Daily Archives: Jul 15, 2012

Poor customer services ZANACO taken to task

DEPOSITORS at the Livingstone branch of Zanaco took officials to task last week over poor customer services, which are forcing them to stand in long queues for as long as three hours. Some of the aggrieved customers stormed the Livingstone … read more »

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Investors to bank locally

GOVERNMENT is drafting a Statutory Instrument (SI) to compel foreign companies to bank their earnings locally and also control externalization of export earnings, Finance Deputy Minister, Miles Sampa has announced. Mr Sampa told Parliament on Thursday evening that the SI … read more »

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$450 Million Dangote cement plant construction begins

DANGOTE Industries (Zambia) Limited has started construction of the new cement plant and is expected to complete works in March 2014. And commerce Permanent Secretary Stephen Mwansa says the government is interested in the project and want to see production … read more »

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ZAMTEL unveiled new management team

ZAMTEL yesterday unveiled its new management team that is expected to help realise the company’s corporate goals and announced the completion of its optic fibre connectivity to two submarine cables. Zamtel chief executive officer Mupanga Mwanakatwe said the new seven-member … read more »

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‘Zambia tourism has great potential’ Minister

GOVERNMENT says the tourism and arts industry has the potential to significantly contribute to the economic growth of the country. Tourism and Arts Minister  Sylvia Masebo said in Lusaka yesterday that the private sector should join hands with Government in … read more »

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LuSE All Share Index FOR THURSDAY 12th JULY,2012

The LuSE All Share Index closed at 3,879.45 points down by 0.43% from yesterday’s closing of 3,896.30 points . Transactions were recorded in PUMA, CEC and ZANACO. Price movements were recorded in LAFARGE – K2.00, SCZ – (K0.10) and ZAMEFA … read more »

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Chinese firm plans $100 mln Zambia copper project

(Reuters) – A Chinese company plans to invest $100 million in a Zambian mining project that will produce 600 tonnes of copper cathodes a year, a government agency said on Thursday. Zambia’s environmental management agency, which has to approve all … read more »

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SABMiller Zambia unit to open $90 mln plant

* Says $70 million from rights issue * Plant capacity 100 mln liters beer/yr (Reuters) – Zambian Breweries Plc, a unit of global brewer SABMiller, said on Friday it plans to begin production at its new $90 million brewery by … read more »

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ZANACO taken to task

DEPOSITORS at the Livingstone branch of Zanaco took officials to task last week over poor customer services, which are forcing them to stand in long queues for as long as three hours. Some of the aggrieved customers stormed the Livingstone … read more »

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