By MORGAN CHONYA
BARRICK Gold will spend close to US$90 million of its 2012 exploration budget for Zambia copper exploration. Barrick Gold’s 2012 exploration budget is US$450-US$490 million, of which approximately 40 percent will be capitalised.

By KELLY NJOMBO
BANK of Zambia (BoZ) deputy governor Bwalya Ng’andu says the financial industry has not developed a pool of qualified professionals to match the pace of development in the sector. Dr Ng’andu said currently, there is a shortage of qualified financial services professionals in the country due to lack of training facilities.

By NANCY MWAPE
TRANTER Resources Zambia Limited has called on Government to provide mining companies tax incentives to encourage them to undertake mineral exploration.

By TRYNESS MBALE
THE Zambia Chamber of Commerce and Industry (ZACCI) says it is concerned about the number of middle-men involved in the procurement process of oil which results in the high price.

By NANCY MWAPE and MORGAN CHONYA
A LUSAKA-based economist, Chibamba Kanyama says the inquiry on Zanaco Plc is having an adverse impact on the performance of the bank as reflected by the drop in share price.

By NANCY MWAPE
Bond and Derivatives Exchange Zambia Plc (BaDEx) chief executive officer Dominic Kabanje says inquiry on  Zanaco Plc will not have a material effect on the share price and the future of the bank.