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Business

ZAMBIA RECORDS K1.1 BILLION TRADE SURPLUS

ZAMBIA RECORDS K1.1 BILLION TRADE SURPLUS

The Zambia Statistics Agency Monthly Dissemination Bulletin for October 2022 has revealed that the country recorded a trade surplus of…
ELON MUSK COMPLETES $44BN TWITTER TAKEOVER

ELON MUSK COMPLETES $44BN TWITTER TAKEOVER

The world’s richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of Twitter, according to US media and an…
SEPTEMBER INFLATION RATE DROPS TO 9.7 PERCENT

SEPTEMBER INFLATION RATE DROPS TO 9.7 PERCENT

Zambia’s annual rate of inflation for the month of October 2022 has decreased from 9.9 percent to the 9.7 percent,…
ZAMBIA’S GDP RECORDS 3.5 PERCENT GROWTH IN Q2

ZAMBIA’S GDP RECORDS 3.5 PERCENT GROWTH IN Q2

Zambia’s Growth Domestic Product (GDP) has recorded a 3.5 percent growth rate in the second quarter of 2022. This is…
KCM PICKS RAND MERCHANT BANK-RMB AS FINANCIAL ADVISOR

KCM PICKS RAND MERCHANT BANK-RMB AS FINANCIAL ADVISOR

Konkola Copper Mines (KCM) PLC has selected Rand Merchant Bank (RMB) as financial advisor to search for an equity partner.…
CHINA – ZAMBIA HOLD TRADE AND INVESTMENT FORUM

CHINA – ZAMBIA HOLD TRADE AND INVESTMENT FORUM

According to the ZDA Acting Director General, the Forum will help actualize the 2030 vision for the country to be…
FIVE COPPERBELT COMPANIES IN VAT FRAUD

FIVE COPPERBELT COMPANIES IN VAT FRAUD

The Zambia Revenue Authority (ZRA) says it has now prosecuted Five (5) companies on the Copperbelt on Value Added Tax…
FERTILIZER SUPPLY TENDER CANCELLATION CHALLENGED

FERTILIZER SUPPLY TENDER CANCELLATION CHALLENGED

Four fertilizer Companies have challenged government’s decision to cancel a public tender for the supply, delivery, warehousing and distribution of…
BANKER TESTIFIES HOW GBM ORDERED TRANSFER OF COLOSSAL CASH

BANKER TESTIFIES HOW GBM ORDERED TRANSFER OF COLOSSAL CASH

Another State Witness in the case of alleged corruption involving former defense Minister Geoffrey Bwalya Mwamba has narrated how she…
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