Judy, Kay Figo give Choma real love

NDANGWA MWITTAH, Choma AFTER enduring a two week long drought of musical performances, Choma came back to life, over the long weekend with Judy Yo and Kay Figo in town to shake up things. According reports, the two also lit up Livingstone’s East Point Discotheque Night Club. But they first started with Choma’s Leelove, formerly

Kwacha to continue on strong footing

TRYNESS TEMBO, Lusaka THE Kwacha is likely to persistently trade on an upward trend against the United States (US) dollar supported by a cocktail of financial support, financial market players note. Both Zanaco and United Bank for Africa (UBA) says the local unit is expected to continue trading with a strong footing against the greenback

Be wary of collective investment scheme

TRYNESS TEMBO, Lusaka THE Securities and Exchange Commission (SEC) has called on the public to be wary when dealing with companies offering collective investment scheme (CIS) as some are unauthorised. CIS is an investment scheme wherein several individuals come together to pool their money to invest in a particular asset and sharing the returns arising

Four Kaputa primary schools upgraded

MWILA NTAMBI, Kaputa GOVERNMENT has upgraded four primary schools in Kaputa district in Northern Province into secondary schools. Kaputa district commissioner Mulenga Fube named the schools as Nkosha, Kalaba, Kasongole and Kasepa that were previously primary schools but have now been gazetted as secondary schools. “The upgrading of these four primary schools into secondary schools

Wanderers offload 7 players

CECILIA ZULU, Lusaka MUFULIRA Wanderers have released seven players, among them Congolese goalkeeper Janaki Kikanda. And former national team striker Mathews Macha and Nakambala Leopards’ Elijah Banda have trekked to Wanderers. Other foreign players released are Congolese striker Sapu Mulela, Ghanaian duo of defender Kosi Ketya and midfielder Nathaniel Ebenezer. Defender Kenny Ngoma and midfielders

South Korean company seeks partnership to import fertiliser

TRYNESS TEMBO, Lusaka HYOSUNG ONB Company Limited, a South Korean fertiliser producer, is seeking to partner with Zambian companies to import fertilisers. The firm has since engaged the Zambia Development Agency (ZDA) through the Zambian embassy in Korea expressing interest for a partnership with local agro-dealers. According to the Zambia National Farmers Union (ZNFU)’s Friday

Investrust expects drop in interest rates

NKOLE MULAMBIA, Ndola INVESTRUST Bank Plc has projected that interest rates are generally likely to significantly drop from around 30 percent by half this year due to positive macroeconomic fundamentals and measures taken by the central bank. Bank managing director Simangolwa Shakalima said macroeconomic fundamentals look positive. This year, the central bank has on two
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