Daily Archives: Jul 16, 2012

LuSE DAILY COMMENTARY FOR MONDAY 16th JULY,2012

The LuSE All Share Index closed at 3,863.45 points down by 0.85% from yesterday’s closing of 3,896.62 points . Transactions were recorded in CEC, ZAMBEEF and ZANACO. Price movements were recorded in BATZ – (K2.00), SCZ – (K0.10), ZAMEFA – … read more »

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BOZ to announce the date for the launch of rebased Kwacha

The Bank of Zambia says more financial services will be required during the Kwacha rebasing period to enable the bank facilitate the exchange of the currency with ease. Meanwhile, the Central Bank is in the next two weeks expected to … read more »

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A NEW HOPE FOR THE ZAMBIAN DIASPORA

This gallery contains 2 photos.

 By Lady C I dragged myself to Reuters in Canary Wharf to hear The Vice President’s ’economic’ address on Zambia hoping to hear more tangible aspects on the positive life-line for corporate investors and the ‘new’ way to do business … read more »

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High Pressure Water Pipe Ruptures in Lusaka’s Kalingalinga Compound

A high pressure water pipe has ruptured in Lusaka’s Kalingalinga compound sending thousands of liters of water to waste. The rupture is suspected to have been due to a house built on top of the pipe. Lusaka Water and Sewerage … read more »

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MMD Members of Parliament Engulfed by Uncertainty

Uncertainty has engulfed MMD Members of Parliament who are serving as Ministers in the PF government. This follows endorsement of the party’s decision to expel the MPs from a cross section of MMD officials in different constituencies around the country. … read more »

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Bank of Zambia commends BancABC

THE Bank of Zambia (BoZ) has commended BancABC for opening a branch in Chipata and urged other commercial banks to increase access to credit facilities to cater for the unbanked rural populace. BoZ regulatory policy, licensing and liquidations assistance director … read more »

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China Copper Mines Limited to construct copper leach plant

CHINA Copper Mines Limited (CCML) is in the process of constructing a copper leach plant on the Copperbelt at an estimated cost of US$100 million. The project area is located in Chingola district with over 500 permanent jobs expected  to … read more »

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ZAMBIA needs to construct 150,000 houses annually

ZAMBIA needs to construct 150,000 houses annually to mitigate the three million housing stock deficit, Local Government and Housing Minister, Nkamdu Luo has said. To address the issue, Professor Luo called for private sector and non-governmental organisations input to help … read more »

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Zambia: Land allocation to start after audit

THE Government will start allocating land banks meant for commercial purposes after a land audit is concluded which is expected to commence in August this year, Lands Minister Wlybur Simuusa has said. Mr Simuusa said his ministry would next month … read more »

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