Business
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Digital money transactions hit K76bnBy BUUMBA CHIMBULU ELECTRONIC money transactions have hit K76.0 billion in the first quarter of this year owing to improved usage of digital channels by consumers. The value of electronic money transactions increased from to K76.0 billion recorded in the first half of 2021 from K43.1 billion recorded in the first […]
Natsave set to launch digital app BUUMBA CHIMBULU writes@SunZambian NATSAVE will launch a digital App in the second half of the financial year meant to enhance the digital platform services. The digital App is currently in its final testing, says Malcom Chabala who is Natsave Chief Executive Officer.Mr Chabala emphasised that the App would en-hance […]
IBA BEMOANS POOR CONTENT IN MEDIA PRODUCTIONS By ANDREW MUKOMATHE Independent Broadcasting Authority (IBA) says despite the authority growing the broadcast industry in the country, it is concerned with the quality and content of the media houses. Director- Standards, Licencing and Compliance Eustace Nkandu has observed that some television stations and radio stations are still […]
ELLEN MAKINISHI writes @SunZambian THE private sector in Zambia, like in many other developing countries is key to spur economic growth and development. If effectively managed, the sector has potential to address most of the economic challenges that the country grapples with. As a base, mixing human skills and investment, the private sector is critical […]
An agriculture officer in Nalolo district has urged farmers in Sianda and Kataba areas to start preserving food so as to increase its shelf life. Ms. Patience Munalula said preserving food helps farmers to have continuous food supply throughout the year. Ms. Munalula was speaking today at Lubosi primary school during a food preservation and value […]
BUUMBA CHIMBULU writes @SunZambian LAFARGE Zambia Plc has reached an agreement with Pan African Cement Limited to dispose of 14 per cent shareholding in Mbeya Cement Limited in Tanzania for K26.221 million. According to a notice of advice to the shareholders and the market participants, Lafarge would dispose of 14 per cent shareholding Mbeya in […]
BUUMBA CHIMBULU writes @SunZambianTHE Bank of Zambia (BoZ) should not make any revisions to the monetary policy position and statutory reserves as doing so may spike inflation at a faster rate or add liquidity pressure in the financial market. The Monetary Policy Committee (MPC) had in its first meeting on February 17, this year hiked […]
SUN BUSINESS writes GOOD Time Steel (GTS) Limited will in the next two years create an addition 2000 jobs as part of its expansion programme across Zambia and the SADC region, Company General Manager Jack Huang has said. Speaking during the commemoration of the 2021 Labour Day celebrations held in Lusaka recently, Huang said GTS […]
BUUMBA CHIMBULU writes @SunZambian OVER K550 million has been accessed by the First National Bank (FNB) Zambia under the Bank of Zambia’s stimulus package meant to provide relief to key economic sectors and households impacted by the Covid-19 pandemic. FNB Zambia Chief Executive Officer, Bydon Longwe, said 80 percent of the funds had been channelled […]
BUUMBA CHIMBULU writes @SunZambian THE recent amendment of the Public Procurement Act of 2008 is expected to improve efficiency that should ultimately benefit Zambians, says Consumer Unity Trust Society (CUTS) board member, Sajeev Nair. Mr Nair said a well performing public procurement system increases citizens’ confidence in Government, promotes private sector competitiveness and growth as […]
