Category: Latest News

FNB Zambia ‘Bank on Wheels’ bringing banking closer to people

FNB Zambia ‘Bank on Wheels’ bringing banking closer to people By DERRICK SINJELA FNB Zambia Head of Retail Banking Mwamba Musambo unveiled a state-of-the-art mobile banking unit offering “mobility, accessibility, and an innovative customer experience. Earlier, FNB Zambia staff held a Friday, 21st April, 2023 roadshow across Lusaka introducing the new Mobile banking unit tagged as MAX: Mobility, Accessibility & Experience designed to bring comprehensive banking services right to all Zambian doorsteps. During a brief unveiling event at East Park Mall in Lusaka, Ms. Musambo explained that an actual launch the Bank on Wheels service will happen soon. Said Musambo:...

ZNS Mining enterprise will complement Zambian Agriculture, insists Dr. Richard Silumbe

By Derrick Sinjela Leadership Movement (LM) President Dr. Richard Silumbe is prodding the United Party for National Development (UPND) leadership to help Zambia National Service (ZNS) embark on a mining expedition in Zambia to complement agriculture production. And citing huge deposits of mineral ore in Zambia, Uranium, to mention but one, Leadership Movement Secretary General (SG) Jairos Ngoma wants local investors led by the Zambia National Service to venture in the extractive industry.A concerned Mr. Ngoma wants the News Dawn Administration led by President Hakainde Hichilema, through Defence Minister Ambrose Lufuma, Mines Minister, Paul Kabuswe, Home Affairs Minister, Jack Mwiimbu...

Engage ZNS in Mining to Supplement Agriculture, prods Dr. Richard Silumbe

By Ashton Kelly Bunda Leadership Movement (LM) President Dr. Richard Silumbe has, urged the United Party for National Development (UPND) New Dawn Administration led by Hakainde Hichilema to help Zambia National Service (ZNS) embark on a mining expedition in Zambia to supplement agriculture production of which they are duty bound. Dr. Silumbe said the Zambian currency will be one of the strongest in Africa if there is a consistent flow of foreign exchange due mining activities in the economy, hence the buying power will be benefitting some local people who are striving to start business activities. Dr. Silumbe told the...

How Has 5G Impacted Zambia’s Economy So Far?

THE introduction of 5G technology in Zambia has been said to have had a significant impact on the country’s economy. 5G, the fifth generation of wireless technology, is faster and more reliable than its predecessors, making it an essential tool for businesses and individuals alike. But just how big of an impact has 5G truly had on Zambia’s economy? We always hear about how beneficial 5G is, but what are the real impacts of this so-called “revolutionary” technology? This is a fantastic question, and it is one we are going to explore in this article. Let’s jump right into it...

Seven Nominations for Zambian Series & Movies in the 9th Africa Magic Viewer’s Choice Awards

  By DERRICK SINJELA IT’S OFFICIAL! The nominees of the 9th edition of the prestigious Africa magic viewer’s choice awards have been announced. The nominees who were announced on Sunday, 15th April, 2023 by Bisola Aiyeola and Adjetey Anang, feature Zambian film productions, read a Press Release, circulated on Friday, 21st April 2023 by Chilufya Mwelwa, Head of Corporate Affairs at Multichoice Zambia. The AMVCAs recognise and celebrate outstanding performances in African television and film across diverse genres. Out of the announced categories, ten (10) are open to public votes, while others will be decided by the AMVCA panel of...

Developing countries overtake developed ones

    FOR the first time the BRICS countries have overtaken the G7 in terms of aggregate gross domestic product.  By the end of 2022, the GDP of the BRICS reached 31.5% of the global economy, while the share of the G7 was 30.7%. The significant growth of economic power of the BRICS can easily be called a landmark event not only in the economy, but also in world history. For several centuries, the leading industrial, financial and political centers of the world were located in the West. Europeans, and later the US, dominated development for a long period, and...

President Hichilema meets CCZ

Lusaka, April 20, 2023, ZANIS—President Hakainde Hichilema has reaffirmed government’s commitment to work with the church towards the country’s economic transformation agenda. President Hichilema says the church plays a vital part in driving the country’s economic agenda, hence the need to constantly engage them on issues of national interest. ZANIS reports that the President said this today when he held an engagement with the Council of Churches in Zambia, at State House in Lusaka, on matters of national interest. The Head of State assured his administration’s resolve to ensure that equity and fairness are centrally placed in all areas of governance. Mr Hichilema...

Zambian Economy registers 4.7 growth

By Henry Chunza SINCE President Hakainde Hichilema took over as Seventh (7th) Republican Head of State and Government, the Zambian economy has registered a convincing 4.7 per cent, a record only comparable to 2014, when a similar pattern was recorded during 5th Republican President, the late Michael Charles Chilufya Sata’s reign. Both local and international economic think-tanks are painting a growth pattern as Zambia moves closer toward consolidating her prosperity trajectory, as a land of opportunity for those with a zeal for diligence. Luckily for Zambia, her 4.7 per cent Gross Domestic Product (GDP) growth is showing light at the...

GLOBALink | Flying through stunning landscapes along Grand Canal with FPV drone

GLOBALink | Flying through stunning landscapes along Grand Canal with FPV drone

GLOBALink | Flying through stunning landscapes along Grand Canal with FPV drone Source: Xinhua Editor: huaxia 2023-04-18 13:30:32 BEIJING, April 18 (Xinhua) — Almost 3,200 km long in total, the Grand Canal is the world’s longest man-made waterway, connecting the northern and southern parts of China. It has a history of more than 2,500 years. Over 1,000 km of the canal was recognized as a world heritage site in 2014. Today, the Grand Canal is glowing with new vitality thanks to China’s efforts to promote the protection and inheritance of the heritage of the canal, such as protecting the canal’s...

Economic Watch: China’s economy firmly on recovery track as market expectations improve

Economic Watch: China’s economy firmly on recovery track as market expectations improve

Economic Watch: China’s economy firmly on recovery track as market expectations improve Source: Xinhua Editor: huaxia 2023-04-17 23:05:00 BEIJING, April 17 (Xinhua) — Multiple signs indicate that China’s economy has been recovering with stronger impetus and improved market confidence since the beginning of this year, and analysts expect more growth potential to be unleashed in the coming quarters. Both foreign trade and credit growth beat market forecasts in the first quarter, and manufacturing activity and consumption continued to pick up, official data has revealed. As the impact of COVID-19 subsided significantly, economic stabilization policies were deployed in advance, China’s economy...

error: Content is protected !!