Home » Archives by category » Business (Page 180)
China’s third-quarter GDP grows 7.8%: govt

302 ViewsChina’s gross domestic product (GDP) expanded 7.8 percent year-on-year in July-September, the government said Friday, snapping two quarters of slowing growth in the world’s second-largest economy. The GDP figure matched the median forecast of in a survey of 11 economists by AFP. Growth for the first nine months of the year came in at […]

Continue reading …
Shoprite Workers resume work

448 ViewsShoprite workers in the country have resumed work  following the meeting held involving Shoprite management, National Union of Commercial and Industrial Workers (NUCIW) and Labour Minister Fackson Shamenda. Mr. Shamenda who addressed the workers yesterday urged them to end their strike and resume work today as management and union leaders negotiate for their improved […]

Continue reading …
Recruitment freeze could cripple government, warns Msoni

695 ViewsStatement The wage and recruitment freeze in the civil service as announced by the Minister of Finance during the presentation of the 2014 national budget is retrogressive and could seriously harm and cripple the smooth running of government. We doubt whether this moratorium that is expected to last up to 2015 had the legitimate […]

Continue reading …
Despite economic growth access to health still a challenge – Dr. Kaseba

399 ViewsFIRST Lady Dr Christine Kaseba says it is harsh reality that most countries in sub-Saharan Africa are still contemplating on how to meet the MDGs especially on poverty, maternal and child health barely two years before 2015. Delivering a key note address today during the ongoing GBCHealth Africa Regional Conference 2013 whose theme is […]

Continue reading …
Sata refuses, It is MPs including opposition that decided to increase salaries

918 ViewsPresident of the Republic of Zambia, has dismissed assertions that he decided to award himself a 10 per cent salary increment. The Head of State explained that salaries and allowances for the President, Vice- President, Chief Whip, Leader of Opposition, Cabinet Ministers, Deputy Ministers, and Members of Parliament are determined by the Standing Orders […]

Continue reading …
Apple sends invites to event amid rumors of updated iPad

547 ViewsApple on Tuesday sent out invitations to a special event on October 22 in San Francisco, revealing little about what is expected to be a day devoted to iPad updates. Emailed invitations bore few details other that time and place, and bore the message “We have a lot more to cover.” A colorful graphic […]

Continue reading …
Africa boasts 55 billionaires from 10 countries

490 ViewsAfrica, the world’s fastest growing emerging market, is now home to 55 billionaires, with an average net worth of $2.6bn. Africa is now home to 55 billionaires, up from previous estimates of 16-25 billionaires, new research has found. These super rich are worth a combined total of $143.88bn (£89.27bn). The UK, in contrast, is […]

Continue reading …
The Richest People In Africa 2013

864 ViewsThe combined fortune of Africa’s 55 billionaires is $143.88 billion. The average net worth of the members of this exclusive club is $2.6 billion, while the median age of the richest people in Africa is 65 years. The oldest billionaires are Kenyan industrialist, Manu Chandaria, and Egyptian property tycoon, Mohammed Al-Fayed, both aged 84. […]

Continue reading …
PF 2014 Budget unveiled with 2 years wage freeze

2,225 ViewsA K42.68 billion National Budget for 2014 has been presented by Finance Minister Alexander Chikwanda. And the budget which is the third for PF government has proposed a wage freeze on Public Service salaries for a period of two years. The Budget whose theme is “Moving Forward To Consolidate Growth and Social Justice, in […]

Continue reading …
Toyota unveils cars with auto pilot

344 ViewsToyota on Friday unveiled the next generation of cars featuring an auto pilot system that will swerve to avoid collisions and also keep to the middle of the road, all without drivers touching the wheel. The Japanese giant autos using the self-driving technology could be available on the market in just a few years’ […]

Continue reading …