Category: Business & Finance
Zambia Police has arrested a 40-year-old Lebanese/Zambian businessman for fraudulently obtaining US$799,950 from a Chinese national in a fake Mukula deal. Police Public Relations Officer, Rae Hamoonga revealed that Ali...
Zambia has secured 195,000 metric tonnes of maize from Tanzania, worth US$68 million of which 67,000 metric tonnes have been received in the country and distributed. Speaking at a media...
Pensions and Insurance Authority (PIA) has disclosed that Insurance Penetration Ratio (IPR) has remained below 2%, as reflected in the results from 2022 and 2023. Speaking at the PIA media...
First National Bank (FNB) Zambia has disclosed that it has contributed over K1.5 billion to the country’s tax revenue in the last three years. Speaking at a breakfast meeting with...
Zambia Revenue Authority (ZRA) says it has recovered lost revenue amounting to over K1.3 million from Ding Cheng Investments Limited for Value Added Tax (VAT) Fraud, after securing conviction of...
Copperbelt Energy Corporation (CEC) Renewable Limited has announced the second tranche of its Green Bond with a US$10 million subscription. And ZCCM Investments Holdings PLC (ZCCM-IH) has announced its participation...
National Pension Scheme Authority (NAPSA) has paid K3.7 million as compensation to former tenants of Society Business Park in Lusaka. This follows closure of the business park and the resulting...
Public Sector Development Association (PSDA) has urged government to make the energy sector a state-led industry. Speaking in an interview with Money FM News, Association Chairman Yusuf Dodia says this...