FQM looking to improve market potential for local farmers
76 ViewsIn its quest to help small-scale farmers in North-Western Province add value to their crops, First Quantum Minerals is exploring opportunities for enhanced packaging and marketing initiatives. Some 5,000 smallholder farmers benefit from the company’s conservation farming programme, which helps reduce poverty and improve food security. A key component is this is provision of […]
331 Views A Ndola based company Slykm Steel has won the 2018 International Business Initiative Direction (BID) quality Awards held on the 19th November in London United Kingdom. Slykm Steel a privately Zambian owned was crowned winner of the prestigious Award at a Gala night in London yesterday. The company specializes in manufacturing and supply of […]
Continue reading …Moody’s: Chinese lending to Sub-Saharan Africa can support growth but brings risks
November 15, 2018 No Comment
729 ViewsChina’s increased lending to governments in Sub-Saharan Africa has the potential to support economic growth, but also amplifies credit risks for countries with already high debt burdens and deteriorating external positions, Moody’s Investors Service said in a report Wednesday. The report, “Sovereigns – Africa, China’s lending supports growth, exacerbates fiscal and external pressures in […]
Continue reading …Gov’t calls for partnership with private sector to provide alternative, innovative financing for 7NDP
November 13, 2018 No Comment
563 ViewsThe Ministry of National Development Planning has called on the private sector to partner with Government to provide sustainable, alternative and innovative financing for the implementation of the Seventh National Development Plan (7NDP). Ministry of National Development Planning Permanent Secretary (Development Planning and Administration) Chola Chabala made the clarion call during a recent meeting […]
Continue reading …Listing a company on stock market does not imply a company has been sold – Economist
November 13, 2018 6 Comments
1,483 ViewsFloating of shares for a company on the stock market does not imply that a company has been sold, an Economist has clarified. Yusuf Dodia who is also the Private Sector Development Association Chairperson has told Hot FM that listing on the stock market means a company has issued to the public shares that […]
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711 Views Kagem Mining has announced that it has invested US$11 million in new equipment to increase operational efficiencies at the world’s largest emerald mine. The new investment is set to create more skilled local jobs. 100 direct jobs are expected to be created. The equipment includes 13 Articulated Dump Trucks (ADTs) with a rated capacity […]
Continue reading …Lafarge boosts Habitat for Humanity’s ‘Big Build’ project with 1000 bags of cement
November 7, 2018 No Comment
654 ViewsLafarge Zambia has donated 1,000 bags of cement to Habitat for Humanity Zambia for the construction of decent housing for the less fortunate in the country. Lafarge Zambia Chief Executive Officer, Vincent Bouckaert, presented the donation at a handover ceremony held at Habitat for Humanity Zambia offices today. In his remarks, Bouckaert noted that […]
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555 ViewsZanaco and Prudential Life Assurance Zambia have signed a long-term bancassurance partnership that will enable the two companies to collaborate in developing and distributing insurance solutions to customers through Zanaco’s extensive distribution network. This strategic partnership aims at maximising benefits for Zanaco’s more than 1.2 million customers in its 69 branches across the country […]
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749 ViewsSecretary to the Treasury FREDSON YAMBA has said Controlling Officers are instrumental in actualizing President Edgar Lungu’s immutable vision of ensuring that there is prudence in the management and utilization of public resources. Mr. Yamba says the Ministry of Finance WILL NOT HESITATE to evoke the sanction provisions of the Public Finance Management Act, […]
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Ten tips for managing the lifeblood of your business
November 13, 2018 No Comment911 ViewsBy Alison Lungu Cash is to a business what oxygen is to a body – it simply cannot survive without it. Nothing is as important to the financial health of a growing small business as reliable access to the required level of cash. If the cash dries up, the business will not be able […]
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