Farmers, buyers differ over cotton price
FARMERS and a consortium of cotton buyers in the country have reached a deadlock over the price of cotton in this year’s crop marketing season. The differences over the 2012 cotton prices were…
Zampost slashes cash transfer rates
ZAMBIA Postal Services Corporation (Zampost) has reduced transmission fees on all swift cash money transfers by up to 30 per cent to enable its customers send money affordably to their loved ones. The…
Zambia, Netherlands pen air service deal
THE Government has signed a bilateral Air Service Agreement with the Netherlands government that will allow both countries’ airlines to enter the respective markets without restrictions. The agreement will facilitate the ROYAL Dutch…
Copper should be processed locally, maintains Sichinga
Commerce Trade and industry minister Bob Sichinga says he has no apologies to make over his statement in which he suggested that there is need for the country to start processing copper locally….
Mansa Batteries Revamp On Cards
By JUDITH HARA – THE Government has indicated that it will soon revive the defunct Mansa Batteries Company in Luapula Province to enhance economic development in the region and create more employment opportunities…
Responses To Life Insurance Questions
By Webster Twaambo, Jr. – As promised last week, today I will attend to some questions and contributions which have been made over a period of time. For questions relating to Life Insurance,…
Conservation Farming Increases Agro Business Gains
By Kennedy Mupeseni – IN Zambia conservation farming has been proven to be a sustainable method of enhancing crop yield especially among small-scale farmers who can not afford fertiliser to enrich their fields….
Zambia targets 8 p.c. economic growth
THE Government targets to grow the national economy by eight per cent annually over the next five years as a way of significantly reducing poverty among the people in the country. Finance and…
BRIEF CASE: KLM a milestone in Zambia
THE much-anticipated inaugural direct flight into Zambia by the KLM Royal Dutch Airlines today is a milestone to the local aviation industry. Briefcase welcomes KLM into Zambia and believes the direct flight will…
Invest in textile industry – Mwaliteta
SOUTHERN Province minister Obvious Mwaliteta has called on Indian investors to consider investing in the textile industry which was once booming in Zambia. Mr Mwalileta said the textile industry has the potential to…
Handcraft producers eye China market
SAVE Environment and People Agency (SEPA), based in Zambezi District, is in the process of clinching a deal with a Chinese dealer that will help them market and distribute their handcraft products in…
Zambia to target 8 pct growth over next 5 years
LUSAKA May 14 (Reuters) – Zambia’s government will target annual economic growth of 8 percent over the next five years and wants to stabilise inflation around 5 percent in the medium term, Finance…
KLM inaugural flight direct to Lusaka
ALL is set for KLM Royal Dutch Airlines to launch its inaugural flight direct to Lusaka, Zambia tomorrow, May 15th 2012. This is according to a press statement released to the media by…
New coal discovery in Zambia
(MENAFN – ProactiveInvestors – Australia) African Energy Resources (ASX: AFR) is adding to its African coal inventory with a new discovery at the Sinazongwe prospect in Zambia close to existing coal mines. Multiple…
Zambezi Airlines to resume operations
ZAMBEZI Airlines is next month expected to resume regional operations following the company’s compliance to most aviation procedures and guidelines that led to the suspension of services last October. And Travel Port Zambia…
Draft Constitution: 20 To Be Drilled As Trainers
By Times Reporter – THE Constitution Technical Committee will embark on the orientation of 20 trainers, who will go out in the provinces to train community facilitators as copies of the first draft…
Farmers Beat National Maize Requirement
By MAIMBOLWA MULIKELELA – ENONMIC reforms in the early 1990s have stimulated economic growth with annual growth rates of above six per cent, mainly drBy MAIMBOLWA MULIKELELA ENONMIC reforms in the early 1990s…
Consult Stakeholders Widely, State Urged
By Business Reporter – THE Zambia Cooperative Federation (ZCF) has urged Government to consult stakeholders widely before setting up the maize floor price in the 2012 agricultural marketing season. Recently Minister of Agriculture…
Radian Stores, LG Electronics Invest $300,000
RADIAN Stores Limited and LG Electronics of South Korea, in a joint initiative, have invested more than US$300,000 to redefine after-sales services in Zambia through the use of the LG Care and Delight…
Zambia in K265 billion loan
The World Bank has given Zambia a 265 billion Kwacha loan to boost livestock production and animal disease control. Speaking at a signing ceremony for the loan, Finance Minister Alexander Chikwanda said the…
No portrait on Zambia’s rebased currency
The Central Bank of Zambia said the country’s rebased currency will not be bearing anyone’s portrait, Xinhua news agency reported. Zambia has embarked on a process of rebasing its currency by knocking off…
Konga opens K4.5bn hotel in Lusaka
A NEW hotel has been set up in Lusaka at a cost of K4.5 billion. The 40-room Diamondacres Hotel has been built by former Energy and Water Development minister Kenneth Konga, who said…
Trafigura Wins Zambia Oil contract
TRAFIGURA, the world’s third largest oil trader, is one of the six companies that have been awarded multi-billion Kwacha contracts to supply Zambia with undisrupted petroleum products for the next two years. The…
Zambia clinches $12m loan
THE Zambian Government has signed a loan agreement of US$12 million (about K63 billion) with the Saudi Fund for Development for the Kalabo–Sikongo–Angola border road project. The total cost of project implementation is…
Opposition leaders condemn suspension of Judges
Opposition political parties in Zambia have jointly condemned the suspension of three Supreme and High court Judges by republican President Michael Sata. And some lawyers are planning on the way forward to ensure…
