BoZ guides on liquidated banks
KABANDA CHULU Lusaka BANK of Zambia (BoZ) says people who pledged title deeds as collateral to obtain loans from liquidated banks will only get back their certificates upon full payment…
ZIPAR upbeat about GDP in 2024
KELVIN MBEWE Lusaka ZAMBIA Institute for Policy Analysis and Research (ZIPAR) has described the country’s gross domestic product (GDP) performance as undergoing steady growth despite the downward revision of 2.7…
SEC ups fight against fraud
TRYNESS TEMBO Lusaka IN ITS efforts to stop Ponzi schemes, Securities and Exchange Commission (SEC) has increased awareness aimed at protecting investors. Recently, there have been several cases of people…
FIC wants tougher laws on casinos, betting
KABANDA CHULU Lusaka FINANCIAL Intelligence Centre (FIC) director of compliance and prevention Diphat Tembo says the increase in casino and sports betting businesses requires a strong regulatory and monitoring framework…
Investments hit $40bn
NKOMBO KACHEMBA Lusaka DESPITE some micro-economic indicators such as the exchange rate faltering and inflation registering a slight increase, Zambia is closing the year on a high note in as…
Chelston cops sued for confiscating groceries
CHOMBA MUSIKA Lusaka POLICE officers at Chelston Police Station in Lusaka have been sued for allegedly illegally confiscating over K150,000 and an assortment of groceries from God is Able Grocery…
Kalomo cries over spoilt milk
NKOMBO KACHEMBA Lusaka OVER 5,000 litres of milk worth K45,000 is going to waste in Kalomo every day following the closure of a milk collection centre in the area due…
Pamodzi Hotels goes to Dubai firm
TRYNESS TEMBO Lusaka PAMODZI Hotels Plc, which operates as Taj Pamodzi Hotel, now has new owners following the sale of 90 percent shares to ASB Hospitality at US$18 million. The…
Trade Kings plans $800m expansion
TRYNESS TEMBO Lusaka TRADE Kings Group plans to invest US$800 million to expand its operations, inspired by Government’s pronouncements and policies to support the manufacturing sector. And the company has…
More incentives needed – LuSE
MWILA NTAMBI Kitwe LUSAKA Securities Exchange (LuSE) head of business development Linah Lungu says corporates need more incentives if they are to be attracted to list on the stock market.…
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