Category: Business

GOVERNMENT ENGAGES CHINA’S STARTIMES GROUP TO BOOST ZAMBIA’S SOLAR POWER GENERATION The government is in discussions with China’s StarTimes Group to explore the installation of a solar power plant aimed at enhancing the country’s electricity generation capacity. Information and Media Minister Cornelius Mweetwa, who is also the Chief Government Spokesperson, stated that government has launched… Continue reading GOVERNMENT ENGAGES CHINA’S STARTIMES GROUP TO BOOST ZAMBIA’S SOLAR POWER GENERATION

LUNGU’S CABINET APPROVED THE SALE OF SBP- Dr. NAMA FORMER President Edgar Lungu’s Cabinet approved the proposal to sale Society Business Park (SBP) to the National Pensions Scheme Authority (NAPSA) at K230 million in 2020, contrary to claims by some politicians that the transaction was orchestrated by the New Dawn administration. Immediate-past Zambia National Building… Continue reading LUNGU’S CABINET APPROVED THE SALE OF SBP- Dr. NAMA

ZNBS Bought Manu Building from African Life Insurance at K89m ( $5.7million)-NAMA Zambia National Building Society -ZNBS Immediate Past Board Chairperson  DAVID NAMA has refuted claims that ZNBS bought a property called MAANU CENTRE at Elunda Park at 10 million United States dollars. Dr NAMA says the board bought the property at 89 million Kwacha… Continue reading ZNBS Bought Manu Building from African Life Insurance at K89m ( $5.7million)-NAMA

ZNBS BOARD CHAIRPERSON JEFF SAMUKONGA CONFIRMS BUYING ELUNDA PARK FOR $10MILLION …we have sold Zambia’s tallest building, Society House and bought Elunda Park…. Dear Madam Managing Director. It is with surprise and dismay that I have read this story regarding the purchase by Zambia National Building Society of the building at Addis Ababa round about.… Continue reading ZNBS BOARD CHAIRPERSON JEFF SAMUKONGA CONFIRMS BUYING ELUNDA PARK FOR $10MILLION…we have sold Zambia’s tallest building, Society House and bought Elunda Park

GOVT BUYS DIEGO CASSILIS BUILDING FOR $10MILLION …ZNBS buys the three-storey building owned by Diego Casilli for $10 million… Our Brief: HH will spend his retirement in prison* SCANDAL AFTER SCANDAL EXPOSURE # 2 GOVERNMENT BUYS A BUILDING FOR AROUND $10M FROM A PRIVATE COMPANY MBS16.08.2024 A 4 storey building (former MTN next to Citi… Continue reading GOVT BUYS DIEGO CASSILIS BUILDING FOR $10MILLION

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

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, 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 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