Finance Minister Felix Mutati has assured the nation that Intermarket Banking Corporation will not be liquidated. Presenting a ministerial statement in Parliament this afternoon, Mr Mutati revealed that Intermarket Banking Corporation is expected to resume operations in 30 days. He said the bank has managed to attract fresh capital from new shareholders as part of
United Party For National Development vice president Geoffrey Bwalya Mwamba has said that Zambians can never trust ECZ, President Edgar Lungu, the Concourt and High Court judges anymore. Mr Mwamba who is popularly known as GBM said that the said parties have denied the Zambian people credible and capable leadership of UPND leader Hakainde Hichilema
The Famine Early Warning Systems Network says given the good seasonal rainfall, crop conditions are good and households will start consuming their green harvest and supplementing it with market purchases by March. It says by April and May, household level food stocks will significantly improve, reducing dependency on food purchases. It adds that by June,
The Bank of Zambia says Intermarket Banking Corporation which was taken over by the Central Bank in November last year is now solvent after shareholders decided to restructure the bank. Depositors who have not been able to have access to their funds will however have to wait for the next course of action from the
UPND President Hakainde Hichilema says the party leadership restrained its youth supporters from rioting to claim the stolen victory on the aftermath of the August 2016 elections. Mr Hichilema said the UPND chose the civilised route of going to court where it was let down as the petition was not heard. He was speaking yesterday
President Edgar Lungu has held talks with Israeli President REUVEN RIVLIN at the Presidential Residence in Jerusalem. The Head of State who is on a five-day official visit at the invitation of Prime Minister Benjamin Netanyahu met President RIVLIN at 09:45 hours this morning. President Lungu says Zambia looks forward to the amicable solution over
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