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Zambia launches fund to boost non-traditional exports

Zambia launches fund to boost non-traditional exports

Zambia has today launched a fund aimed at unlocking the potential of non-traditional exports. The Zambia Export Development Fund (ZE-DEF), to run from 2017 to 2021, is being financed by the European Union (EU) at a cost of 7.6 million Zambian Kwacha (about 760,000 U.S. dollars), the Zambia Development Agency (ZDA) has said in a […]

Zambia to undertake study on cost of production electricity

ERB has shortlisted five international bidders to conduct research on production and cost of electricity as the country tries to move to cost-reflective tariffs in order to attract private investment. It is expected that the winner of the bid will undertake the study within a 12-month period. The the project is being undertaken with the […]

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South Africa casino revenue rises despite online competition

The casino industry in South Africa has been on a steady upturn over the past several years. According to a recent survey released by the Casino Association of South Africa (CASA), which is made up of 36 of the 38 South African casinos, 2016 saw a significant increase in revenue for South African casinos. According […]

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UK funded FoodTrade East & Southern Africa (FoodTrade ESA) is pleased to announce that over £1 million has been awarded to two innovative agribusiness companies which are focused on supporting smallholder soybean farmers to improve their yields, access appropriate storage solutions and get a guaranteed market for their produce. Classic Foods Limited and Seba Foods […]

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President Edgar Lungu on Wednesday held a meeting with the leadership of the Millers Association of Zambia on the escalating mealie meal prices. During the meeting the two parties exchanged an open and frank conversation over the price of the staple commodity. President Lungu is trying to push for a reduction on the price of […]

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Zambia’s fish consumption is currently well below the world average, and constant efforts are being made to combat the country’s shortfall of what is one of the cheapest forms of animal protein. Figures suggest that the amount of fish served up in Zambia is not even half of what might be considered the world average, […]

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Zambeef Products has confirmed that heavy rainfall in Chisamba damaged some of it maize crop this week. However, the damage covered just 40 hectares or less than 1.5 percent of the 2,917 hectares of maize currently cultivated by the company. “The last 72 hours has seen increased rainfall in the Chisamba area. This is generaly […]

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Proflight to launch direct flights between Ndola and Solwezi

Proflight, Zambia’s leading scheduled airline, will connect two of nation’s leading economic powerhouses starting from this month. From January 16, 2017, the airline will add a direct flight three times a week between Ndola and Solwezi, providing convenient travel between the Copperbelt business hub and the North-Western Province mining centre. The new direct route will […]

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How village banking is improving lives of rural women

Women in villages around the Kansanshi and Sentinel mines in North-Western Province are being empowered to fund small businesses and improve their financial know-how, courtesy of an innovative First Quantum Minerals’ community banking programme. The village banking model of micro-finance is a self-help revolution that challenges traditional attitudes about gender roles and encourages members of […]

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Chibuku captures the spirit of Zambia

A pint of beer is popular the world over, and nowhere is this more true than in Africa where its many enthusiasts have long been able to sample the delights of the continent’s own special variety. Traditional African beer is regarded by many as the region’s official thirst-quencher and those looking for the best way […]

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