…as a nation we cannot operate in a silo while the rest of the world innovates. The sun is still shining. It is time to mitigate and adapt. By Eng Geoffrey Chishimba ChiyumbeHydropower became an electricity source in the late 19th century, a few decades after British-American engineer James Francis developed the first modern water turbine. In 1882, […]
By Grace Makowane A Brazilian media organization has named the Zambian mission in Brasilia a demonstrable leading light that promotes bilateral cooperation between the two countries. Brazil’s Quality Television Director Helio Henrique Silva presented the spotlight outstanding recognition award last night to Zambia’s Ambassador to Brazil, Alfreda Mwamba. The Spotlight outstanding media award ceremony is […]
Bwalya Ng’andu was sworn in as Zambia’s new finance minister, a day after Margaret Mwanakatwe was fired from the post. Ng’andu, 64, a former deputy governor of Zambia’s central bank, is the third person to hold the post in three years. He was sworn in at a ceremony at the presidency in the capital, Lusaka. […]
Access Bank Zambia Limited, has unveiled its new brand identity in Zambia. This follows the successful merger between Access Bank and Diamond Bank in Nigeria in April this year. The concluded merger creates a pan-African financial services champion with a new brand and visual identity that fuses together the best of Access Bank and Diamond […]
By JOHN SAKALA Zambia’s High Commissioner to India Judith Kapijimpanga has invited solar companies in India to consider investing in Zambia where there is power deficit because India now has surplus solar energy. “Zambia has made energy tariffs cost reflective in order to attract private sector investment in order to stabilise energy supply,” Ms Kapijimpanga said. She […]
The Chairman of Vedanta, Anil Agarwal, in his statement for the financial year ended 31 March 2005 reported that the cost of the Konkola acquisition was a gross of $49.2 million. This comprised a subscription for sufficient new KCM ordinary shares for an amount of $25 million for a 51% interest, $23.2 million as deferred […]
The African Development Bank Group has approved an $11.1m loan to support Zambia’s efforts to restore fiscal stability. The funding was approved by the Abidjan-based African Development Fund in a bid to help Zambia improve its management of public resources. The four-year project, spanning 2019–2022, will aim to strengthen the capacity of staff in institutions […]
The World Bank has invited Zambia to become one of the pilot locations for the human capital project, an initiative aimed at scaling-up access to quality education, health, and skills development. The move has been welcomed by Minister of Finance Margaret Mwanakatwe and her counterpart Minister of National Development Planning, Alexander Chiteme. The project is […]
The Independent Observer
Alice Nachilembe
