Precious Stones Mining Association of Zambia President Victor Kalesha says there is need to empower local miners to ensure Zambians benefit from their natural resources.…

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Resumption of pineapple processing to change farmers lives – Vegetable Association

By Jane Chanda  Fruits and Vegetables Association president Bernard Sikunyongana says the Kalene Hills Fruit factory’s resumption of pineapple processing will revolutionise the industry and change farmers’ lives. And Sikunyongana says…

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Maimbo’s election will greatly help Africa – Musokotwane 

By Jane Chanda  Minister of Finance and National Planning, Dr Situmbeko Musokotwane, says Zambia is backing Dr. Samuel Munzele Maimbo, a seasoned World Bank vice president, for the presidency of…

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