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Economy

ZAMBIA-ANGOLA FUEL DEAL HANGS IN BALANCE

By Michael Kaluba Zambia's quest to get more affordable fuel from neighboring Angola hangs in the balance after the initial approach from that country went unattended to by the previous regime. According to Commerce Minister Chipoka Mulenga, Angola approached Zambia in March last year at the inception of the 200,000 barrels per day Lobito Refinery…
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STANBIC ZAMBIA PREDICTS RISE IN ZAMBIA`S PRIVATE INVESTMENT THIS YEAR

By Michael Kaluba Stanbic Zambia Limited has predicted that private investment in Zambia will rise in 2022 against a backdrop of improving economic conditions and a more business-friendly environment while foreign direct investments are likely to rebound in the coming quarters. Stanbic Bank Head of Global Markets Victor Chileshe also predicts that…
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IMPORTATION OF ONIONS CONTINUE DESPITE SUSPENSION

By Prudence Siabana The Cross Border Network Africa, an organization promoting and facilitating Small and Medium Enterprises –SMEs- in Africa has disclosed that the importation of onions has still continued with trucks being allowed to enter Zambia despite the suspension on onion importation. Addressing the media in Lusaka today, Network Chairman…
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