Tuesday, 16 October 2012

World Bank Warns That Zambia Risks Paying Back About 40million Dollars A Year If The 750million Dollar Bond Money Is Left Idle Without Being Spent On Right Viable Projects


The World Bank Has Warned That Zambia Risks Paying Back About
40million Dollars A Year If The 750million Dollar Bond Money Is Left Idle Without Being Spent On Right Viable Projects In The Sectors Government Has Identified.

Wednesday, 10 October 2012

CNMC to invest $60million at Luanshya copper mine for the construction of a new cobalt treatment plant.



China Non ferrous Metals Company (CNMC) - Luanshya Copper Mines plc plans to spend an estimated cost of $60million to construct the new Cobalt treatment plant at Luanshya Mine.

standard chartered bank zambia plc commits 5billion kwacha towards the rebassing process ------as its profit grows to 61percent representing 104.9billion kwacha



Standard chartered bank Zambia plc has committed about 5billion kwacha towards the rebassing of the kwacha a process which has been embarked upon by the central bank of bank.

Friday, 5 October 2012

ACC to introduce the subject of corruption into school curriculum



The anti-corruption commission in conjunction with the curriculum development centre under the ministry of education has commenced the process of integrating the subject of anti corruption into the education curriculum from grade 1-12.

Zambia to establish 22 intra-Africa trade centres.



Zambia will establish about 22 intra-Africa trade centres to boost business in the continent, according to a Government Minister.

Thursday, 4 October 2012

world bank projects Sub-Saharan Africa economies to grow 4.8 percent in 2012



Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy.

Wednesday, 3 October 2012

zambian gov't disbursed 1.5 Trillion Kwacha For Development in september



The Ministry Of Finance Budget Office Has Disbursed 1.5 Trillion Kwacha For Infrastructure Development, Poverty Reduction, Debt Service, Personal Emoluments And General Operations Of Ministries Provinces And Spending Agencies [Mpsa’s].