Business News
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KCM to outsource some operations, but unions have opposed the decision
KONKOLA Copper Mines’ proposal to outsource some of its operations has unsettled mining unions, employees and local contractors and suppliers. KCM plans to outsource...
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Zesco effects 25% tariff hike
ZESCO has today effected another 25 per cent adjustment in electricity tariffs. And some Lusaka residents have expressed disappointment in what they have termed as...
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If FRA wants us to meet in court, we are ready for them – ZNFU
THE best route to take is for the FRA to come to the negotiating table with farmers, failure to which we will continue holding...
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Agriprofocus calls for relations among actors in the agric sector
AGRIPROFOCUS country coordinator Yvonne Mtumbi says there is need for interaction among various actors in the agricultural sector. And Eastern Province permanent secretary Chanda Kasolo...
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BoZ cuts benchmark lending rates to 11%
BANK of Zambia has reduced its benchmark lending rate to 11 per cent from 12.5 per cent and simultaneously slashed statutory reserve ratios by three...
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Ngozi joins StanChart board
FORMER Nigerian finance minister Ngozi Okonjo-Iweala has been appointed as an independent non-executive director of Standard Chartered Bank’s Brand, Values and Conduct Committee. ...
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Emirates expands free inflight WI-FI service
EMIRATES has expanded its popular free inflight Wi-Fi service with reasonable rates for all flyers. Effective immediately, the airline, which flies daily from Lusaka...
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BoZ effects new limits on cash, cheque transactions
THE Bank of Zambia has effected the changes limiting amounts clients are supposed to cash over the counter or transfer through the Electronic Funds Transfer...
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British Airways to resume most flights but delays still expected
British Airways has warned of further delays and cancellations as it resumes flights following the major IT failure that saw most services cancelled from Heathrow...
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Zambia’s inflation drops to 6.5%
THE country’s annual inflation rate for May has marginally declined to 6.5 per cent from 6.7 per cent in the month of April, reflecting effects...
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