Category: Latest News

Absa, China bank to boost SMEs funding

KELLY NJOMBO, Lusaka THE small and medium enterprises (SMEs) in Zambia are expected to benefit from a five-year US$100 million special facility agreement signed by Absa Bank Limited and the China Development Bank (CDB). Absa Bank Limited, which is a subsidiary of the Barclays Africa Group (BAGL), is committed to providing support to SMEs in

Students earn K315m

HONE SIAME, Lusaka GOVERNMENT has allocated K314.9 million towards paying for students in public universities. Secretary to the Treasury Fredson Yamba says Government will spend an additional K1 billion to continue building schools, universities and colleges. Mr Yamba said the K314.9 million is part of the K10 billion that Government has allocated to the education

Maize price final, says FRA boss

NANCY SIAME, Lusaka THE Food Reserve Agency (FRA) has cautioned farmers against holding on to their maize with the hope that the price will be increased from the announced K60 per 50kg bag. FRA executive director Chola Kafwabulula said farmers holding on to their maize risk losing it to the rain which in some areas

Masimu invests K100,000 in poultry

ESTHER MSETEKA, Lusaka MASIMU Holdings, a local enterprise, has invested over K100,000 in its poultry business to contribute to job creation and the growth of the economy in Zambia. Company managing director Maboshe Maboshe said the investment has enabled the firm to grow its hatchery stock from 12 to 2,340 consisting of pure breed such

Stakeholders laud HIV policy shift

EMELDA MWITWA, MEMORY MANINGA, Lusaka THE Government’s decision to make HIV testing mandatory has triggered debate from all sections of society. The debate follows President Edgar Lungu’s announcement of an HIV policy shift during the launch of the 2017 HIV Testing and Treatment (HTCT) Day in Lusaka last Tuesday. Mr Lungu’s pronouncement means that when

Green environment through bee farming

DARLINGTON MWENDABAI, Chipata SHE carries a log on her head with a heavy heart bearing in mind that unregulated charcoal burning could deplete forest resources and contribute to climate change. Armed with a bit of knowledge from a recent training on environmental conservation, Tisauke Shawa of Mishoro chiefdom in Chipata casts her eyes on the
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