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Government directs Kagem to auction emerald locally

The announcement by government through the minister of Mines, Energy and Water Development Hon. Yamfwa Mukanga, MP, saying the auctioning of gemstones will be held within Zambia sent ripples to the world’s largest emerald mining firm Kagem Mining.

In a statement to the media Kagem immediately responded saying that ‘Such measures are potentially detrimental to the Zambian gemstone sector and would prevent the company from being able to freely sell its gemstones in the markets where it believes it would realise the best prices.’

Should Soya be consumed or quarantined?

Rarely do parliamentary committee hearings in Zambia cause headline news, and if they do the matter is usually on topical subjects such as corruption in the auditor generals reports, the constitution making process and political conduct.

However, Martin Sampa, a PhD candidate’s submission to the Parliamentary Committee on Health caused tremours among the public and in the corridors of policy makers when it made the news.

AfriConnect announces the launch of the fastest internet service provision in Zambia - 4G!

On March 21, 2012 AfriConnect, Zambia’s leading internet service provider (ISP) launched its 4G internet service, making the company’s service the fastest in the country.

AfriConnect’s 4G service is a low cost service for mass market which is aimed at giving more Zambians access to a resilient, high speed internet connection. This fourth generation WiMAX network is the very latest technology, designed to bring high-speed reliable internet connectivity to clients at a new low price.

Ambitious customer recapitalisation can make TAZARA a money train

ZAMTEL remains innovative as it launches 3G network

The race to enlist more customers to internet service is on, as information and communication technologies [ICTs] companies push to claim the top spot in a sector where internet penetration in the country is still estimated below 10 percent.

NATSAVE celebrates 40 years of financial empowerment to rural households

Natsave MD, Cephas Chabu with staff

Turning 40 for anyone is a ‘Big Deal’, and the National Savings and Credit Bank’s (NatSave) 40th Anniversary, April 16, is probably the best corporate event so far this year.

The bank has a lot to celebrate, created on April 1st, 1972 by an Act of Parliament, the bank has enjoyed the best of times, in the 80’s. During this time NatSave had the financial muscle to construct its lustrous headquarters ‘Saver’s House’ and was doing very well servicing its customers with saving and credit schemes, which many Zambians found appealed to their needs.

Emirates launches Lusaka office

Jean Luc Grillet

Renowned for its superior airline service Emirates opened its plush new sales offices in Lusaka. The airline continues to set a standard that other airlines aspire to emulate.

Jean Luc Grillet, Emirates’ senior vice president, Commercial Operations Africa, officiated at the cocktail party to launch the offices which was attended by dignitaries, corporate guests and travel agents.

Addressing the media, Grillet announced that since the launch of the Emirates into Zambia February 1st, business has been ‘so successful’ that the airline would embark from five to daily flights as of October 1st.

Federation for Small scale Mining Association in Zambia

Government policy must come to bear in Mining -
for how long must small scale miners cry to government?
The president of the Federation for Small Scale Mining Association in Zambia (FESSMAZ), Marc Kalemba was at pain to express the many challenges his members are up against, in an interview with Commerce Gazette.

If foreigners can acquire wealth using our local raw natural resource, why shouldn’t Zambians? The basic difference between foreign investors and local entrepreneurs is access to financial resource, technical support and marketing which they have and we don’t. As a result the middle men and illegal miners are making exorbitant profits on the sweat and hard work of our small scale miners who continue mining because of poverty.

Finance Bank footprint backs expansion on branches

FBZ Managing Director and CEO - Barkat Ali

In Zambia there is a dual financial system one for the middle and high-income consumers, and another one for the people that can least afford it. In many parts of the country you won’t see bank branches. However, Finance Bank is determined to change this. Not only has it continued to expand its branch network but it is the only bank in number of locations in the country.

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Government policy must come to bear in Mining -for how long must small scale miners cry to government?

FBZ Managing Director and CEO - Barkat Ali

Government policy must come to bear in Mining -
for how long must small scale miners cry to government?