Author: editor

By Derrick Sinjela in Lusaka In a Tuesday 15th September, 2020 Press Statement National Democratic Congress (NDC) Member of Parliament (MP) Roan Joseph Chishala pleaded with Luanshya Copper Mines PLC to set free miners illegally kept under quarantine by the Chinese Company. Mr. Chishala, an NDC Labour Chairperson Labour appealed to Luanshya Copper Mines PLC to immediately free the miners who illegally kept under quarantine by the Chinese Company. China Nonferrous Metal Mining (Group) Co., Ltd. (abb. CNMC, Chinese: 中国有色矿业集团公司​) is a Chinese corporation involved with the mining of non-ferrous mineral resources. Speaking to journalists in Lusaka, Chishala said, as...

‘Tortoise K10 billion Bank of Zambia disbursements worries Kelvin Chisanga By Kelvin Chisanga, Communications Specialist BOZ Stimulus Package currently on low economic endorsements, a portion swayed to social benefits on Individuals and households! The K10 billion stimulus package that was set up primarily to cushion the aggressive economic impact driven by COVID-19, was facilitated as a targeted and focused forward-looking economic measure as tactical tool to help in revamping the local economy through refinancing of economic agencies on a medium term conditions, with a maximum repayment tenure cycle of five years for strategic projects and minimum of two years based...

STANBIC to work with ZAM to drive industrialisation says Chief Financial Officer Mwindwa Siakalima Media Release with Pictures Monday 7th September, 2020 Lusaka, Zambia STANBIC Bank Zambia says it is prepared to work with the Zambia Association of Manufacturers (ZAM) and other stakeholders to accelerate the country’s economic diversification through value addition. The World Bank estimates Zambia’s manufacturing sector contributes less than 10 percent to national GDP. Bank Chief Financial Officer Mwindwa Siakalima noted that despite the rising numbers of COVID-19 cases, the country could ill afford to implement a full lockdown to flatten the curve due to its heavy...