Category: Business
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Zuckerberg to managers: Don’t just manage, also code and contribute or else resign
In Short Meta CEO Mark Zuckerberg fired 11000 employees in November 2022. Zuckerberg has more…
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Kanye West: Adidas warns of losses from Yeezy fallout
Adidas has warned over the potential major impact on its profits of ending its partnership…
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Apple sales in biggest fall since 2019
Apple sales dropped at the end of 2022 as shoppers squeezed by the rising cost…
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Statutory reserve ratio increased
The Bank of Zambia (BoZ) has increased the Statutory Reserve Ratio from 9 percent to…
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Zambia – World Bank unveil US$26.5 million Electricity Services Access Project Loan Facility
By John Chola The Zambian government has with support from the World Bank (WB) finally…
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India’s Adani slammed by $45 bln stock rout, clouding record share sale
Shares of India’s Adani Enterprises (ADEL.NS) sank nearly 20% on Friday as a scathing report…
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FQM records year-on-year increase in copper production at sentinel mine
(Langemead & Baker)-First Quantum Minerals has reported a year-on-year increase to 242,000 tonnes of copper…
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BAZ warns any further delays to resolve Zambia’s debt situation by second quarter of 2023 will exert more pressure on the kwacha and inflation
The Bankers Association of Zambia-BAZ- has warned that any further delays to resolve the country’s…
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British firms to invest US$2 billion in Zambia’s energy sector
(ZNBC)-Seven companies from the United Kingdom are investing TWO Billion dollars in setting up renewable…
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Businesses face toughest conditions in 22 months — PMI index
Zambia’s businesses face toughest conditions in 22 months due to challenging economic conditions and continued…