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
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
Most medical schemes offer options with a medical savings account to cover day-to-day medical expenses. Executive Principal Officer of Liberty Medical Scheme, Andrew Edwards, says by managing your medical savings portion carefully, you could save thousands of rands a year. Think of medical savings as cash in your wallet Just because you’re contributing to a medical scheme each month, doesn’t mean you should view your medical savings account any differently to cash. “Your medical savings account can accumulate from year to year and you can build up a good kitty that you can cash in if you leave a scheme,”... Continue Reading
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
By Nawa Mutumweno – Over 6 000 farmers are expected to attend a farmers agro-tech expo on latest technologies and techniques in agriculture. The Zambia National Farmers Union (ZNFU), in partnership with Musika and Golden Valley Agricultural Research Trust (GART), is expected to host the meeting at GART in Chisamba from April 4 – 5, 2014. Over 20 companies have already confirmed participation and more are expected to come from Zambia and abroad, ZNFU media liaison officer Calvin Kaleyi said recently. ‘’ZNFU will for the first time host a farmers’ agro-tech expo in partnership with Musika and Golden Valley Agricultural... Continue Reading
