Is it that ZCCM-IH or BOZ could not bail out Investrust Bank ?
One of roles of the central bank ( BOZ) is to act as lender of last resort ( meaning lending money to a commercial bank such as Investrust Bank ).…
Central Bank takes over Investrust Bank
The Bank of Zambia (BoZ) has takenover the operations of Investrust Bank PLC after the financial institution became insolvent (failure to pay debts as the fall due). The Central Bank…
Two die in an illegal mining in Chingola
In a devastating incident, two illegal miners lost their lives while one survivor clings to hope after a mine accident at Konkola Copper Mine (KCM) Cop five dump site in…
I’m down but not out – Kambwili
Patriotic Front (PF) founder member Chishimba Kambwili has spoken out over his illness, reports Zambian Eye Correspondent. Kambwili an outspoken Politician says a man does not fall but just knees…
It’s not the end of Problems – Finance Minister
Finance Minister Dr Siitumbeko Musokotwane says attaining the debt restructuring is not the end of Zambia’s economic challenges, reports Zambian Eye Correspondent. Zambia is going through the high cost of…
Give us chance to lead in 2026 you’ll not regret – M’membe
Socialist Party president Fred M’membe has appealed to Zambians to vote for him and his party in 2026. Dr. M’membe says Zambians will not regret if they give him chance…
Fyalungula”: A Dynamic Collaboration Uniting Zambian Musical Powerhouses
“Fyalungula,” a high-energy collaboration among Zambian music giants Chester More Power, Dandy Crazy, Rich Bizzy, Shenky, and Kadafi, has taken the nation by storm. Showcasing the unique talents and styles…
No matter the circumstances, you must deliver your promises, Lungu tells HH
Sixth president Edgar Lungu has urged his predecessor to deliver what he promised Zambians when he was seeking for election. In his Easter message, Lungu said if Hichilema has faced…