Tag Archives: World Bank

Round up of Business for the week by Uncle Mike

The roundup of news this week reviews a distressing time for some of us who have lived for more than half a century in our country Zambia. Recent developments in the economy are reminiscent of the conditions that existed in … read more »

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World Bank hails Zambia’s economic performance

The World Bank is impressed with Zambia’s economic performance and growth rate which revolves around 5.5 percent annually. World Bank Country Director Kundhavi Kadiresan says the global bank is now determined to go beyond providing technical and financial support to … read more »

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Zambia Projected US$300 million annual copper revenue

THE World Bank says Zambia’s revenue from its vast mining sector will by 2015 increase by an additional US$100 million from the current US$300 million for every overall export earnings of about US$5.3 billion. Country manager for Zambia Dr Kapil … read more »

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Zambian-style business reforms copied

Uganda is borrowing from Zambia’s reform blueprint to raise its doing business ratings in the East African Community bloc and Comesa. This is part of the country’s aspirations to attain a preferred investment destination after years of economic bottlenecks in … read more »

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“Defend parastatals from MMD abuse”

ZAMBIANS should rise up and defend parastatal institutions from being abused by the MMD government, says Fackson Shamenda. Commenting on the raging debate on President Rupiah Banda’s announcement recently that Zesco Limited would install solar geysers free of charge to … read more »

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World Bank lauches Africa’s recovery strategy

By Business Reporter THE World Bank has launched a new strategic plan to enable Africa improve its competitiveness and create more jobs for the continent to alleviate poverty more effectively.   The plan will focus on three pillars that seek … read more »

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‘Zambia’s growth unmatched’

By Business Reporter ZAMBIA is at the threshold of unprecedented economic growth in trade and business which is unmatched anywhere in the region, Stanbic Bank Zambia Limited managing director Dennis Kennedy has said. And Southern Province Permanent Secretary Gladys Kristafor … read more »

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Zambia: Poverty levels worry State

By NANCY MWAPE GOVERNMENT is concerned with the high poverty levels in Zambia and low per capita incomes despite significant strides made in growing the economy over the last decade. Minister of Finance and National Planning Situmbeko Musokotwane said in … read more »

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New Journey for Zambia and Brazil – Banda

LUSAKA, Zambia, His Excellency Mr. Rupiah Banda, President of the Republic of Zambia, has departed Brazil following a successful three-day State visit. His trip, arranged to enhance bilateral and trade relations between Zambia and Brazil, has seen President Banda take … read more »

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