Friday, March 29, 2024

Headlines

FIC releases the latest report, Zambia’s continues losing money through illicit activities

The 2018 money laundering/terrorist financing trends report has revealed that Zambia incurred losses estimated at K6.1 billion linked to financial crimes such as Tax...

ZESCO’s daily 4 hour load shedding concerning – CTPD

The Centre for Trade Policy and Development is concerned with the recently pronounced decision by Power Utility Company Zesco to commence daily four-hour load...

Hungry Lion and Chef 187 bus it with burgers

Lusaka’s bus commuters were left surprised by top Zambian rapper Chef 187, when he treated lucky passengers to Hungry Lion’s Big Boss burgers made with 100% pure...

Bloomberg news report paints a grim picture for Zambia’s economy, only bold investors would put in the money

Bloomberg reports that the spread on the Zambia’s $750 million of debt maturing in September 2022 rose above 2,000 basis points this week. At...

Zambia is still a favorable destination for investment in the mining sector-Mines Minister

Minister of Mines and Minerals Development Richard Musukwa has assured Zambians, the international community and investors that Zambia is still a favorable destination for...

Mumbi Phiri withdraws threat to expose Ministers trying to destabilize PF

PF deputy secretary general Mumbi Phiri has withdrawn her recent statement where she threatened to reveal names of some ministers allegedly destabilizing the party. In...

I am ready to invest more in Zambia, Government’s current Position will harm investor confidence-Anil Agarwal

Vedanta's Chairman Anil Agarwal says on he was prepared to invest in increasing Zambian copper production to 400,000 tonnes, creating another 10,000 jobs at...

FAZ picks Kamanga over Kalusha Bwalya for CAF post

The Football Association of Zambia has decided to endorse Andrew Kamanga for the post of CAF Executive Committee Member. This was after the FAZ Ethics...