FNB launches smartphone transaction application

TRYNESS TEMBO, Lusaka IN AN effort to promote financial inclusion in the country, First National Bank (FNB) Zambia has launched a banking application that will enable their business customers to access their accounts and authorise transaction on smartphones. The application will allow the bank’s business account customers to authorise transactions, do collections, view account balances,

Lungu bails out Northern clubs

ROBINSON KUNDA, Kasama PRESIDENT Lungu yesterday donated soccer kit worth K200,000 to all the Football Association of Zambia (FAZ) registered teams in Northern Province. All the 37 teams each received nine Adidas match balls and two sets of training bibs. Edgar Chagwa Lungu Football Empowerment Programme coordinator Jeffrey Chipilingu presented the kit in Kasama yesterday.

ECZ puts record straight on referendum vote

CATHERINE MUMBA, Lusaka THE Electoral Commission of Zambia has dispelled allegations by some stakeholders that citizens who will vote for the adoption of the expanded Bill of Rights in next month’s referendum will be automatically voting for President Lungu. ECZ public relations manager Crispin Akufuna said it is unfortunate that the referendum has become so

‘Mighty’ face Forest test

VICTOR KUMWENDA, Lusaka PORTUGUESE coach Paulo Jorge Silva will today seek to register his first win when Mufulira Wanderers take on Forest Rangers in a Super Division Week 18 match at Shinde Stadium. Wanderers hired Silva last month and he has guided the team to 1-1 draws with Red Arrows and champions Zesco United. Wanderers

Kwacha on recovery course – analysts

KALONDE NYATI, Lusaka THE Kwacha on Wednesday recouped the losses it had recorded the previous sessions with financial market analysts projecting that the local unit will in the short-term continue to rebound. Zanaco Bank said the local unit reversed most of its losses against the dollar on Wednesday as corporates took advantage of a cheaper

Non-traditional exports record decline

ESTHER MSETEKA, Lusaka THE Zambia Development Agency (ZDA) says non-traditional exports (NTEs) have declined from about US$2.4 million recorded in 2014 to about US$1.9 million registered last year due to various challenges such as the depreciation of the Kwacha and high cost of production. The drop of about US$526,842.40 in NTEs recorded in the period