SMEs have potential to grow, says expert

KELLY NJOMBO, Lusaka FINANCIAL Sector Deepening Zambia (FSDZ) says financial service providers need to start viewing small and medium-scale enterprises (SMEs) as entities with the potential to contribute to economic development and job creation. FSDZ chief executive officer Betty Wilkinson said SMEs account for a significant share of employment and gross domestic product around the

World Bank projects better economic growth for Zambia

ESTHER MSETEKA, Lusaka A LATEST World Bank report says Zambia’s medium-term prospects for economic growth are brighter and projected to improve to 4.2 percent next year and five percent  in 2018. According to the Seventh World Bank Zambia economic brief entitled: ‘Beating the slowdown, making every Kwacha count’ released yesterday,  the report shows that despite

Plate semi-final win cheers Chiyangi

DIANA MUTAKAFIMBO, Windhoek ZAMBIA 3 LESOTHO 2 ZAMBIA on Tuesday night beat Lesotho in the Council of Southern Africa Football Associations (COSAFA) Senior Challenge Cup Plate semi-finals with assistant coach Aggrey Chiyangi saying the Chipolopolo have made amends for the defeat to Swaziland. Two days after losing 4-2 on penalties to Swaziland, the Buchizya Mfune-captained

Zambia, Mozambique in mega power plant construction

CHIMWEMWE MWALE, Lusaka PRESIDENT Lungu says Zambia and Mozambique have discussed mutual co-operation on the construction of a 1,200-megawatt (MW) coal thermal plant to be constructed in Tete Province of the neighbouring country. This came to light when Mozambican President Filipe Nyusi’s special envoy Pedro Couto delivered a special message to President Lungu at State

COSAFA boss doubts World Cup chances

DIANA MUTAKAFIMBO, Windhoek COUNCIL of Southern Africa Football Associations (COSAFA) president Suketu Patel says it will be difficult for the region to have representation at the Russia 2018 World Cup finals. And national team assistant coach Aggrey Chiyangi is concerned about the blunt strike force ahead of the World Cup qualifiers. Patel said in an

Barman killed, robbed

KALUNGA MUSONDA, Kabwe A 40-YEAR-OLD bartender of TT’s bar in Kabwe’s Katondo township has been murdered by criminals who also stole five gambling machines, commonly known as Bonanza. Central Province commissioner of police Lombe Kamukoshi said in an interview yesterday that incident happened between Monday at 22:00 hours and Tuesday at 05:00 hours. Ms Kamukoshi