Business News

LCC CONCERNED WITH FAKE BUSINESS LICENSES

The Lusaka City Council (LCC) has intensified inspections to combat the issuance of fake business licenses following an observation made by the authority of business owners presenting with counterfeit licenses during inspections. In an effort to protect legitimate businesses and consumers, the Council has initiated rigorous inspections to restore normalcy…

ZAMBIA COMMENDS FINLAND FOR ITS CONTINUED SUPPORT

Minister of Green Economy and Environment Collins Nzovu has commended Finland for the technical support it continues to provide to Zambia in various sectors including matters relating to climate change, forestry and circular economy. Mr. Nzovu was speaking during a bilateral corporation in the forestry, climate change and circular economy…

ZAMBIA AIRPORTS CORPORATION LIMITED SERVES OVER TWO MILLION GENERAL PASSENGERS IN 2023

Zambia Airports Corporation Limited has disclosed that it served 2,056,312 general passengers in 2023, the highest number of passengers since its inception representing an increase of 24% compared to 1,653,077 recorded in 2022. International passengers recovered by 103% with Kenneth Kaunda International Airport recording the highest recovery of 115%. Corporation…

BOZ ADVISES AGAINST ENGAGING IN MONEY CIRCULATING SCHEMES

The Bank of Zambia (BoZ) has stressed that all money circulation schemes commonly known as ‘Ponzi’ schemes are fraudulent in nature. Boz Principal Examiner Consumer Compliance and Market Monitoring Moses Musantu said this when he responded to callers on Christian voice’s chat back program in Lusaka today on the topic…

POOR QUALITY HINDERING ZAMLEATHER GROWTH

“Zamleather misses out on opportunities to benefit from the global pricing due to poor quality of raw hides and increased freight costs,” Zambeef Products PLC subsidiary, Zamleather Limited General Manager, Richard Franklin, has said. This came to light when the Permanent Secretary for the Ministry of Fisheries and Livestock Himba…