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Posts published in “Day: October 4, 2022

NATSAVE guarantees SMEs support

By JAMES KUNDA-THE National Savings and Credit Bank (NATSAVE) has signed a Memorandum of Understanding (MoU) with the Zambia Credit Guarantee Scheme (ZCGS) to support access to financing by Small and Medium Enterprises (SMEs).Finance and National Planning Minister Situmbeko Musokotwane said this followed the increase to SME funding from K50 million in the 2022 National […]

Zanaco investment securities increase by 53p.c

CHATULA KANGALI-ZANACO Bank Plc investment securities have increased by 53 per cent in the year ending June, 30 this year.The investment securities grew from K6, 952 million in the prior year to K10, 608 million in June this year.According to the audited financial results posted by the Lusaka Securities Exchange Commission (LuSE), the group continued […]

Govt keen to promote energy sector growth – Mubanga

By JUDITH NAMUTOWE-SMALL and Medium Enterprise Development Minister Elias Mubanga has pledged support to TotalEnergies as the Government under the Hakainde Hichilema administration champions this economy into private sector driven.Mr Mubanga says Government will give TotalEnergies the much needed support the company requires. Read more

Africa Food Festival tips Zambia

By MAIMBOLWA MULIKELELA-THE African Food Festival says Zambia needs to tap into the US$8.8 trillion food tourism to market the country’s cuisines.African Food Festival director Sonika Jung says food tourism is globally valued at US$8.8 trillion hence ...

168 applicants enter MTN MoMo Hackathon pitch promotion

By KENNEDY MUPESENI-THE 2022 MTN Mobile Money (MoMo) Hackathon pitch has received 168 registrations from passionate developers across Zambia who are eager to showcase their innovative solutions with the hope of being crowned this year’s Top MoMo Devel...

Girl(18) found dead near graveyard

AN 18-YEAR-OLD girl has been found dead near a graveyard in Sesheke of Western Province with police apprehending her 21-year-old boyfriend to assist with investigations in the suspected murder.Western Province deputy police Commissioner Fwambo Siame c...

Zesco’s application to raise connection fees rejected

By EMILY KUWEMA-ELECTRICITY consumers in Lusaka have rejected Zesco’s application to increase electricity connection by an estimated 213 per cent.However, the power utility company has defended the proposed hike, saying if the connection fees remain unchanged, the resulting effect on the economy would be loss of business opportunities and income for Small and Medium Enterprises […]

Phew! Free at last

By JAMES KUNDA – LUSAKA mobile money agent Pamela Chisumpa, who has been missing since April, this year, has been found in Lusaka’s Chalala area, along with 12 other girls in a suspected case of abduction.Inspector General of Police Lemmy Kajoba said in a statement yesterday that the 13 girls were rescued from a house […]

Woman to hang

By MAPULANGA LIBINGA-A WOMAN of Ndola who was charged with her daughter for the murder of her husband has been sentenced to death by the Ndola High Court.“It breaks my heart sentencing women because they look after their families but my hands are tied so I have no option but to sentence the accused person,” […]

‘2023 budget resets parameter for macroeconomic stability’

By JAMES KUNDATHE 2023 National Budget has reset the parameter for macroeconomic stability and the economy on a ‘Zambia Forward’ agenda, Secretary to the Treasury Felix Nkulukusa has said.Meanwhile, Zambia Revenue Authority Commissioner General Dingani Banda has announced a Tax Amnesty Programme which would run from October 1, 2022 to March 31, 2023 to accord […]

Govt orders Kabwe council to re-do social economic survey for degazzed Mpima forest

By MUNAMBEZA MUWANEI-THE Government has with immediate effect ordered the Kabwe Municipal Council (KMC) to re-do the Social Economic Survey for degazetted Mpima Forest.During the verification of genuine settlers of degazetted Mpima Forest in Kabwe yesterday, Lands Minister Elijah Muchima with his Local Government counterpart Gary Nkombo and Central Province Minister Credo Nanjuwa at Mpima […]