With a nine billion US Dollars asset balance sheet to achieve, Mr Mateyo Chresta Kaluba has his sleeves folded. He rose from a simple registry clerk in his formative years, to his current position of Group Chief Executive Officer of the Industrial Development Corporation (IDC) established to create and maximize long-term shareholder value as […]
As the new normal continues, Zambia’s leading airline, Proflight, says it has started recording an increase in customer demand on its local and international routes after months of steep declines. Proflight Corporate Director Chitalu Kabalika said that new bookings on the Lusaka-Johannesburg route as well as local flights are now outpacing cancellations, a turning point […]
Amano Capital have made their second early-stage strategic investment of the year into ComGrow, a fintech solution focusing on utilizing traditional village banking system’s as a way of tackling Africa’s high borrowing rates. The company was founded by Mkuzo Kuwani and Mikael Maingard, Michaelhouse Old Boys, now fresh out of Durham (Mkuzo) and Stellenbosch (Mikael) […]
“The essence of business strategy is choosing what not to do” Michael Porter, Economist, and founder of strategic management Key facts: 2008 – Company launched Targeted device – Basic phone Market deployed: Zambia and Malawi Estimated number of end-users: 600,000+ as of august 2013 Combined monthly average transaction volume: $ 25,000,000+ as of august 2013 […]
In a recent poll conducted by Financial Insight Zambia, 75 percent of Zambian professionals who took part in it indicated that Village banking offered better returns compared to most products offered by financial institutions. The survey which was conducted on fizambia.com’s LinkedIn platform that has over 10,000 professionals shows a growing trend by most professionals […]
The Chairman, Mr. Mulendo Siame, FCCA and the entire ACCA Zambia Member Panel wish to congratulate the Country Head of ACCA Zambia, Mrs. Janice Matwi on being this year’s recipient of the Global ACCA Chief Executives Officer (CEO) award. The awards are held yearly to recognize individuals’ outstanding achievement in support of ACCA global’ s critical strategic […]
The Zambia Crocodile Farmers Association (ZaCFA) has welcomed the 2021 Budget announcement of the removal of 10 percent export duty on raw crocodile skins. The lifting of the duty was a “great relief’ said association spokesperson and Kalimba Farms chairman Bill Thomas. In his Budget speech to Parliament on Friday (September 25, 2020), Minister of […]
The idea for the Lusaka Grocery Delivery company was created as a direct response to the impact of the COVID 19 pandemic. The team behind the website recognized a gap in the online retail market, as only 14% of the economy actively shops online. With the restrictions implemented by the government and the risk of […]
A Walk Down Memory Lane: The Walking Dragline – the machine that saved Zambia The year is 1965 and the newly formed Republic of Zambia, still brimming with confidence after the successful push for independence, is looking to find her feet in the global economy. Operating on a Transitional Development Plan (TNDP), Government’s early development […]
At this moment in our history, one is most likely to be right if they said,’there is no industry that has been spared by the adverse effects of Covid-19.’ The world pandemic has brought down many businesses down to their knees. Many workers have been retrenched as most companies are unable meet their normal productive […]
Opinion
