Eleven Chinese companies to establish industrial plants in Zambia
About eleven Chinese companies plan to establish industrial plants in Lusaka with an initial investment of 1 billion United States Dollars.
Leading the delegation from...
Kwacha rebounds
THE Kwacha, which has been weakening in the past weeks, yesterday strengthened significantly from around K14.5 to the United States dollar to an average...
MTN hits 5m subscribers
MTN Zambia has crossed the five million subscriber mark in its 10 years of operations in Zambia.
MTN chief marketing officer Manu Rajan said this...
FQM records $420m loss
FIRST Quantum Minerals (FQM) has recorded a loss of more than $420 million after posting revenue of $673 million for the third quarter of...
Mpongwe Milling sold for $27.5 million to a South African company
South African agricultural company Zeder Investments Ltd agreed to pay $27.5 million for a Zambian maize and wheat milling firm, it said on Wednesday.
Mpongwe...
Nkhoma opposes calls to dollarize economy
Former Economics Association of Zambia President Noel Nkhoma says there is no need to dollarize the economy because the Kwacha will rebound.
Action Zambia Country...
Zamtel, Lap Green Networks saga deepens.
The Libyan Investment Authority (LIA) has launched legal action against Zambia over the alleged nationalisation of the Zambia Telecommunications Company (Zamtel).
The Authority will reportedly...
Cement prices to drop further
CEMENT prices are expected to drop further due to huge investments currently being witnessed in the cement production industry.
Commerce, Trade and Industry Permanent Secretary...
Sony unveils PlayStation 4 console
Sony on Monday gave video-game fanatics their first look at the PlayStation 4 — and it's a rectangular black box, just like all the previous PlayStations.
That may...