Carnival Furnishers Regional Manager On The Run

Carnival Furnishers Regional Manager On The Run

Carnival Furnishers Zambia Regional Manager, Josh Kabir is reported to be on the run after auctioning part of the company properties leaving over 200 workers stranded with four of the company outlets closed down. Carnival Furnishers Chingola Branch Manager, Francis Mubanga has since asked government to intervene in the alleged disappearance of Mr. Kabir and […]

THE ECONOMIC RECOVERY PROGRAM IS WEAK AND NEEDS AN URGENT ALTERNATIVE

17TH DECEMBER, 2020 STATEMENT FOR IMMEDIATE PRESS RELEASE. As Movement for National Transformation, (MNT) we are sad, to note that when the Country is going through serious economic challenges, including; Silence at critical times, by the Patriotic Front leadership in national interests, a subdued economic growth pattern since 2011, a weak fight against Corruption, politicization […]

COURT OF APPEAL STAYS JUDGEMENT, THE VENTRILIGLIA FAMILY TO CONTINUE RUNNING ZAMBEZI PORTLAND CEMENT

The Court of Appeal has stayed the Supreme Court judgement which ruled that all avenues in the  Court Appeal need to be exhausted before appealing to the Supreme Court, reports Zambian Eye Correspondent. This is a matter where Finsbury Investment and the Ventriliglia family are fighting over ownership of  Zambezi Portland Cement. On Thursday, 3 […]

betPawa paints Zambia Green Again!

Zambia’s most successful betting firm, betPawa has done it again, painting the country green in the most decorated manner. A check along the line of rail, stretching from Copperbelt to Lusaka revealed that the betting firm, through its marketing team has mounted green bill boards. In addition to that, most buses have been branded with […]

Local Businesses Urged To Show Resilience During Pandemic

FOR IMMEDIATE RELEASE (Lusaka, 4th September, 2020) – BUK Holdings Limited Chief Executive Officer Benjamin Katubiya(above) has encouraged local businesses to be resilient in the midst of the current covid-19 global pandemic. Speaking in Lusaka, Mr Katubiya said the pandemic has proven the importance of creativity and innovation for businesses to thrive. He said resilience […]

State Enters Nolle In The Theft of Director Case

The Director of Public Prosecution(DPP) has entered a Nolle prosequi in the matter in which Vinod Yaddula is accused of stealing USD 200 000, money belonging to Vikram Investments Limited. And Defence Counsel Mulambo Haimbe is happy that his client has finally been exonerated. Fact before the court are that Yaddula, 40 stood charged with […]

Simon Kabanda Protests Against Airtel

Development Activist Simon Kabanda on Saturday, 4th July took a lone protest, demonstrating about Airtel’s incompetence and poor services. According to Mr Kabanda, Airtel, a Zambian Mobile Service Provider could not provide him Zesco units, 48 hours after making a transaction. Tumfweko Media found the Development Activist sat on the floor in protest against Airtel’s […]

Copper Prices Rises, Kwacha to Shade Gains

Copper Prices Rises, Kwacha to Shade Gains

COPPER prices on the international market have continued to rise while the Kwacha is anticipated to shade some of its gains in the near term in the absence of healthy greenback inflows. China, the world’s top copper consumer, cut interest rates on its medium-term funding for financial institutions to the lowest level to combat the […]

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