Category: Business

By Derrick Sinjela The Commonwealth Enterprise and Business Council has invited Zambia’s MINISTER OF FINANCE MARGARET MWANAKATWE as a VIP SPEAKER at the Commonwealth Business Forum on the sidelines of the April 2018 Commonwealth Heads of State and Government Summit in London, United Kingdom (UK). Delivering a congratulatory message, at the Ministry of Finance (MoF) in Lusaka, envoy to Chairman of the Commonwealth Enterprise and Investment Council (CWEIC) LORD MARLAND OF ODSTOCK, ALISTAIR JOHNSON, said the Commonwealth Business Forum is on platform on which to showcase the soundness of Zambia’s economic reforms. In a Media Statement by Ministry of Finance...

By Derrick Sinjela THE Elizabeth Nkumbula led Workers Compensation Fund Control Board (WCFCB) has signed a three year Memorandum of Understanding (MoU) with Zambia National Commercial Bank (ZANACO) facilitating payments to beneficiaries through the bank’s system. WCFCB Head of Communications and Customer Services Maybin Nkholomba told local media that the Board’s beneficiaries will access their individual funds through Xapit ATM (automated teller machine) cards, proven to be a fast and easy payment solution. As Zambia digitalises her commercial activity, recipients of the WCFCB will benefit from the comparably countrywide ZANACO, which is in all the  ten Zambian provinces, namely; Central,...

View Larger Image Escalating violence, daunting logistical challenges and insufficient funding have prompted the United Nations food relief agency to broaden its emergency operation in the war-ravaged Kasai region in eastern Democratic Republic of the Congo (DRC). To prevent famine in the Kasai region, the World Food Programme (WFP) is stepping-up cash distributions to the most vulnerable, and specialist support to check acute malnutrition in women and young children. “The nutrition and cash programmes are life-saving, and must quickly expand,” Claude Jibidar, WFP’s Representative in DRC, said Friday. Since last week’s cash initiative launch – a cost-efficient alternative to in-kind support...