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Shoprite shakes up Zambia’s retail sector with world-class store

Shoprite shakes up Zambia’s retail sector with world-class store

01/04/2019 - 11:28
The Shoprite Group is set to change the face of retail in Zambia with the opening of the new world-class store in the Woodlands/Kabulonga area. read more
Illovo’s Zambia Sugar raises the bar for output in Africa - Zambia

Illovo’s Zambia Sugar raises the bar for output in Africa - Zambia

09/01/2015 - 12:55
Illovo Sugar’s Zambian unit, which contributes nearly a third of the group’s profit, said it had posted record production of 424 024 tonnes during the milling season ended December. read more
SA firm eyes Zim railways

SA firm eyes Zim railways

26/08/2014 - 11:11
Harare - Zimbabwe’s dilapidated rail infrastructure may soon have a facelift following indications by a South African firm, Grindrod Limited (Grindrod), that it was seeking commodity contracts outside its home market. read more
Zambia International Trade Fair records 14 % drop in attendance

Zambia International Trade Fair records 14 % drop in attendance

10/07/2014 - 10:44
The Zambia International Trade Fair (ZITF) has recorded a drop in the number of people that attended the show this year. read more
Zambian government reverses ban on export of maize

Zambian government reverses ban on export of maize

09/06/2014 - 10:44
The Centre for Trade Policy and Development (CTPD) says the recent bans in the export of maize lacked transparency.  read more
Zim's Zambia exports up 18pc

Zim's Zambia exports up 18pc

26/05/2014 - 10:11
Zimbabwe’s exports to Zambia increased by 18,8 percent to $115,7 million in 2013 from $97,3 million prior year. read more
Kitwe Yemba shopping complex destroyed by fire

Kitwe Yemba shopping complex destroyed by fire

09/05/2014 - 10:20
Goods, worth an undisclosed amount of money, were burnt to a crisp, last week Tuesday, when fire swept through a multi-million Kwacha building complex in Kitwe town. read more
Superior Milling Company to launch new maize products, Zambia

Superior Milling Company to launch new maize products, Zambia

17/04/2014 - 10:43
Superior Milling Company, which has resolved to buy 80,000 tonnes of maize from local farmers this harvest season, will soon launch new maize meal products on the local market. read more
Zambia’s Agricultural Minister shocked by mealie-meal prices

Zambia’s Agricultural Minister shocked by mealie-meal prices

16/04/2014 - 11:35
Agriculture and Livestock Minister Wilbur Simuusa has described the high mealie-meal prices in the country as shocking. read more
Zambian government ponders maize export

Zambian government ponders maize export

09/04/2014 - 09:06
Government is seriously considering a proposal by commercial farmers who want to export a total of 180 000 tonnes of maize to some neighbouring countries. read more
Coffee output declines, Zambia

Coffee output declines, Zambia

09/04/2014 - 08:53
Zambia’s coffee production has declined from 450 tonnes recorded in 2013 to 200 tonnes this year, due to lack of a tree agriculture policy and long-term financing. read more
Food Reserve Agency offloads 200,000 tonnes of maize, Zambia

Food Reserve Agency offloads 200,000 tonnes of maize, Zambia

19/03/2014 - 11:50
The Food Reserve Agency (FRA) has so far offloaded over 200,000 tonnes of maize for sale to millers and selected communities, to stabilise the prices of mealie-meal in the country. read more
Metal exports soar, Zambia

Metal exports soar, Zambia

17/03/2014 - 09:05
A rise in copper export income has pushed Zambia’s metal export earnings to US$7,086.6 billion from $6.511 billion posted in 2012. The merchandise imports bill also increased to $9,234.8 billion. read more
Turkish Business delegation explores opportunities in Ghana

Turkish Business delegation explores opportunities in Ghana

11/03/2014 - 08:03
The Turkish Kitchenware sector is working to increase its trade investment inflow in Ghana through partnerships with Ghanaian industrialists within the next five years. read more
Cattle population expected to double in Zambia

Cattle population expected to double in Zambia

11/03/2014 - 07:41
Cattle population in the country is expected to hit the five million mark by 2015, due to various measures to be taken by the Government. read more
Z-Mart Mall woos chain stores, Zambia

Z-Mart Mall woos chain stores, Zambia

11/03/2014 - 07:30
Z-Mart mall in Ndola is becoming an attraction for mostly multinational chain stores as evidenced by the coming in of Jet stores which opened its doors at the facility earlier in March.  read more
Inflation edges up from 7.3 % to 7.6%, trade surplus up to K283 million, Zambia

Inflation edges up from 7.3 % to 7.6%, trade surplus up to K283 million, Zambia

10/03/2014 - 12:42
Zambia’s annual rate of inflation consumer index has risen by 0.3 percentage points from 7.3 percent in January to 7.6 percent recorded in February. read more
 Zambia concerned with the trade barriers South Africa has imposed on its products

Zambia concerned with the trade barriers South Africa has imposed on its products

28/02/2014 - 09:25
Government says it is concerned with the trade barriers South Africa has imposed on some Zambian products and has led to trade imbalances between the two countries, with earnings standing at K5.65 billion per annum. read more
Zambia, UK seal new taxation deal

Zambia, UK seal new taxation deal

10/02/2014 - 15:03
Zambia and the United Kingdom (UK) Government have signed a new agreement for the avoidance of double taxation (DTA) with respect to taxes on income and capital. read more
Shoprite to open another shopping mall, Zambia

Shoprite to open another shopping mall, Zambia

05/02/2014 - 08:55
Shoprite Holdings will construct a second shopping mall that will house a Shoprite supermarket, a Hungry Lion takeaway and an OK Furniture store in Solwezi as part of its expansion programme. Solwezi is the capital of Zambia’s North Western province.  read more
Zambia’s annual rate of inflation rise by 0.2 percent, trade surplus ticks up

Zambia’s annual rate of inflation rise by 0.2 percent, trade surplus ticks up

31/01/2014 - 09:34
Zambia’s annual rate of inflation as measured by the all items Consumer Index (CPI) has risen by 0.2 percent from December 2013s 7.1 percent to 7.3 percent recorded in January this year. read more
Zambia's Foreign Direct Investment increases

Zambia's Foreign Direct Investment increases

22/01/2014 - 10:24
Zambia's Foreign Direct Investment (FDI) hit slightly below US$2 billion in 2013, up from the US$1.6 billion recorded the previous year, Finance Minister Alexander Chikwanda has said. read more
Zambian mobile operators increase charges, excise duty

Zambian mobile operators increase charges, excise duty

16/01/2014 - 10:55
The three mobile phone service providers in the country have effected the 15% Excise Duty on airtime in compliance with the Customs and Excise amendment Act of 2013.  read more
Levy Shopping Mall boon to Zambian economy

Levy Shopping Mall boon to Zambian economy

11/12/2013 - 11:19
National Pensions Scheme Authority (NAPSA) director general Charles Mpundu says Levy Park Shopping Mall has contributed to national development through job creation during the construction and post-construction phases. read more
Zambian government bans the trading and marketing of pigs in Lusaka

Zambian government bans the trading and marketing of pigs in Lusaka

26/11/2013 - 08:32
Government has with immediate effect banned the trading and marketing of pigs and its products to help in the fight against African swine fever. read more
Allow maize bran export, Millers appeal to government, Zambia

Allow maize bran export, Millers appeal to government, Zambia

22/11/2013 - 10:01
Millers are grappling with stockpiles of maize bran after Government halted the export of the commodity in September this year. read more
Zambia’s food security position is very strong

Zambia’s food security position is very strong

20/11/2013 - 10:50
Agriculture and Livestock Minister Bob Sichinga has disclosed that Zambia was on a strong position in terms of food security in the African region. read more
October inflation down to 6.9 %, Zambia

October inflation down to 6.9 %, Zambia

08/11/2013 - 09:44
The annual rate of inflation for the month of October 2013 has reduced to 6.9% compared to 7.0% recorded in September 2013.  read more
25 milling plants coming, Zambia

25 milling plants coming, Zambia

30/10/2013 - 09:30
THE Zambia Cooperative Federation (ZCF) is scouting for US$21 million to set up milling plants in 25 districts. read more
Shoprite operating normally, license intact - minister, Zambia

Shoprite operating normally, license intact - minister, Zambia

22/10/2013 - 09:30
Minister of Labour and Social Security, Fackson Shamenda, says Shoprite is operating normally and its operating licence is still in force. read more
UNZA shopping mall to cost K248m. Zambia

UNZA shopping mall to cost K248m. Zambia

22/10/2013 - 09:06
The construction of a shopping mall to be the property of the University of Zambia (UNZA) Great East Road campus will cost K248 million. read more
Dunavant diversifies to buying maize, soya beans, Zambia

Dunavant diversifies to buying maize, soya beans, Zambia

16/10/2013 - 11:30
NWK Agri-services, formerly Dunavant Zambia, has diversified its commodity buying opportunities from cotton to soya beans and maize. read more
ZEMA halts Mukuba Mall construction, Zambia

ZEMA halts Mukuba Mall construction, Zambia

10/10/2013 - 12:26
The construction of the US$40 million Mukuba Shopping Mall in Kitwe has hit a snag after being halted by the Zambia Environmental Management Agency (ZEMA). read more
Zambia’s 2013 debt to reach 37% of GDP

Zambia’s 2013 debt to reach 37% of GDP

10/10/2013 - 11:52
Zambia’s domestic and external debt for the year 2013 is projected to reach 37 percent of the country’s GDP. read more
Blackstar plans to fight Shoprite bid, Zambia

Blackstar plans to fight Shoprite bid, Zambia

01/10/2013 - 11:28
Lusaka - Blackstar Group SE, an investment company, said it will join other shareholders in fighting Shoprite Holdings Ltd.’s attempts to reverse trades in the retailer’s stock in Zambia. read more
Zambia ranked 7th competitive economy in Africa and 93rd in the World

Zambia ranked 7th competitive economy in Africa and 93rd in the World

09/09/2013 - 10:28
The World Economic Forum (WEF) has ranked Zambia as one of the top 10 most competitive economies in Africa for 2013. read more
Zambia: Mealie meal prices now fetching K90 in most parts of Western Province

Zambia: Mealie meal prices now fetching K90 in most parts of Western Province

30/08/2013 - 09:02
Mealie meal prices have continued to rise in most parts of Western Province with Sikongo having the highest cost of K90 per 25kg bag of breakfast and K85 roller meal.  read more
Tanzanian firm to open ginnery in Zambia

Tanzanian firm to open ginnery in Zambia

27/08/2013 - 09:44
A Tanzanian firm has indicated its intention to set up a cotton ginnery in Zambia to provide a ready market for small-scale cotton growers in the country. read more
SABMiller ramps up brewing in Africa

SABMiller ramps up brewing in Africa

26/08/2013 - 08:21
In a bid to ensure it is able to harness the ongoing strong demand in Africa, SABMiller announced two major investments in the region yesterday.  read more
Zambia in 15,000 tonnes rice deficit

Zambia in 15,000 tonnes rice deficit

21/08/2013 - 10:04
Zambia will this year face a rice deficit of 15,000 tonnes against the national requirements of more than 62,000 tonnes due to poor yields, the Japanese International Cooperation Agency (JICA) report has revealed.  read more
Major Lusaka road project launched, Zambia

Major Lusaka road project launched, Zambia

21/08/2013 - 09:45
Transport, Works, Supply and Communication Minister Yamfwa Mukanga has launched the Lusaka 400 kilometers road project. read more
More contaminated Zambeef products burnt

More contaminated Zambeef products burnt

16/08/2013 - 08:49
About 65,000 kg of contaminated Zambeef products that were confiscated from the northern region were disposed of this week in Kitwe by burning them.  read more
25 Chinese firms set up in Zambia's Chambishi MFEZ

25 Chinese firms set up in Zambia's Chambishi MFEZ

13/08/2013 - 09:27
A total of 25 Chinese enterprises worth US$1.2 million have been set up in the Chambishi Multi Facility Economic Zone (MFEZ) in the past year, the Zambia Development Agency (ZDA) has said.  read more
Zambia's economic outlook will remain favourable, Bank Governor

Zambia's economic outlook will remain favourable, Bank Governor

13/08/2013 - 09:00
Zambia’s economic outlook will remain favourable in the second half of 2013 due to continued strong domestic investments in key productive sectors. read more
Zambeef announces 100% Zambian beef policy

Zambeef announces 100% Zambian beef policy

26/07/2013 - 10:57
Zambeef Products has made a landmark decision to deal exclusively in Zambian beef products, and will no longer sell any imported beef. read more
Retail price of mealie-meal hiked, Zambia

Retail price of mealie-meal hiked, Zambia

18/07/2013 - 09:43
The retail price of mealie-meal has been increased by about K5 after millers hiked the cost of the staple food by K2 on account of the removal of fuel and maize subsidies.  read more
Zambia’s Eastern Province tops maize production

Zambia’s Eastern Province tops maize production

02/07/2013 - 11:22
Eastern Province has recorded the highest production in maize, groundnuts and sunflower in the 2012/13 farming season. read more
Zambia: Inflation up 0.3 p.c.

Zambia: Inflation up 0.3 p.c.

28/06/2013 - 12:11
Zambia’s inflation rate has increased by 0.3 percentage points from seven per cent recorded in May 2013, to 7.3 per cent this month, while the country has recorded a trade surplus valued at KR267.8 million. read more
Two Zambeef trucks impounded

Two Zambeef trucks impounded

25/06/2013 - 08:44
The Zambia Revenue Authority (ZRA) at Katima Mulilo border has impounded two Zambeef trucks carrying meat products imported from Ireland.  read more
Zambia: Ross Breeders plans $17m expansion

Zambia: Ross Breeders plans $17m expansion

22/05/2013 - 11:27
Rosss Breeders Africa plans to invest US$17 million this year to expand its operations in Zambia, the company stated yesterday. read more
Illovo hits record as sugar crop recovers

Illovo hits record as sugar crop recovers

16/05/2013 - 10:25
Johannesburg - Illovo Sugar Ltd., Africa’s largest sugar producer, rose to a record as investors anticipate a recovery in output after a drought. read more
Zambia’s textile sector output rises 3.5% in 2012

Zambia’s textile sector output rises 3.5% in 2012

09/05/2013 - 11:57
The output of textile, clothing and leather sub-sector of the Zambian industry increased marginally by 3.5 percent year-on-year in 2012, according to the Central Statistical Office (CSO). read more
Zambia: Inflation declines to 6.5 per cent

Zambia: Inflation declines to 6.5 per cent

09/05/2013 - 11:42
ZAMBIA’s inflation rate for this month has slowed down by 0.1 per cent to 6.5 per cent from 6.6 per cent in March, while the trade surplus has gone up to KR307.7 million. read more
Construction of Zambia’s largest mall to start soon

Construction of Zambia’s largest mall to start soon

23/04/2013 - 10:05
The construction of the US$200 million shopping mall in Kitwe which is expected to be the largest in Zambia will finally take off in the next two months. read more
SABMiller aims for nine-percent rise in African beer sales

SABMiller aims for nine-percent rise in African beer sales

11/04/2013 - 10:28
SABMiller planned to boost beer volume sales in Africa by between 7 percent and 9 percent a year by slashing prices, using more local grains and cheaper packaging, and negotiating better tax terms with governments, the company said yesterday. read more
MultiChoice Zambia opens DStv agency in Kitwe

MultiChoice Zambia opens DStv agency in Kitwe

05/04/2013 - 09:34
MULTICHOICE Zambia has opened a new Digital Satellite Television (DStv) agent outlet in Kitwe to serve its customers effectively and efficiently. read more
Zambia: Seed trade rules menace to small-scale farmers

Zambia: Seed trade rules menace to small-scale farmers

05/04/2013 - 09:27
Community Technology Development Trust (CTDT), a local civil society organisation says domestication of the draft COMESA Seed Trade Harmonisation regulations will hinder small-scale farmers from participating in the seed business. read more
Pick n Pay grows African footprint with sixth Zambian store opening

Pick n Pay grows African footprint with sixth Zambian store opening

27/03/2013 - 12:04
[Cape Town, 21 March 2013] As part of its strategic expansion into Africa Pick n Pay will open its sixth Zambian store in Luanshya – in the country’s Copper Belt Province. This is a signal of confidence in Zambia’s economic future and takes the total number of Pick n Pay stores outside of South Africa to 95, across eight countries.  read more
Zambia resolves to avoid debt trap

Zambia resolves to avoid debt trap

06/02/2013 - 08:18
Lusaka - Zambia will be careful not to fall back into unsustainable levels of debt as state-owned firms look to borrow from international markets to invest in infrastructure projects, Deputy Finance Minister Miles Sampa said on Tuesday. read more
Zambia: Tujilijili liquor ban: High Court reserves judgment

Zambia: Tujilijili liquor ban: High Court reserves judgment

18/01/2013 - 09:52
The Lusaka High Court has reserved judgment in a matter in which 15 liquor companies have challenged the Government’s decision to ban them from manufacturing and supplying alcoholic drinks, popularly known as ‘Tujilijili’. read more
‘Zambia’s economy to grow at 7.3 p.c. in 2012′

‘Zambia’s economy to grow at 7.3 p.c. in 2012′

10/01/2013 - 09:46
Zambia will record an economic growth rate of 7.3 per cent this year, slightly higher than the 2011 growth rate of 6.8 per cent, the World Bank has projected.  read more
Zambian Government launches “Operation Flood the Market” to stabilise Mealie Meal prices

Zambian Government launches “Operation Flood the Market” to stabilise Mealie Meal prices

20/12/2012 - 11:33
The Government has through the Food Reserve Agency (FRA) has embarked on a special exercise called Operation Flood the Market under which it will offload 112,860 tonnes of maize to millers across the country.  read more
Pick n Pay opens outlet in Kitwe, Zambia

Pick n Pay opens outlet in Kitwe, Zambia

30/11/2012 - 07:56
Pick n Pay Zambia has opened its outlet in Kitwe with the Government commending the chain store for investing over K132 billion into the country. read more
Saving money and making friends: Why SABMiller is engaging local farmers

Saving money and making friends: Why SABMiller is engaging local farmers

24/10/2012 - 09:26
By sourcing raw materials directly from farmers in Africa, beer producer SABMiller is cutting costs while also winning the support of local communities. read more
One-stop shop at borders speeds up trade

One-stop shop at borders speeds up trade

07/05/2012 - 08:31
A ground-breaking one-stop border post (OSBP) at Chirundu between Zambia and Zimbabwe has demonstrated how the cost of trading in Southern Africa can be substantially reduced by streamlining border procedures. read more
Trade within SADC only for those with deep pockets

Trade within SADC only for those with deep pockets

13/02/2012 - 09:58
Companies looking to trade within the Southern African Development Community (SADC) need deep pockets, plenty of patience and excellent organising skills to keep track of all the required paperwork. read more
Food price pressures

Food price pressures

13/02/2012 - 07:51
Johannesburg/Lusaka - A tight grain supply outlook after several bumper harvests is set to fan food price pressures in southern Africa, fuelling salary demands and threatening to knock the region's fragile economies out of kilter. read more
Pick n Pay Launches 4th Store In Zambia

Pick n Pay Launches 4th Store In Zambia

08/12/2011 - 09:08
Cape Town - Pick n Pay recently launched its fourth Zambian store. Pick n Pay opened its first store in Lusaka in July 2010; its second store in Ndola in March 2011; and the third in Levy in November 2011. The fourth store, which will be situated in Makeni, is one of five planned for the country over the next four years. read more
Better weather, prices boost Crookes’ earnings

Better weather, prices boost Crookes’ earnings

30/11/2011 - 09:48
Crookes Brothers, the listed agricultural group, reports a 172% jump in diluted headline earnings read more
Pick n Pay opens third store in Zambia

Pick n Pay opens third store in Zambia

25/11/2011 - 09:32
Retailer Pick n Pay has announced the opening of its third Zambian store in Lusaka, further signalling the group's confidence in the Zambian economy.  read more
Illovo ups revenue, warns on output

Illovo ups revenue, warns on output

23/11/2011 - 08:39
Johannesburg - Illovo Sugar [JSE:ILV] posted a 12% rise in first-half earnings on Wednesday helped by currency weakness and cost cutting but said output was still struggling to recover from a 2010 drought in KwaZulu-Natal province. read more
SA firm to boost Zambia sugar output by 50%

SA firm to boost Zambia sugar output by 50%

04/04/2011 - 00:00
Lusaka - A South African company plans to build a R1.7bn sugar and bio-ethanol plant in Zambia, one of the largest non-mining investments in recent years in Africa's biggest copper producer, an official said on Saturday. read more
Pick n Pay ventures into Zambia

Pick n Pay ventures into Zambia

27/07/2010 - 00:00
Johannesburg – Pick n Pay Stores [JSE:PIK] is looking increasingly to southern Africa for growth, signalled by the opening of its first store in Zambia on Thursday. read more