Business

By Lumbiwe Mwanza IT is disappointing that we are importing US $2 million worth of fruits every week when we can produce all these locally if we invest more in irrigation schemes, Fruits and Vegetables Association of Zambia president Bernard Sikunyongana has said. Speaking to The Scoop this morning, Mr. Sikunyongana

By Lumbiwe Mwanza THE future of Zambia’s aquaculture sector is bleak as the fish deficits remain high, Zambia Aquaculture Cooperative Society Secretary General Ferdinand Simfukwe has observed. Aquaculture contributes about 3.2 percent to the country's Gross Domestic Product (GDP) and provides significant jobs in rural areas but as at last

By Martin Akende in Congo SHOPRITE has announced its exit from the Democratic Republic of Congo market citing security concerns. The giant chain store has also announced exit from Nigeria, Kenya, Uganda and Madagascar market to concentrate on south African market. The move was announced in a notice to the

… as Zambia Breweries moves in to bridge the gap by doubling production Scoop Reporter ZAMBIAN Breweries says it is proactively addressing the growing demand for clear beer in the country through a new investment in its production line. The company says as part of its response towards addressing the

Scoop Reporter THE Mine Workers Union of Zambia (MUZ) has appealed to Government to find an urgent solution to challenges facing Konkola and Mopani Copper mines. Union President Joseph Chewe says Government should quickly end the impasse at the two sleeping giants on Copperbelt to revive the province. Mr. Chewe

By Scoop Reporter The Zambia Development Agency (ZDA) has received possible investment pledges worth US$ 19,950,000 from the business community in Botswana at the just ended GlobalExpo held in Gaborone.  The investment pledges are coming from the manufacturing sector, the service sector and agriculture sector. ZDA Market Development Specialist Tombozi

By Scoop Reporter TRANSPORT and Logistics Minister Frank Tayali says Zambia is accelerating efforts to ensure that the railway sector improves its efficiency and contributes to the movement of heavy and bulk cargo in the region, thereby preserving the road infrastructure. Mr Tayali has further noted that collaboration with the

By Scoop Reporter THE Zambia Development Agency (ZDA) has recorded export deals worth US $24.50 million from the just-ended Democratic Republic of Congo (DRC) trade mission in Lubumbashi. Of the total export deals, US $10.82 million are confirmed orders while US$13.7 million are export leads, with some companies still in

By Scoop Reporter ZAMBIA Breweries has donated K100, 000 to the National Heritage and Conservation Commission (NHCC) for conservation and protection of the Victoria Falls. Zambia Breweries Director of Corporate Communications Ezekiel Sekele and Head of Marketing Sibanje Munkombwe presented the cheque NHCC yesterday. Mr. Sekele said ZB wants to

Martin Akende in Kitwe. EURONEXT has sanctioned ZCCM-IH for non-compliance and failing to publish the financial statements on time. The sanction is as a result of the company's failure to publish the 2021 financial statements before June 30, 2022. To this effect, Euronext Paris has transferred ZCCM-IH's listed shares to