By JOHN SAKALA Minister of Finance Felix Mutati has today told parliament that the Intermarket Banking Corpora...
By Staff Writer Radio Phoenix Founder and pioneer of Zambia’s first commercial private radio station, Er...
By JOHN SAKALA Minister of Finance Felix Mutati has today told parliament that the Intermarket Banking Corporation will be liquidated. Addressing Parliament today, Mr Mutati said that Intermarket Banking Corporation (IBC) Zambia Limited was possessed by Bank of Zambia on November 28, 2016 because the bank was insolvent, unable to meet its financial obligations. Below […] Read more
By Staff Writer Radio Phoenix Founder and pioneer of Zambia’s first commercial private radio station, Errol Hickey has died. Mr Hickey has been battling cancer the last few years. He was among Zambia’s first photo journalists, who later became film, television, radio, advert producer and later entrepreneur. Most of the iconic early images of an […] Read more
Finance Minister Felix Mutati has said the consultatative process for an IMF supported program will soon be completed and presented to Cabinet in readiness for a team from the fund (IMF) which will be coming to Zambia next month. The Minister was speaking to investors and British government officials at the Royal Institute of International […] Read more
The Bank of Zambia-BOZ- has projected a 3.9 percent economic growth rate this year. Central Bank Governor Denny Kalyalya says the country’s economic is further expected to grow by 4.6 percent next year. Dr Kalyalya said this at media briefing in Lusaka. He also announced that the country’s inflation rate is anticipated to remain stable […] Read more
African Development Bank -ADB- President Akinwumi Adesina has committed to secure funds needed for the development of Zambia’s energy and agriculture sectors. Dr Adesina has further pledged to support the Batoka project and investments which will lead to job creation in Zambia. The ADB president said this at his office in the Ivory Coast’s capital […] Read more
The 4 countries, Zambia, Tanzania, Burundi and Congo D.R which share the Lake Tanganyika, have proposed to work together in exploring for oil around the water body. The resolution was made at the 4-day International Conference on Hydrocarbons, held in Kalemie, in the DRC. The conference, which has since closed also resolved to set up […] Read more
By JOHN SAKALA Minister of Finance Felix Mutati has dissolved the Board of Directors for the Zambia National Building Society (ZNBS). The Minister has also dissolved the National Savings and Credit Bank (NATSAVE) Board. Both boards were dissolved with effect from end of business on Friday 17 February 2017. The Minister thanked the former members […] Read more
Former vice president Enock Kavindele unveils 20 Land Rovers 110 at Alliance Motors for the US$ 1.2 billion North Western Railway Project. Picture by Oscar Malipenga Share on: WhatsApp Read more
By JOHN SAKALA Bosnia and Herzegovina Chairman of Presidency, Mladen Ivanić, has called for increased cooperation with Zambia as the two nations forge stronger relations. Dr Ivanić made the call when Zambia’s Ambassador to Bosnia and Herzegovina, Humphrey Chibanda, presented his credentials at the Building of the Presidency on in Sarajevo. Speaking earlier, Ambassador Chibanda, […] Read more
A leading United Kingdom mining firm has started explorations for uranium in Siavonga District in Southern Province. Minister of Mines Christopher Yaluma says Groviacks Minerals have taken over the operating licenses of two firms initially awarded rights to explore for uranium in Siavonga. Mr. Yaluma says Africa Energy and Denison Mines have since handed over […] Read more
President Edgar Lungu has proposed the Chishinga Ranch breeding Center to be one of the items for discussion during the next week Monday Cabinet meeting. Speaking when he toured the Chishinga breeding Center in Pambashe area of Kawambwa District, President Lungu called for a discussion involving the Minister of Livestock, Luapula Provincial Minister and the […] Read more
In our quest to educate Zambia, we are accepting all Grade Nine pupils that sat for final exams and were not selected for Grade 10. If you have a full certificate you can immediately contact Nkisu Trust for a place in Grade 10. We are also still enrolling for Grade 10. We still have limited […] Read more
By KANCHELE KANCHELE Chairman and Chief Executive Officer of First Quantum, Philip Pascal has announced that the mining firm will pump in another $1billion into the operations in Zambia. Mr Pascal announced this when he led the FQM team that paid a courtesy call on the Zambian delegation at the Mining Indaba in Capetown. Pascal […] Read more
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