Business
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SUN BUSINESS writes @SunZambian LOCAL and foreign investors should take interest to invest in Lusaka South Multi-Facility Zone as only 15 percent of land has been occupied so far, acting Minister of Commerce and Industry Mutotwe Kafwaya has said. The minister said investing in the multi-facility economic zone would help in creating jobs as well […]
BUUMBA CHIMBULU writes @SunZambian GOVERNMENT needs US$300 million to complete the on-going projects at Mopani Copper Mines, as it relies on productivity to repay the loan owed to Glencore. About a week ago, Glencore agreed the sale off its majority stake in Mopani Copper Mines to Zambia’s mining investment arm ZCCM-IH in a US$1.5 billion […]
BUUMBA CHIMBULU writes @SunZambian A US$100 million factory which will be manufacturing ceramic tiles at the Lusaka South Multi-Facility Economic Zone (LS-MFEZ) is expected to be commissioned in the next two months. The commissioning of the factory will result into over direct 1,000 jobs, says Keda Zambia Company Limited Project Director, Jie Ma. Mr Jie […]
SUN BUSINESS writes @SunZambian WORLD Bank has ranked Zambia third in Sub-Saharan Africa with regard to providing an enabling environment for agribusiness to thrive in the private sector. According to the Enabling the Business of Agriculture (EBA), 2019 report, Zambia on a scale of 0-100 scored above average overall for countries in Sub-Saharan Africa and […]
BUUMBA CHIMBULU writes @SunZambian UNIFI, previously known as Unity Finance, has committed to unlocking financial possibilities for customers through products and services. Company Chief Executive Officer, Emil Paul, says Unifi was committed to unlocking financial possibilities for customers through products and services which were tailored to their needs. Mr Paul said Unifi had continued to […]
BUUMBA CHIMBULU writes @SunZambian GOVERNMENT will next month hold virtual meetings with the International Monetary Fund (IMF) to negotiate an extended credit facility, Secretary to the Treasury Fredson Yamba, has said. Mr Yamba said this follows a request by Government for a formal programme with the IMF, and a high level visit to the country […]
BUUMBA CHIMBULU writes @SunZambian @SunZambianTHE suspension of customs duty on imported manufacturing inputs will spur growth in the manufacturing sector, increase jobs and exports, Zambia Association of Manufacturers (ZAM) president, Ezekiel Sekele. This follows introduction of the Statutory Instrument (SI) Number 110 of 2020, allowing for suspension of customs duty on imported manufacturing inputs which […]
BUUMBA CHIMBULU writes @SunZambian THE Bank of Zambia (BoZ) sold K1.793 million (US$84.2 million) worth of treasury bills in the debut sale of 2021 held this month. The auction sale which held on Thursday last week, earned the Central Bank K1, 793 million. Given an appetite in excess of two yards in Kwacha terms, the […]
SIMON MUNTEMBA writes @SunZambian THERE is need to walk the talk if Private Public Partnership (PPP) ventures are to bear fruit, President Edgar Lungu has said. And President Lungu said his government would continue transforming the entertainment industry through partnerships such as the one with Multi-Choice. The Head of State said this when a delegation […]
BUUMBA CHIMBULU writes @SunZambian THE private sector should meet tax obligations to assist Government recover the K3 billion it will forego due to the zero rating of the fuel importation, the Zambia Association of Manufacturers (ZAM) has advised. Government this month included diesel and petrol on the zero-rating schedule of the Value Added Tax (VAT) […]
