Business
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KCM pays employees redundancy packages following mining company splitKONKOLA Copper Mines Plc has announced that the first instalment of staff redundancy packages due to employees who had crossed over to the newly-created SmeltorCo Limited and Konkola Mineral Resources Limited were paid on March […]
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IMF to resume virtual discussions with Zambia on March 30ZAMBIA and the International Monetary Fund (IMF) will resume virtual discussions on the outstanding issues relating to the economic bailout package on Tuesday, March 30 and continue into the first two weeks of next month. […]
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Govt has nodded onion imports to maintain exports to DRC – ZNFUZNFU president Jervis Zimba says government’s decision to import onions despite banning the practise is meant to cushion the impact left by the huge exports to the Democratic Republic of Congo (DRC). Earlier this year, […]
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Saasa challenges govt to release debt management planECONOMIST Professor Oliver Saasa says Zambia still needs a debt management plan to help guide the path towards an International Monetary Fund (IMF) economic programme. In an interview, Prof Saasa said the presence of the […]
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This is no time for launching national airline – Captain MusengeAVIATION expert and former Zambia Airways employee Captain Charles Musenge says this is not the right time forZambia to set up an airline given the current situation in the sector. But Industrial Development Corporation (IDC) […]
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Mobile money transaction volumes swell to K105.6bnMOBILE money transactions in Zambia increased to K105.6 billion by the end of last year from K49.6 billion in 2019, representing a 113 per cent increment, according to ZICTA. And the Authority has revealed that […]
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No job losses once we take over Mopani – ZCCM-IHMOPANI Copper Mines Plc has no plans to make any employee redundant once ZCCM-IH takes full ownership from March 31, 2021, says acting chief executive officer Charles Sakanya. And Sakanya has insisted that ZCCM-IH’s imminent […]
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IDC writes to Mpulungu Harbor requesting for a loanTHE Industrial Development Corporation Limited (IDC) has written to Mpulungu Harbour Corporation Limited requesting for a K5 million loan. But IDC Group Chief Executive Officer Mateyo Kaluba says the money is meant to help out […]
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Zambian Breweries profits dwindle to K6mZAMBIAN Breweries Plc has posted reduced profit after tax of only K6 million in its financial year period ending December 31, 2020, mainly triggered by higher costs of production and the devastating impact of the […]
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Zanaco’s operating income soars to K2.3bnZANACO Plc has posted increased operating income of over K2.3 billion during its financial year period ending December 31, 2020, mainly boosted by higher returns from lending, which grew by 53 per cent. In a […]
