ZDA receives applications for sugar production from investors
The Zambia Development Agency (ZDA) has disclosed that it has received several applications from investors who intend to go into sugar production.
ZDA Director General...
KWACHA WEAKENS AGAINST THE DOLLAR
A PICKUP in demand for the dollar from corporate buyers resulted into the kwacha closing its trading weaker than its performance on Wednesday.
Cavmont bank...
Gemalto to acquire SafeNet, the worldwide leader in data and software protection
Headquartered in Belcamp, Maryland, USA, and presently located in 27 countries, SafeNet is one of the largest dedicated digital information security companies in the...
Economy posts mixed results
THE Zambian economy is this year expected to post mixed results with some splendid macroeconomic indicators amid stunted growth.
Zambia is among Africa’s fastest growing...
UK BUSINESS IN ZAMBIA. The High Commissioner writes
UK BUSINESS IN ZAMBIA. The High Commissioner writes: This evening I found myself answering questions from British businessmen about, among other things, the availability...
Inflation drops to 21.8%
ZAMBIA’S inflation rate marginally dropped to 21.8 per cent in April from 22.2 per cent last month, mainly driven by a decrease in prices...
Zambeef loses $20m due to depreciating kwacha
ZAMBEEF Plc has recorded losses of over US$20 million in the 2015 financial year owing to the kwacha’s rapid depreciation.
According to Zambeef’s statement of...
INDECO to create 1 million jobs
GOVERNMENT has embarked on a master plan to stimulate industrial development and create about a million jobs in the next five years through the...
Berkeley Mineral Resources bashed as investors get impatient
Shares in Berkeley Mineral Resources (BMR) fell almost 6% in early trading on Monday before recovering slightly, after the company disappointed investors with its vagueness.
Pre-tax losses...