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Read more about the article Zambia seeks ‘headroom’ in debt restructuring to grow economy

Zambia seeks ‘headroom’ in debt restructuring to grow economy

  • Post author:Website Editor
  • Post published:March 25, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

NEW YORK/LUSAKA - Zambia is working to finalise a long-delayed debt restructuring that would give it “headroom” to attract investment and jump-start economic growth, a senior government official said. Negotiations…

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Read more about the article Mopani pobo!

Mopani pobo!

  • Post author:Website Editor
  • Post published:March 25, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

KABANDA CHULU, THERESA KALENGA Lusaka PRESIDENT Hakainde Hichilema says Zambia will continue strengthening collaboration and promoting innovation because they are essential to growing the country’s mining sector aimed at creating…

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Read more about the article Zesco cuts down exports

Zesco cuts down exports

  • Post author:Website Editor
  • Post published:March 25, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

KABANDA CHULU Lusaka ZESCO Limited managing director Victor Mapani says the power utility has taken back 100 megawatts (MW) from the 420MW that is normally exported to help mitigate the…

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Read more about the article Mines urged to invest in legacy projects

Mines urged to invest in legacy projects

  • Post author:Website Editor
  • Post published:March 25, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

BUTTYSON KANDIMBA Solwezi ZAMBIA Chamber of Mines (ZCM) president Godwin Beene has called on mining companies operating in the country to invest in legacy projects that will have a lasting…

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Read more about the article Recruits to start producing bananas – ZNS

Recruits to start producing bananas – ZNS

  • Post author:Website Editor
  • Post published:March 21, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

JUSTINAH MUKUKA Katete TO HELP the nation cut down on banana imports, the Zambia National Service (ZNS) will use some of the over 600 Black Mamba recruit soldiers to undertake…

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Read more about the article Japan gives 3 NGOs $1.6 million

Japan gives 3 NGOs $1.6 million

  • Post author:Website Editor
  • Post published:March 21, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

CLAVER MUTINTA Lusaka THREE non-governmental organisations (NGOs) have been given grants worth US$1.6 million by the Japanese government to facilitate implementation of projects aimed at improving health service delivery in…

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Read more about the article Govt signs $10m deal to upgrade Nakonde border

Govt signs $10m deal to upgrade Nakonde border

  • Post author:Website Editor
  • Post published:March 21, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

NKOMBO KACHEMBA Lusaka GOVERNMENT has signed a US$10 million partnership support agreement and project charter with TradeMark Africa to upgrade infrastructure at Nakonde One Stop Border Post (OSBP). The project…

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Read more about the article Zambia, bondholders begin talks

Zambia, bondholders begin talks

  • Post author:Website Editor
  • Post published:March 21, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

LONDON/NEW YORK - A group of Zambia’s international bondholders has signed a non-disclosure agreement with the Government to discuss a US$3 billion debt restructuring proposal, three sources familiar with the…

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Read more about the article Govt launches irrigated maize project

Govt launches irrigated maize project

  • Post author:Website Editor
  • Post published:March 20, 2024
  • Post category:Business/Headlines
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JOHN CHAAMBWA Lusaka TO CATER for the likely shortage of the staple crop in the country due to poor rainfall, Government has launched a maize irrigation project on about 300…

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Read more about the article Zambia better than most countries – Absa official

Zambia better than most countries – Absa official

  • Post author:Website Editor
  • Post published:March 20, 2024
  • Post category:Business/Headlines
  • Post comments:0 Comments

TRYNESS TEMBO Lusaka A SENIOR economist says Zambia is comparatively in a better position economically than other countries on the continent.Absa Group senior economist Ridle Markus says despite the drought…

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