Kenya-bound Zambian sugar marooned at Namanga border
MORE than 10 trucks carrying Zambian sugar destined for exports to Kenyan customers are marooned at the Tanzania-Kenya border after being denied entry by...
Barrick Posts Hefty 4th-Quarter Loss on Copper Charge
Barrick Gold Corp. ABX.T -2.55% said Thursday it took a more than $4 billion impairment charge related mainly to its copper business unit, resulting in...
Zambia’s Chambishi Smelter to Reopen, Environment Regulator Says
Zambia’s environmental regulator gave a copper smelter owned by China Nonferrous Metal Mining Group Co. approval to restart operations after ordering it stop almost...
Lifestyle Holdings to exit Zambia
ZAMBIAN investors have expressed keen interest in taking over the Zimbabwe-based Lifestyle Holdings (formerly TN Holdings) franchise as the group plans to exit the market, a senior official has said.
Bank of Zambia implements CTS, an efficient method of clearing cheques
The Bank of Zambia has implemented the Cheque Truncation System (CTS).
The CTS is an efficient method of clearing cheques which involve the clearing of...
BoZ urged to set up mobile currency exchange camps
A parliamentarian has called on the Bank of Zambia (BoZ) to visit villages and set up mobile camps where people can exchange the old...
Copper mining expansion continues in Zambia
Copper output should rise from 800,000tn this year to 1.5m tn in 2017 as foreign companies invest in expanded capacity.
According to the Chamber of...
Zambia Sugar evades tax
A new investigation released by Action Aid International Zambia has revealed that Zambia Sugar PLC, producer of White Spoon Sugar and other household brands,...
Associated British Foods accused of Zambia tax avoidance
One of Britain's biggest multinationals, whose brands include Silver Spoon sugar, Twinings Tea and Kingsmill bread, is avoiding paying millions of pounds of tax...