Metro
UBA invests in peace in Africa, donates to AU’s peace fund
The United Bank for Africa (UBA) PLC has reportedly donated US$500,000 to the African Union (AU) Peace Fund, reaffirming its commitment to promoting ...
International
Nigerian banking stocks surge 12.24% as leaders raise over $662 million for capital boost
Nigerian banking stocks have experienced a significant surge since January 7, driven by several major lenders raising over ₦1 trillion ($662 million) from ...
Economy
Mines Contractors Association presses Mopani to expedite supplier certification process
The Mines Contractors and Suppliers Association (MCSA) has urged Mopani Copper Mines (MCM) to accelerate the registration and issuance of certificates to local ...
Economy
Bank of Zambia governor says cap on non-resident participation in govt securities hurting market
The Bank of Zambia (BoZ) has stated that limiting non-resident participation in the primary market for government securities to no more than five ...
ZM Index
Kwacha expected to stabilize as hard currency demand drops ahead of week’s trading activities
The Zambian Kwacha is expected to hold steady this week amid reduced demand for hard currency. This followed slight losses recorded against the ...
International
Detained Ugandan opposition politician, Besigye, returns to prison after health crisis reportedly triggered by hunger strike
Ugandan opposition figure, Kizza Besigye, who has been on hunger strike for a week, was rushed to a health clinic overnight after his ...
Tech
Techbytes: Meta confirms ‘Project Waterworth,’ a global subsea cable project spanning 50,000 kilometers (Techcrunch)
Meta, owner of Facebook, Instagram, and WhatsApp, has confirmed US$10 billion+ subsea cable project to connect up the globe which would connect five ...
Economy
Government owes $375 million as interest accruing on fuel procured on credit, Energy minister, Chikote says
Zambia’s fuel procurement debt has accumulated to US$375 million in interest over the years, according to Energy Minister, Makozo Chikote. At the time ...
Economy
SADC, COMESA regional leaders reaffirm support for Maimbo’s candidacy ahead of AfDB presidential elections
The Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA) have officially endorsed Zambia’s Samuel Munzele Maimbo ...
Economy
Zambia, Malawi in knowledge exchange, discuss mining agreement strategies
A Malawian delegation has engaged the Zambian government on strategies for negotiating mining agreements and establishing special-purpose vehicles with foreign investors. According to ...
