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Former Anglo America CEO appointed as Vedanta CEO

Former Anglo America CEO appointed as Vedanta CEO

1,111 ViewsVedanta Resources yesterday announced the appointment of Chris Griffith, former CEO of Gold Fields, one of the world’s largest gold producers, as the Chief Executive Officer for Base Metals and President of its International Businesses, effective on 2 October 2023. He will be leading the Group’s international zinc business in South Africa and Namibia, […]

Kwacha to oscillate between gains and losses

707 ViewsThe Zambian currency is expected to stabilize in trading around K19.50 / K20.00 by the end of this third quarter. Kwacha has lost some considerable marginal value against the US dollar at the back of outstripped supply coupled with dynamics of changed autonomous central bank position within the financial markets. The local currency unit […]

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Kwacha depreciation persists due to foreign exchange demand

818 ViewsThe Kwacha has continued depreciating and is now trading at about K19 to one United States dollar. The currency has opened the market today trading at K19.08 and K19.45 per US dollar after closing Wednesday’s trading session at K18.91 and K19.28 to the dollar. Despite the positive outlook resulting from the conclusion of the […]

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Zambia wins 7th COSAFA Cup title

347 Views Zambia have won the COSAFA Cup for the seventh time after beating a determined Lesotho national team 1-0 at the King Zwelithini Stadium in Durban, South Africa. The Flames, beaten on post-match penalties at semi-final stage by Lesotho suffered more penalty heartache, losing 5-3 to South Africa in a third place play off […]

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Debt restructuring to benefit the local Zambians as MCTI seeks partnership with China

400 Views…. debt restructuring achievement process will give government more fiscal space and the ability to focus on actualizing investment and Trade Minister of Commerce, Chipoka Mulenga, says the debt restructuring achievement process will give the Government more fiscal space and the ability to focus on actualizing investment and Trade, which he said are key […]

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Zambia seals $6.3 billion debt restructuring deal

1,112 ViewsBy Leigh Thomas PARIS, June 22 (Reuters) – Zambia has clinched a deal to restructure more than $6 billion in debts owed to other governments, a French official said on Thursday in a long-awaited breakthrough to ease pressure on the southern African country’s strained public finances. Zambia in 2020 became the first African country […]

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Yango Showcases Commitment to African Growth

716 Views ABIDJAN, Côte d’Ivoire , 9 June 2023 -/African Media Agency (AMA)/- Yango, one of the leading ride-hailing services operating in Africa, successfully participated in the Africa CEO Forum in Abidjan on June 5-6, 2023. The company demonstrated its commitment to sustainable growth, local investment, and its role in African markets. Aligned with the theme of […]

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ZESCO strips workers of free electricity

1,826 ViewsZambia Electricity Supply Company (ZESCO) management has stripped workers of free electrify in its strides to save on costs, managing director Victor Mapani has disclosed. Mapani also disclosed that the status for personal to holder vehicles has also been abolished. In an interview, Mapani said in the last one year several measures have been […]

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London Stock Exchange Suspends ZCCM-IH Shares Listing as Board Chair Resigns

1,254 ViewsInformation reaching Zambian Eye is that the London Stock Exchange has suspended the trading of ZCCM-IH shares on the world prestigious Stock Exchange. Experts say this is happening  for the first since 1964 when Zambia got her Independence from Britain. Last week ZCCM-IH Board Chairperson unceremoniously resigned in what sources close to the matter […]

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The Essential Role of Customer Support for a Successful Online Gambling Experience in Kenya

824 ViewsOnline gambling has become a popular pastime in Kenya, with many Kenyans turning to online casinos and sports betting sites for entertainment. But while the convenience of playing from home is undeniable, it also comes with its own set of challenges – namely, customer support. A successful online gambling experience depends on having reliable […]

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