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Access, Fidelity Banks Lead Nigerian Banks in Acquiring Other Banks in Africa

British International Investment (BII) company and Zanaco sign MOU for a US$ 50 million financing facility for SMEs and climate related projects

THE British International Investment Company and Zambia's Zanaco Bank have signed a memorandum of understanding for a US$ 50 million financing facility for Climate Related Projects and support to Small and Medium Scale Enterprises.The MOU was signed in Washington DC and witnessed by British Mini

JACOB MULENGA SUES KALU OVER FAILURE TO PAY LOAN FACILITY

JACOB MULENGA SUES KALU OVER FAILURE TO PAY LOAN FACILITY
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Zambia : FQM increased copper production impressive-Dodia

An Economical Analyst, Yusuf Dodia says the increased production of copper at First Quantum Minerals (FQM) will benefit the country. Mr Dodia said the increase in production will witness more employment and the awarding of contracts to Zambian contractors. Speaking in an interview with ZANIS, Mr Dodia said if production is increased, it means manpower will have to increase which will translates into increased income to the local people. He noted that FQM will have to generate a lot of power to run the mines which will result in the company paying ZESCO, a government company more money which will eventually remain in the economy.

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