Zambia

The Zambia Honey Partnership (ZHP) is hosting the seventh Honey Sector Stakeholders

By Nawa Mutumweno – The main purpose of the forum is to provide a platform for stakeholders in the honey sector, including Government bodies, beekeepers/producers, processors, exporters, non-governmental organisations (NGOs) and cooperating partners to review the performance, identify challenges, share new developments and initiate strategies for the industry. Items on the Agenda include: Access of Funding; Cooperating Partners & the Honey Sector; Information sharing on current and new projects; Capacity Building Opportunities; Honey Export Procedures and Opportunities; and Domestic Honey Trade Opportunities. This year’s event is being facilitated by SNV Zambia and is expected to be opened by the Minister... Continue Reading

Publish Date: Tuesday, May 27th 2014 | Read Comments

Zambia’s Aviation set for revival

By Nawa Mutumweno – Zambia’s dream to be a regional aviation may be realised, what with the ambitious project that has pumped close to $1 billion into rehabilitation and upgrading of the country’s four international airports. Information obtained from the National Airports Corporation Limited (NACL) confirms that financing amounting to that colossal figure has been made by Government to transform the four airports into world-class facilities that will appeal to the discerning tourist and business visitor alike. Kenneth Kaunda International Airport (KKIA) in Lusaka gets $360 million; Simon Mwansa Kapwepwe International Airport (SMKIA) in Ndola $522 million; Harry Mwaanga Nkumbula... Continue Reading

Publish Date: Sunday, March 16th 2014 | Read Comments

Mining Trade Conference set for Zambian Copperbelt

By Nawa Mutumweno – The forthcoming Copperbelt Mining Trade Expo and Conference, which is expected to attract about 1 500 mining experts across Africa, has been described as an opportunity for mining players to invest in Zambia’s $7.5 billion copper-rich industry. About 80 leading names in the industry have already confirmed to exhibit at the conference themed: ’Putting Zambia’s Copperbelt on the Map – local strategies for creating sustainable world-class mining operations’ scheduled to take place from April 28 – 29, 2014 in Kitwe, organisers have said. Chamber of Mines of Zambia (CMZ) chief executive officer Maureen Dlamini said the... Continue Reading

Publish Date: Tuesday, March 4th 2014 | Read Comments

Bank of Zambia to introduce third-party banking

By Nawa Mutumweno – Financial institutions in Zambia will soon carry out branchless banking through the use of third-party agents to broaden access to financial services by the majority of citizens, the central bank has said. According to Bank of Zambia (BoZ) governor Michael Gondwe, regulations have since been developed to allow retail outlets and petroleum service stations to carry out the services on behalf of the financial institution. ‘’It is expected that once the process is completed, financial access by our people will improve and further contribute to financial deepening,’’ he said during the opening of  the National Savings... Continue Reading

Publish Date: Tuesday, March 4th 2014 | Read Comments

Zambia: Lusaka Stock Exchange tightens dividend law

By Nawa Mutumweno – The Lusaka Stock Exchange (LuSE) is to start penalising companies that will not be declaring dividends to their respective investors to encourage compliance with the law. According to LuSE chairman Friday Ndhlovu, it is disappointing that there are some firms that hardly pay dividends to their investors. ‘’I would like to take this opportunity to advise the players and investors that with the revised listing rules, any breach will now attract a fine or penalty,’’ he said at a media briefing in Lusaka on February 21, 2014 ahead of the bourse’s 20th anniversary. Since inception, the... Continue Reading

Publish Date: Wednesday, February 26th 2014 | Read Comments