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AG report exposes over K483m embezzled in petroleum sector

AG report exposes over K483m embezzled in petroleum sector

OVER K483 million was embezzled in the procurement of petroleum products between January 2019 to December 2022, a special report…
Zanaco records K5.28 bn revenue

Zanaco records K5.28 bn revenue

ZANACO Bank has announced a K5.28 billion revenue for the financial year  December 2023.
UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine

UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine

JOHANNESBURG - International Resources Holding (IRH), a unit of Abu Dhabi’s International Holding Company, said it intends to bid for…
Sparc Systems gift ICTAZ K100, 000

Sparc Systems gift ICTAZ K100, 000

SPARC System Zambia has donated K100, 000 to the Information and Communications Technology Association of Zambia (ICTAZ) towards the general…
51pc shares in Mopani not sold, says Kabuswe

51pc shares in Mopani not sold, says Kabuswe

GOVERNMENT has clarified that the 51 percent shares in Mopani Copper Mines have not been sold.
Ghana seeks to speed up debt restructuring negotiations

Ghana seeks to speed up debt restructuring negotiations

ACCRA - Ghana wants to speed up remaining debt restructuring negotiations, its Finance minister said on Tuesday, as the government…
Brazil, Zambia seal deal to boost cotton industry

Brazil, Zambia seal deal to boost cotton industry

ZAMBIA and Brazil have signed a US$1.6 million bilateral project to support the country’s cotton sector.
75pc external debt restructured, says Musokotwane 

75pc external debt restructured, says Musokotwane 

GOVERNMENT has  disclosed that so far 75 percent of the external debt has been restructured.
Debt deal to trigger fairly priced capital-ZCM

Debt deal to trigger fairly priced capital-ZCM

THE Zambia Chamber of Mines (ZCM) is confident that the bondholder debt agreement positions the country to avail local businesses…
Let’s actualise deals – HH

Let’s actualise deals – HH

PRESIDENT Hakainde Hichilema has asked his Botswanan counterpart President Mokgweetsi Masisi to ensure that signed agreements are not just on…
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