Category Archives: Business

How Africa’s super-rich spend their millions

That’s roughly the number of millionaires living in Africa — and the figure is rising rapidly. Most of them are based in Johannesburg, according to the latest AfrAsia Bank New World Wealth Report, which found that the South African city … read more »

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A self-made millionaire says a seemingly innocuous daily habit could be keeping you from getting rich

Stop complaining — out loud and in your head — if you want to improve your finances. Much of what separates wealthy people from average people is mental — rich people simply think, act, and make choices differently than the … read more »

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Lungu directs BoZ, Chikwanda to stabilise Kwacha

PRESIDENT Lungu has directed the Bank of Zambia and the Ministry of Finance to help diversify the economy so that Zambia could export other products to stabilise the Kwacha. Mr Lungu, who was speaking in Luwingu, also took time to … read more »

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Cargill completes acquisition of Zamanita from Zambeef

Cargill has completed the acquisition of Zamanita Ltd, the soybean crushing and oil refining subsidiary of Zambeef. Zamanita now becomes an integral part of Cargill’s business in Zambia. As part of the deal, Cargill has acquired all of Zamanita’s assets, … read more »

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Embrace hire purchase of vehicles, Yeti Motors advises Zambians

YETI Motors Limited, the dealers of Hyundai motor vehicles, says a new car is no longer a luxury, urging Zambians to embrace the hire purchase arrangement the company has introduced. Hyundai dealer principal, Solomon Kimme said the hire purchase arrangement … read more »

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Nyamuka Zambia Application Period Ends

The Nyamuka Zambia Business Plan Competition application period is now closed. The competition whose application period was officially opened by the deputy Minister of Commerce, Trade and Industry, Honourable Miles Sampa, on Tuesday, 17 February 2015 at 12h00, closed at … read more »

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Uncovering Zambia’s Agriculture Potential

Zambia has one off the most favourable climate in Africa. Despite Zambia being richly blessed with abundant natural resources water inclusive and arable land. She has never fully utilized her agriculture potential. Hon Akinwumi Adesina former Nigeria’s Minister of Agriculture … read more »

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Nyamuka Zambia has announced that Irish Aid has come on board to sponsor the ‘Nyamuka Zambia Good Nutrition Prize’ for its business plan competition. The prize is being sponsored as part of Irish Aid’s contribution to the Scaling Up Nutrition (SUN) … read more »

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WHY we got it all wrong on taxation…..

By Reasonata Taxation has been defined by economists as the reduction of both purchasing power and investment. The former being PAYE deducted from employees and the latter funds that should have been used to create more wealth by companies. A … read more »

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