ZAMBEEF CLARIFIES MEDIA REPORTS REGARDING THE SALE OF CHIAWA FARM Zambeef, the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, notes the recent media commentary in Zambia, which has included reporting of a confirmation by the government that the state-owned Industrial Development Corporation (IDC) Limited is considering a… Continue reading ZAMBEEF CLARIFIES MEDIA REPORTS REGARDING THE SALE OF CHIAWA FARM
Category: Business
KULIMA-TOWER BUS DRIVERS ASSOCIATION CELEBRATES PRESIDENT HAKAINDE HICHILEMA’S THREE YEARS IN OFFICE WITH FARE REDUCTIONS
KULIMA-TOWER BUS DRIVERS ASSOCIATION CELEBRATES PRESIDENT HAKAINDE HICHILEMA’S THREE YEARS IN OFFICE WITH FARE REDUCTIONS August 14, 2024 Lusaka – The Kulima-Tower Bus Drivers Association, led by their Chairman, Mr. Nicolas Banda (AKA FaZa), is marking three years of President Hakainde Hichilema’s leadership with a significant gesture to the public. The association is celebrating the… Continue reading KULIMA-TOWER BUS DRIVERS ASSOCIATION CELEBRATES PRESIDENT HAKAINDE HICHILEMA’S THREE YEARS IN OFFICE WITH FARE REDUCTIONS
NEBULA GEORGE HEINZ AIRCRAFT MANUFACTURING TO ESTABLISH AIRCRAFT PLANT IN ZAMBIA
NEBULA GEORGE HEINZ AIRCRAFT MANUFACTURING TO ESTABLISH AIRCRAFT PLANT IN ZAMBIA Nebula George Heinz Aircraft Manufacturing, a leading company with operations in China and the United States, is planning to set up an aircraft manufacturing plant in Zambia. The company specializes in producing low-altitude, light public aircraft with a carrying capacity of up to 16… Continue reading NEBULA GEORGE HEINZ AIRCRAFT MANUFACTURING TO ESTABLISH AIRCRAFT PLANT IN ZAMBIA
KCM WORKER’S UNHAPPY WITH VEDANTA RESOURCES.MINE UNION
KCM WORKER’S UNHAPPY WITH VEDANTA RESOURCES.MINE UNION Konkola Copper Mine (KCM) workers are not happy with the decision made by Vedanta Resources for taxing the K2500 once off payment. National Union For Miners Allied Workers (NUMAW) president Saul Simujika said the workers thought that the investor will pay the entire money as promised but they… Continue reading KCM WORKER’S UNHAPPY WITH VEDANTA RESOURCES.MINE UNION
Zambia to import electricity from Zimbabwe and SA
Zambia announced Thursday it will import electricity from neighbouring South Africa and Zimbabwe as drought slashes hydropower output, leading to blackouts of up to 16 hours a day. The state-owned power company ZESCO will procure 218 megawatts of power from South Africa’s Eskom and the Zimbabwe Power Company, Energy Minister Makozo Chikote said. “The electricity… Continue reading Zambia to import electricity from Zimbabwe and SA
CORRUPTION IN NEW DAWN, ITS MILLIONS OF DOLLARS IN CASHLESS ECONOMY
CORRUPTION IN NEW DAWN, ITS MILLIONS OF DOLLARS IN CASHLESS ECONOMY The News Diggers is carrying a story on the ACC investigating Zambia Army and Ministry of Defence for corruption involving over 5 million US dollars. It’s been scandal after scandal. Anyway below is the story which also involves a Kenyan company: THE Anti-Corruption Commission… Continue reading CORRUPTION IN NEW DAWN, ITS MILLIONS OF DOLLARS IN CASHLESS ECONOMY
BRACE YOURSELF FOR MORE LOADSHEDDING HOURS…………as Maamba Collieries embark on maintenance
BRACE YOURSELF FOR MORE LOADSHEDDING HOURS…………as Maamba Collieries embark on maintenance The minister of energy, Hon. Makozo Chikote MP, has disclosed that Maamba Collieries Limited is scheduled to undertake mandatory maintenance commencing at the end of August 2024 and continuing into September 2024. An exercise will cause an extra power deficit of 135 MW for… Continue reading BRACE YOURSELF FOR MORE LOADSHEDDING HOURS…………as Maamba Collieries embark on maintenance
You need friends;Zim to support Zambia’s candidate in the AfDB race
You need friends;Zim to support Zambia’s candidate in the AfDB race President of the Bank, Dr. Akinwumi A. Adesina, a national of Nigeria, was elected on 28 May 2015, and commenced his first term on 1 September 2015. Following his re-election on 27 August 2020, Dr. Adesina commenced his last 5-year term on 1 September… Continue reading You need friends;Zim to support Zambia’s candidate in the AfDB race
IMF WARNS HICHILEMA OF SERIOUS PUNISHMENT
IMF WARNS HICHILEMA OF SERIOUS PUNISHMENT The International Monetary Fund (IMF) has warned Zambia against a proposed dedollarization initiative, citing the potential underminement of inflation control efforts. The IMF says the country’s economic conditions are not conducive to dedollarization, as it lacks low and stable inflation rates. The IMF’s warning comes after the Bank of… Continue reading IMF WARNS HICHILEMA OF SERIOUS PUNISHMENT
HICHILEMA REPLACES IGNATIUS MWANZA WITH NGENDA NYAMBE AS CEO OF ZICB
HICHILEMA REPLACES IGNATIUS MWANZA WITH NGENDA NYAMBE AS CEO OF ZICB The IDC has picked Ngenda Nyambe as new Chief Executive Officer of the Zambia Industrial Commercial Bank (ZICB) to replace Ignatius Mwanza. Mwanza, a veteran and astute banker, was fired for allegedly being too close to Lusaka Catholic Archbishop, Dr. Alick Banda. Mwanza sits… Continue reading HICHILEMA REPLACES IGNATIUS MWANZA WITH NGENDA NYAMBE AS CEO OF ZICB