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Fuel Prices Reduced

The Energy Regulation Board (ERB) has effected a minimal reduction in fuel pump prices with effect from midnight 28th November. Crude oil prices on the international market have been on…

Emirates Offers up to 30% off for Travellers From Zambia

LUSAKA, ZAMBIA, November 21, 2014: Emirates, which flies daily direct from Lusaka to Dubai and Harare, is offering travellers from Zambia up to 30 percent discount on Business Class and…

BOZ Increases Lending Rate To Keep Inflation Low

The Bank of Zambia has increased its Policy Rate to 12.5 from 12 percent last month. The policy rate is used as a yard stick on which commercial banks can…

Kwacha On Jo’burg Stock Exchange

THE Zambian Kwacha, which has been struggling against major foreign currencies of late, has broken new ground after it was listed on the Johannesburg Stock Exchange (JSE) on Friday alongside…

Zamtel And NEC Agree On Microwave Backbone And Access Project To Boost Mobile Coverage And Capacity Across Zambia

    The investment will lead to the realization of a state-of-the-art national IP microwave backbone and access network     LUSAKA, Zambia, September 10, 2014/ – Zamtel (http://www.zamtel.zm) and…

Parmalat Unveils K5 Billion Milk Powder Plant

armalat Zambia Limited has commissioned a new five billion kwacha milk powder plant at its Mungwi road premises in Lusaka.   Speaking during the commissioning of the plant in Lusaka…

KCM Audit Completed, GRZ Satisfied With Report

Government has concluded the Auding of Konkola Copper Mine- KCM.   Mines Minister Christopher Yaluma has told ZNBC News in an interview today that some of the finding in the…

BOZ Withdraws 97 Percent Of Old Currency Fro Circulation

About 97 percent of the old currency has so far been withdrawn from circulation and a sum total of K4.5 billion injected in the market as legal tender the Bank…

Government Earns Over US$ 30 Million From Toll Gates

Government has in the last six months raised over US$30 million from toll gates erected on seven weigh bridges in Zambia, says Transport Minister Yamfya Mukanga Mr Mukanga said only…

FQM Withdraws $1 bn Investment

FIRST Quantum Minerals Plc has postponed investment worth US$1 billion in capital projects in Zambia due to uncertainty on the fiscal regime. Company director of operations Matt Pascal said while…

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