Business & Finance – Page 6

MyBucks Insolvency Levels Confirmed At 141.6 Million, Placed Under Liquidation

The Statement of Affairs of Ecsponent Financial Services Limited (trading as MyBucks) in possession, has established the institution’s full extent of insolvency to be K141.6 million, as at 16th February,…

Cecilia Chiluba June 4, 2025

Agriculture Business & Finance

FRA Pegs 50KG Bag of White Maize at K340

Food Reserve Agency (FRA) has announced that it will be buying a 50kg bag of Grade A white maize at K340 during the 2025 crop marketing season, from K330 in…

Cecilia Chiluba June 3, 2025

Business & Finance

Mulungushi Conference Centre Declares First-Ever K8.3 Million Divident to IDC

Mulungushi International Conference Centre Limited (MICCL) has declared its first-ever dividend of K8.3 million to the Industrial Development Corporation (IDC), its shareholder. The dividend declaration follows a strong financial performance…

Cecilia Chiluba June 3, 2025

Business & Finance Mining

ANDD Hails Revival of Lubambe Shaft 2, KCM, Mopani Progress

Advocates for National Development and Democracy (ANDD) says the revival of Lubambe Shaft 2, as well as the progress being recorded at Konkola and Mopani Copper Mines are signs of…

Cecilia Chiluba June 2, 2025

Business & Finance Economy

IMF URGES ZAMBIA TO NAVIGATE WEAKER GLOBAL TRADE

By Cecilia Chiluba International Monetary Fund (IMF) Deputy Managing Director has urged Zambia to navigate weaker global trade, elevated uncertainty, and declining external assistance. Nigel Clarke who visited Zambia from…

Cecilia Chiluba May 8, 2025

Business & Finance Economy

ZAMBIA SIGNS DEBT RESTRUCTURING AGREEMENT WITH EXIM INDIA

By Cecilia Chiluba Zambian Government and ZESCO Limited have signed a debt restructuring agreement with the Export-Import Bank of India (EXIM INDIA), as part of a broader deal to address…

Cecilia Chiluba May 8, 2025

Business & Finance Technology & Innovation

COOMA SOLAR PLANT WILL FEED CLEAN POWER INTO NATIONAL GRID ONCE OPERATIONAL-GOVT

By Cecilia Chiluba Ministry of Energy says the soon to be constructed Cooma Solar Plant in Choma District, Southern Province, is a landmark renewable energy project with a generation capacity…

Cecilia Chiluba May 7, 2025

Business & Finance Entrepreneurship & Startups

CSOs LAUNCH US$1.3 MILLION PROJECT TO ADDRESS CHALLENGES FACING PEOPLE LIVING WITH DISABILITIES

By Cecilia Chiluba A consortium of Civil Society Organizations (CSOs) has launched a US$1.3 million project to address challenges faced by people living with disabilities in the wake of climate…

Cecilia Chiluba May 7, 2025

Business & Finance Economy Markets & Stocks

KWACHA POSTS RAPID GAINS AS US DOLLAR WEAKENS 7.83% YEAR-TO-DATE

By Cecilia Chiluba Zambian Kwacha has been on a consistent upward trend in the last seven days, appreciating against the US dollar. This is one of the strongest runs the…

Cecilia Chiluba May 7, 2025

Business & Finance Economy Policy & Regulation

ZAMBIA, ZIMBABWE CALL FOR ENHANCED COLLABORATION TO ENHANCE PRODUCT SAFETY

By Cecilia Chiluba Zambia Compulsory Standards Agency (ZCSA) and Zimbabwe’s Department of Quality Assurance and Trade Measures have called for enhanced collaboration with each other to support trade between the…

Cecilia Chiluba May 7, 2025