Fastjet Airlines launches operations in Zambia

Fastjet Airlines launches operations in Zambia »

3 Feb, 2014
Business

Fastjet Airlines has officially commenced operations on their second international route from Dar-es-salaam which landed at Kenneth Kaunda International Airport on 1st February 2014 at about 11:47hrs Central African Time (CAT). Fastjet Marketing Director Jai Gilbert said it is a good to have launched services on this route, in support of the strong trade connection between Tanzania andZambia will ultimately strengthen their relations.

BOZ maintains monetary and policy rate for December »

15 Dec, 2013
Business

THE Bank of Zambia (BoZ) has maintained the policy rate for the month of December 2013  at 9.75 per cent, head of public relations Kanguya Mayondi has announced. He said this in a statement in Ndola last week that the committee noted that the recent developments in inflation have broadly been in line with expectations, as annual overall inflation was recorded at 7 per cent in November 2013.

New shoping mall: threat to Mtendere small scale traders »

5 Dec, 2013
Business

Mtendere small scale business men and women have expressed worries over a newly opened Pick n Pay outlet in the area. The traders who were also part of the crowd which gathered to witness the openning of the store said that their businesses will be greatly affected because people will now be rushing to the newly opened shopping centre. Beulani Tembo,   a business man in Mtendere said his business was now threatened because most of the people would be rushing to Pick n Pay store.

Lusaka Pork traders grieved over Pork Ban

Lusaka Pork traders grieved over Pork Ban »

27 Nov, 2013
Business

SOME Lusaka pork traders are grieved over the ban on movement and trade of pig and pork products in Lusaka Province.   This was after the Minister of Agriculture, Corporative and Livestock, Bob Sichinga announced the ban explaining that the ban was due to an outbreak of  African swine flue.   One Lusaka City Market pork trader Florence Mulenga told the Lusaka Starin an interview that the ban would negatively affect her business.

There is correlation between education and entrepreneurship – 2013 GEM report

There is correlation between education and entrepreneurship – 2013 GEM report »

27 Nov, 2013
Business

THE 2013 Global Entrepreneurship Monitor (GEM) Sub-Saharan African Regional Report has shown that there is a positive correlation between education and a country’s entrepreneurship activities.   Speaking when presenting findings of the report during the International Development Research Centre (IDRC) conference held in Lusaka, GEM executive director Mike Herrington said lack of basic education was a constraint on business development as it reduces a person’s efficiency and productivity.

Rapid economic growth, a boost to Zambia’s entrepreneurship sector »

27 Nov, 2013
Business

UNIVERSITY of Zambia Development Studies lecturer says Zambia is emerging as a potential entrepreneurial society.   Dr. Francis Chigunta, who is also the Zambian coordinator for Global Entrepreneurship Monitor (GEM) Consortium, says Zambia’s rapidly growing economy provided an enabling environment for the growth of entrepreneurship activities in the country.  

Mecer  Zambia Clears air over students’ laptops delay

Mecer Zambia Clears air over students’ laptops delay »

22 Nov, 2013
Business

Students at the University of Zambia have bemoaned the late delivery of the laptops by Mecer Zambia after having the money debited from their meal and book allowance.   But Mecer Zambia has clarified that the delay had come about because the agreement was for the laptops to be delivered to registered students by Mecer within ten working days of receipt of the compiled and screened list by the Bursaries Committee.  

ZANACO and UNZA sign K180,000 MoU

ZANACO and UNZA sign K180,000 MoU »

30 Sep, 2013
Business

ZAMBIA National Commercial Bank (ZANACO) and the University of Zambia (UNZA) have signed a Memorandum of Understanding (MoU) involving K180, 000 for the implementation of financial education and entrepreneurship capacity building. Speaking at the signing ceremony at UNZA, Zanaco managing director Martyn Schouten said the MoU would specifically benefit the University’s School of Agricultural Sciences. Mr Schouten said Zanaco’s focus on agriculture is part of the company’s strategy to enhance its business.

UNZA traders exaggerate commodity price hikes

UNZA traders exaggerate commodity price hikes »

23 Jul, 2013
Business

UNIVERSITY of Zambia (UNZA) traders have taken advantage of the removal of subsidies to peg prices at higher rates than they are outside the institution. This has raised concerns among students and questioned the methods used by UNZA traders to fix their prices. 
A second year student in the school of Education Alice Mwale, complained on the increase of commodity prices at the institution.

Consumers complain about unsolicited promo messages from mobile phone service providers »

5 Apr, 2013
Business

AIRTEL, Zamtel and MTN Zambia mobile phone users have complained about the number of promotional messages that are sent to their phones without their consent. One of the subscribers, Joseph Musengo, said in an interview with the Lusaka Star that it was irritating that Airtel, ZAMTEL and MTN had continued sending promotional messages at awkward times. Musengo said it was unfortunate that the three mobile phone service providers had continued to disturb the consumers through messages and phone calls to advertise their promotions.