Zambia plans to start importing refined petroleum products from neighbouring Angola to lower the cost of fuel. Energy permanent secretary George Zulu has told Reuters that oil-rich Angola was willing to supply Zambia with petroleum, which the country has been importing from the Middle East. Mr Zulu says a technical team led by the minister […]

Solwezi Airport To Gobble 117 Billion Kwacha

First Quantum in conjunction with the Ministry of Works, Supply and Communication is spearheading a 117 Billion Kwacha upgrade of Solwezi Airport in North Western Province.antumtTT The upgrade will allow the airport to handle bigger aircraft like Boeing 737s, a development expected to further fuel the growth of diversified industries such as agriculture and tourism […]

AIRTEL Attains 50 Million CUSTOMERS Across AFRICA

ZAMBIA’s telecommunications giant Airtel now has over 50 million subscribers across the African continent, its acting Managing Director Navdeep Kapur has disclosed. This was revealed when the mobile service provider donated assorted items worth over 100 million Kwacha to vulnerable children in Lusaka’s Garden Compound. Kapur disclosed that Airtel was not only celebrating Christmas with […]

GRZ Told To REVERSE Law For 4th Mobile Telecomunications Provider

ZAMBIA Association of Chambers of Commerce and Industry (ZACCI) and Zambia Consumer Association (ZACA) have joined other calls for government to reverse the law restricting entry of the fourth mobile phone service operator. ZACCI president Geoffrey Sakulanda says the larger the number of players on the market the better because this help costs go down […]


ZAMBEEF Products Plc has pumped US$6 million in Zamanita to expand the plant’s edible oil crushing capacity and production efficiencies. The investment is expected to increase the crushing capacity to 100,000 metric tonnes per annum, increase percentage extraction of crude oil and provide improved crude oil refinery. Company chief executive officer Francis Grogan said Zamanita’s […]


Research In Motion Limited (RIM), the maker of Blackberry smartphone, is experiencing troubled times. The Canadian firm, which faced increasingly fierce competition from Apple iPhone and Google Android, saw its market share shrinks into single-digit percentage and stocks tumbled 80% in just 9 months. The rapid fall of Blackberry is a stark, frightening reminder of […]

STANBIC Bank Is 2011 Africa BANK Of The YEAR

A leading journal of the global banking industry, The Banker, has named the parent company of Stanbic Bank Zambia, Standard Bank, the 2011 Bank of the Year in Africa. In addition, The Banker also named Standard Bank the Bank of the Year in Botswana, Lesotho, Malawi and Zimbabwe. It is in recognition of Standard Bank’s […]

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 areas. Airtel managing director Fayaz King said rural communities will remain top of the company’s agenda as it develops state-of-the-art network. “By the close of […]

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 till the time of purchase operating as Samfuel Limited, the company which was using the facility under short-term lease. MIOC chairman Kelvin Sampa said in […]

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