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Business

INVESTRUST DEPOSITERS IN PANIC AT ZANACO BILL MASTER TWO DAYS PRIOR TO PAYOUT CLOSURE

INVESTRUST DEPOSITERS IN PANIC AT ZANACO BILL MASTER TWO DAYS PRIOR TO PAYOUT CLOSURE

Long queues have persisted at the Zanaco Bill Master branch in Lusaka, with two days remaining before the deadline for…
UK PLEDGES 2 BILLION POUNDS TO HELP FIGHT EFFECTS OF CLIMATE CHANGE

UK PLEDGES 2 BILLION POUNDS TO HELP FIGHT EFFECTS OF CLIMATE CHANGE

British High Commissioner to Zambia, Nicholas Woolley, has disclosed that his country has made available two billion pounds which Zambia…
ZESCO STARTS IMPORTING ELECTRICITY

ZESCO STARTS IMPORTING ELECTRICITY

ZESCO limited has disclosed the importation of electricity, effective 1st May 2024 in order to supplement the national power supply,…
OF UNENDING COSTS: ERB OKAYS NEW ZESCO TARIFFS

OF UNENDING COSTS: ERB OKAYS NEW ZESCO TARIFFS

Within just hours before Zambians could stomach increased fuel prices, they have yet again been hit by another economic bombshell.…
DELAY TO ACCESS THEIR MONEY FRUSTRATES INVESTRUST DEPOSITORS

DELAY TO ACCESS THEIR MONEY FRUSTRATES INVESTRUST DEPOSITORS

Scores of Investrust Bank Plc (in possession) depositors, who lined up at the Zanaco Bill Master Cairo branch, were frustrated…
ZAMBIA’S DEBT ROSE BY OVER $13 BILLION FROM 2006 TO 2022

ZAMBIA’S DEBT ROSE BY OVER $13 BILLION FROM 2006 TO 2022

An audit report released by the Auditor General on the stock of Zambia’s’ external debt increased from $1.02 Billion in…
LUNGU DENIES OWNING PROPERTIES IN ESWATINI

LUNGU DENIES OWNING PROPERTIES IN ESWATINI

Former Republican President Edgar Lungu has denied owning properties in the Kingdom of Eswatini. In a statement posted on his…
VALUE ADDITION WILL GROW ZAMBIA – EU

VALUE ADDITION WILL GROW ZAMBIA – EU

As Zambia commits to meet the three million ton copper production in ten years, the European Union( EU) has committed…
PROTEA HOTELS EMPLOYEE DISAPPEARS WITH OVER 5,000 DOLLARS

PROTEA HOTELS EMPLOYEE DISAPPEARS WITH OVER 5,000 DOLLARS

An employee of Protea Hotels in Lusaka, Bowas Chigoma, has allegedly disappeared with over 5, 000 dollars entrusted to him…
ZAMBIA LOSES $2.8 BILLION TO ILLICIT FINANCIAL FLOWS

ZAMBIA LOSES $2.8 BILLION TO ILLICIT FINANCIAL FLOWS

The Financial Intelligence Centre (FIC) has reported that Zambia lost 2.8 billion dollars due to financial illicit flow in the…
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