Tag Archives: growth

Barclays to merge SMEs banking

BARCLAYS Bank Zambia Plc is set to merge the Small and Medium Entrepreneurs (SME) banking with local business in an effort to provide an offering that meets the needs of small scale businesses. Speaking on behalf of company managing director … read more »

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Lafarge forecasts demand growth

LAFARGE Cement Plc has forecast market growth for cement this year after posting an increase in 2012 profits. And Standard Chartered bank managed to increase its profits for a 10th consecutive time last year despite being hit by a huge … read more »

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ZAMBIA: Business Review by Uncle Mike

BILL TO INTRODUCE CONTOL OF FOREIGN EXCHANGE… There we go again. Currently there is a bill before parliament presented by the minister of finance to amend the bank of Zambia act. Specifically the bill Proposes the re introduction of foreign … read more »

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Stanchart to inject $300m in local SMEs

THE small-scale business sector is to receive a boost from Standard Chartered Bank which has projected to inject a total of US$300 million to support the growth of Small and Medium Entrepreneurs (SMEs) in the country. Standard Chartered Bank managing … read more »

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Lusaka second on top 10 African cities with most growth over the next five years

This is if the recently released MasterCard African Cities Growth Index is to be believed. The index, produced on behalf of MasterCard by Prof. George Angelopulo of the University of South Africa, includes 19 sub-Saharan African cities, ranking them according … read more »

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Zambians in Diaspora can be part of an accelerated economic growth rate

By Daniel Mwamba Diaspora’s capabilities in terms of remittances, investment and knowledge transfer are crucial to the development of Zambia. Thus, Zambians in the Diaspora are equipped to invest in Zambian companies and establishing new ventures. The Zambian Diaspora should … read more »

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Condition of Baby Struggling with Growth on Eye Worsens

The condition of the two year old baby struggling with a growth on his left eye has worsened. And the parents to the infant are disappointed with the University Teaching Hospital-UTH management for failure to conduct an operation urgently. Earlier … read more »

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ZAMBIA: 2013 economic outlook bright

ZAMBIA’s economy is now attracting the attention of people from all over the world as a result of the favourable political and socio economic environment which enabled the country to record positive and significant growth in 2012. The economy of … read more »

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Zambia to benefit from AfDB’s $350m

Zambia is expected to benefit from the US$350 million set aside by the African Development Bank (AfDB) to fight drought and food insecurity in Africa. AfDB resident representative to Zambia Freddie Kwesiga said the bank would also provide about $100 … read more »

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