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What lies ahead for Zambia’s gambling Industry in 2022?

What lies ahead for Zambia’s gambling Industry in 2022?

433 ViewsThe global gambling industry is experiencing unprecedented levels of growth, meaning countries are in prime positions to take advantage. After Zambia’s economic performance in 2021, there’s not much room to be optimistic for the year ahead.   Zambia hasn’t regulated an organisation to oversee online gambling in the country yet, so nothing’s guaranteed. However, it […]

Mopani to exploit mining dumps

395 ViewsMopani Copper Mines PLC plans to grow its production from the current 100,000 tons of copper annually to its full capacity of 225,000 tons of copper per year within the next 5 years. Mopani Chief Executive Officer Charles Sakanya says the mine also intends to look at the viability of some dumps within its […]

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We have released money to pay in full all farmers-HH

445 ViewsOur farmers are the foundation of our economy and we are committed to strengthening and supporting them to secure our food reserves. That is why we have today released funds to clear all debts to farmers who sold maize to the Food Reserve Agency. They will be paid in full! This is an important […]

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MTN Zambia launches 5G cellular network to improve speed

324 Views MTN Zambia has launched its pilot 5G cellular network, the first of its kind in Zambia that is expected to improve speed and customer experience. Speaking at the launch on Tuesday, Technology and Science Minister Felix Mutati said the launch is the most effective new year present for the people of Zambia as […]

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Ventriglia family questions Attorney General’s verdict

776 Views Lawyers for the embattled Ventriglia family in the protracted wrangle over the ownership of Zambezi Portland Cement (ZPC) have sharply reacted to the recent legal opinion by the Attorney General (AG) Mulilo Kabesha on the shareholding status of Zambezi Portland Cement that validated Finsbury Investment Limited, as a major shareholder with 58 percent […]

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LuSE tops list of best performing African stock markets in 2021

452 Views The Lusaka Securities Exchange (LuSE) has been rated as the best performing stock market in Africa. This is according to a compilation conducted by leading business publication Business Insider Africa. 2021 was a tough year for most investors, especially those investing in equity. But that notwithstanding, some stocks and stock markets across the […]

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HH, Chinese Ambassador confer

605 ViewsPresident Hakainde Hichilema (HH) today held talks for the second time with Chinese Ambassador to Zambia. The first meeting was just after President Hichilema was declared winner of the August 2021 election. President Hichilema has promised to strengthen the relationship the two countries have enjoyed since first president Kenneth Kaunda. He announced the meeting […]

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Fuel shortage looms amid pump price hike

855 Views By Amb. Emmanuel Mwamba Oil Marketing Companies (OMCs) have disclosed that their fuel imports orders have been placed on hold, until government clarifies the status of tax waivers that were implemented in 2020/2021. In a letter by Oil Marketing Companies Association of Zambia President, Dr. Kafula Mubanga, written to the Minister of Energy, […]

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Foreigners trading in Lusaka CBD, city mayor

1,112 Views Lusaka Mayor Chilando Chitangala says about 3000 foreigners are trading in Lusaka Central Business District. She said foreigners from Zimbabwe, Tanzania, DRC and Rwanda are selling various wares in the CBD. Some of the drugs being sold include biscuits, alcohol, drugs and clothes. Chitangala said most of these foreigners do not the necessary […]

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PACRA aborts change of the register of Zambezi Portland Cement 

501 Views PACRA has reversed the change of the register of Zambezi Portland Cement (ZPC) following a threat to commence contempt of court by the Ventiglia family. The government department mandated to register companies had made changes in the ownership of ZPC despite the matter still being in contention in court. The Ventiglia family and […]

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