Zambia

Zambia: European Investment Bank to set base in Zambia

European Investment Bank

The decision by the European Investment Bank (EIB) to set-up a country office is a clear endorsement by Europe that Zambia is one of the best investment destinations in Africa, Minister of Finance, Felix Mutati, has said. ‘’The plan to set up a country office in Zambia by a Triple A (AAA) credit rated organisation like the European Investment Bank whose board of governors are Finance ministers in the entire European Union, means the international community is steadily appreciating the government’s algorithm for the economic recovery programme and stabilisation programme, Zambia-Plus,’’ Mr. Mutati elaborated.

Publish Date: Monday, May 22nd 2017 | Read Comments

New ICT solution for Zambia

Developing countries like Zambia encounter limitations in as far as the provision of a robust information communication technology (ICT) platform, making the conduct of business, especially with external markets a difficult task. This is where reliable, efficient, effective and innovative 24/7 connectivity becomes a ‘must have’ in today’s competitive marketplace. When communication flows like clockwork, the conduct of business becomes an easy task and success is attainable.

Publish Date: Tuesday, October 4th 2016 | Read Comments

Zambia: Lusaka prodigy Shingongo releases debut

Jeromy Shingongo

After years of polishing his talent in the shadow of top billing artistes long time backing vocalist then a Lusaka prodigy Jeromy Shingongo has released his 10track debut album ahead to be officially launched in March next year. Titled, It’s my time, project feature many young and lesser known gospel stars who are backing the natural emergency of Shingongo on the Zambian music scene.

Publish Date: Wednesday, January 6th 2016 | Read Comments

Zambia: Zoona follows in Google footprint

Zoona

Zambia's leading independent mobile money transfer Zoona has emulated world leading technology companies namely Google and Facebook by launching what has become the country first ever employee share option plan (ESOP). Through ESOP, Zoona has reserved at least 13.7percent of the company share for its employees. The reserved shares are worth at least $8million with prospects of appreciating in value as the company continues expands into new markets. Zoona launched in 2009 by Zambian born brothers, Brad and Brett Magrath, as a start up.

Publish Date: Monday, October 26th 2015 | Read Comments

Zambia an attractive mining destination

Zambia Mining

Director of the annual Copperbelt Mining Trade Expo & Conference (CBM-TEC) Nicole Smith, says Zambia is an attractive mining destination which enjoys overwhelming support from government. In a statement Smith stated that despite metal prices hitting a five and half year low this year, the country's mining industry received a relief through royalty tax rate alteration, which saw the industry floating at a par level, for business to continue without extensive constraints.

Publish Date: Monday, October 19th 2015 | Read Comments