Wednesday, April 24, 2019
ZAMBIA Electricity Supply Corporation Limited (ZESCO) has reduced load shedding from eight to four hours per day due to due to the increase of water levels in the rivers. In a statement to Mwebantu, ZESCO Senior Manager for Marketing and...
HUAWEI Consumer Business Group has announced the arrival of its Huawei GR5 and GR3 on the Zambian market. Packaged in an attractive metallic body with impressive specs, the G series is a range of devices tailored to provide a...
ZCCM Investment Holdings has recorded heavy losses mainly due to load shedding, depreciating of the Kwacha and a bit of lower prices on the international market. The PF government holds 87.6% of the shares in ZCCM IH, appoints cadres...
PRUDENTIAL PLC, one of the oldest and most strongly capitalized life insurance companies in the world, has completed its acquisition of Professional Life Assurance in Zambia, following the receipt of regulatory approvals. The acquisition demonstrates Prudential’s commitment to Africa following...
Zambia's stock of external and public debt remains within sustainable levels, Secretary to the Treasury Fredson Yamba has said. Mr Yamba said Government remains positive that it would pay back the debt once it matures saying that there was no...
The government of Canada, through its High Commission in Zambia, has commended Africa’s largest copper producer First Quantum Minerals (FQM), for its $4 billion Kansanshi mine investment, acknowledging the mine’s position as the largest taxpayer in Zambia. Visiting the Solwezi...
THE Road Transport and Safety Agency (RTSA) has unearthed a scam where foreign transporters are defrauding the Zambian government by producing fake toll fee receipts through conniving with unscrupulous agents and some RTSA staff. RTSA acting senior public relations manager...
LUSAKA's Levy mall has seen 17 stores evicted earlier this afternoon. Shoppers and shop workers were left in shock as several stores had goods removed and thrown outside at the ground level and top level parking of the mall. Police are...
At the invitation of the authorities, an International Monetary Fund (IMF) team led by Tsidi Tsikata visited Zambia during March 9-18 to review recent macroeconomic developments and discuss with the authorities how best to address the current economic challenges...
The controversial former banker Rajan Mahtani failed to follow procedure and never presented original share transfer certificates for his disputed claim of shares in Zambezi Portland Cement, according to a new testimony brought before the Lusaka High Court. This is...