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Airtel Zambia commissions 130 network sites

AIRTEL Zambia says it has commissioned about 130 sites under the Universal Access Network Rollout Project, a government supported programme aimed at expanding communication across the country especially in rural…

ZAMBEZI Oil Transport BOUGHT For US$2.5m

A LOCAL oil marketing company, Mashallah Investment Oil Company (MIOC) has acquired former Zambezi Oil Transport (ZOT) depot in Ndola at a cost of US$2.5 million. Former ZOT depot was…

BANK Of ZAMBIA (BoZ) FINALLY Announces Official Company PRINTING Zambian MONEY

WHEN Tumfweko first exclusively unearthed some ‘dirty operations’ which were taking place at the Bank of Zambia (BoZ) months ago, others thought it was just hearsay. The BOZ has now…

KLM Also To Launch Lusaka Service

Dutch carrier KLM will fly three times-weekly to the Zambian capital from May 15 next year, using A330-200 aircraft. The Amsterdam-Lusaka route will operate on Tuesday, Thursday and Saturday, departing…

Emirates Airlines To Market Zambia, Launches Flights To Lusaka

One of the largest airlines in the world Emirates plans to market Zambia’s tourism globally in over 100 destinations. Emirates will fly to Lusaka, and onwards to Zimbabwe’s capital Harare…

State To Float 45% PUBLIC MEDIA Shares

VICE-PRESIDENT Guy Scott says Government will soon offload 45 percent shares in the government-owned media institutions to the public. Dr Scott said discussions are under way to offload 45 percent…

12 Dutch Investors Jet In

REPRESENTATIVES of 12 Dutch investment companies are expected to arrive in Lusaka today for the first-ever trade and investment mission to Zambia since independence in 1964. The visit follows the…

INVESTRUST Bank Cuts Lending Rates By 4 %

INVESTRUST Bank has answered Government’s call for lower Kwacha base lending rate by reducing it from 20 percent to 16 percent per year. This measure is with effect from tomorrow…

NAPSA US$ 98 Million Deal Justified

The National Pension Scheme Authority has projected a profit of more than 200 million dollars from its investment in the Building Society house re-development. NAPSA Director-General, Stanley Phiri made the…

Zambia’s Timber Industry To Grow – Chibamba

Zambia’s Timber Industry is poised for growth, with the looming shortage in South Africa. Economist Chibamba Kanyama says the projected timber shortfall in South Africa provides an opportunity for other…