The Zambian
Gateway to Zambia
Zambian News » All Tags » Investment (RSS)

Browse by Tags

Sorry, but there are no more tags available to filter with.

  • The Credit Crunch in Zambia

    Commercial banks - mostly subsidiaries of foreign banks - are the most dominant financial institutions in Zambia. The banking system is comprised of 14 commercial banks, holding 90 percent of financial assets. Foreign equity participation is significant, accounting for three quarters of the banking system capitalization with regional leaders such as Standard Chartered, Barclays or Stanbic controlling a sizable part. However, a financial sector diagnostic carried out by the World Bank Group noted that by the end of 2005, credit to the private sector by banks represented only 8% of GDP in 2005. Furthermore, only 5,000 people hold 90% of loans, and just 8% of Zambia's adult population had a bank account as of 2005.
    Filed under:

  • Valuable lessons for aspiring 'foreign investors'

    Those aspiring to break into economies at the bottom of pyramid (e.g. Zambia) face the main challenge of how build a business model that would adequately 'sell to the poor', through the acquistion of resources at a cost below their potential and deploying these resources into capabilities that create higher than average benefits for constomer. Simply put the poor are poor and therefore you need to find ways of stimulating demand, and while at the same time navigating your way around the endless list of trouble spots e.g. corruption, undefined property rights and so forth.
    Filed under:

  • From bad DAs to new shambolic loans?

    A new Norwegian NGOs report on the Zambia - China Relations paints a bleak picture of Zambia's weak external debt control mechanisms. According to the report, loan contracts between China and Zambia are not open to public scrutiny, leaving a lot of power in the hands of the President. The new post-HIPC loans are often made at the highest political level, and because of the lack of transparency the agreements are not available to parliament, civil society or media.
    Filed under:

  • Zambia invites Indian firms to set up tax-free zone

    After giving China a tax free zone, the southern African nation of Zambia wants to create a similar exclusive economic zone for Indian companies to bring 'value-addition' to its mining industry. 'We have had a long partnership in India, with investments in several areas. But what has been lacking was visibility. This zone will help in improving India's profile (in Zambia),' visiting Zambian Minister for Commerce, Trade and Industry Felix Mutati told IANS.
    Filed under:

  • Pakistan and Zambia to enhance bilateral trade

    The Trade Development Authority of Pakistan (TDAP) had arranged a 5-day visit of an 11-member trade delegation to Lusaka, last week. The objective of the visit was to enhance bilateral trade relations, to explore the local market for Pakistani products, to discuss other allied issues with their Zambian counterparts. It comprised businessmen representing textiles, cosmetics, safety matches, rice, tents & canvas, pharmaceuticals, surgical instruments, sports goods, agri-equipment, tractors, food items, and hardware sectors.
    Filed under:

  • Barclays Bank Zambia secures 31 million USD investment bond

    Barclays Bank Zambia has secured a 125 billion kwacha (over 31 million U.S. dollars) investment bond from the European Investment Bank (EIB) in Luxembourg for lending to productive sectors of the economy of Zambia, Times of Zambia reported Thursday. Briefing journalists at the Barclays Bank head office in Lusaka Wednesday, managing director Zafar Masud said the development was set to capture the attention of international investors to the booming Zambian market.
    Filed under:

  • Zambia should invest new tax revenue in infrastructural development

    The British High Commissioner to Zambia, Alistair Harrison, has urged the Zambian government to take advantage of its envisaged strengthened financial position owing to the increased mine tax revenue to invest in infrastructural development. Speaking Tuesday when he hosted journalists at the British High Commission in the capital Lusaka, Harrison noted that the new tax regime would enhance Zambia's financial position and the challenge was now to invest the money in infrastructure.
    Filed under:

  • China buys its future from Africa

    The city of Kitwe is in the heart of the Zambian copper belt. The new roads and lush green parks intersecting the shanty towns hint at the boom in copper prices, which have quadrupled in six years. But neither Zambian mining firms nor the government paid for them. The roads and parks are a gift from China. In the past couple of years, all over Africa and Asia, Chinese-built roads, railways, hospitals and schools have been springing up. They are part of China's relentless drive to secure access to the natural resources it needs to maintain its economy's extraordinary boom. In Nigeria, China has promised to spend $4bn on infrastructure such as railways, power plants and phone networks in return for preferential bidding rights over the country's oil industry. Shell is also thought to be selling its stake in two offshore oil licences in Nigeria. The state-owned China National Offshore Oil Corporation (CNOOC) is one of the favourites to buy.
    Filed under:

  • Zambia lauds China investment,but seeks improvements

    Zambian President Levy Mwanawasa on Tuesday praised China's role in his country but told investors from the Asian economic giant to improve its treatment of local workers in the key copper mining sec
    Filed under:

  • Zambian president hails Zambia-China trade

    Zambian President Levy Mwanawasa praised Tuesday the establishment of the Zambia-China Economic and Trade Cooperation Zone, which he said would provide more job opportunities and help improve the liv
    Filed under:

  • China in Africa

    One of the biggest current affairs dynamics of recent times has been China's burgeoning presence and interest in Africa. Chinese migrants to Africa total about 750000, and these include shopkeepers,
    Filed under:

  • Levy Courts New Zealand Investment

    President Mwanawasa has asked New Zealand to help develop Zambia's manufacturing sector which is crucial to the full revival of the national economy. Dr Mwanawasa said yesterday at State House whe
    Filed under:

  • Blue Book of Zambia scoops Africa Investor Magazine award

    UNCTAD's Blue Book on Best Practice in Investment Promotion and Facilitation of Zambia has won Africa Investor Magazine's 2007 award in the category of 'Smart Regulation'. The award represents an
    Filed under:

  • Zambia hails India for technical, economic aid

    Zambia has acknowledged that India's assistance to Zambia has gone a long way in supplementing its development agenda. Finance and National Planning Deputy Minister Jonas Shakufuswa commended Ind
    Filed under:

  • China's Africa push: Who stands to benefit?

    China's push into Africa is prompting growing interest over Beijing's motives in the world's poorest continent with opinion divided over who stands to benefit most. Speaking at the launch this wee
    Filed under:
1 2 Next >
Copyright © 1998 - 2008 The Zambian. All Rights Reserved.