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Search Results for: Zambia

10 results out of 81 results found for 'Zambia'.

COPPER PRODUCTION BOUNCES BACK IN BOTSWANA



Botswana looks set to boost southern African copper supplies with Khoemacau Copper Mining Pty. (Ltd), a subsidiary of a US-based company, Cupric Canyon Capital, planning to open a mine in the country’s Kalahari copper belt.

The planned mine has an initial annual production of 62,000 tonnes of copper (and 1.9 million ounces of silver), with managers hoping to increase yearly production to over 100,000 tonnes of copper and three million ounces of silver.…

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ZAMBIA GOVERNMENT TOBACCO SALES REFORMS PROMPTS COURT BATTLE WITH TRADERS



ZAMBIA’S government’s is facing resistance to its bid to introduce new tobacco regulations, with opponents resorting to the courts to block reforms, which – if passed – would immediately affect the operations of auction floors.

Last year, Zambia produced 30 million kilogrammes (kg) of tobacco, up from 23 million kg recorded in 2017, and the Zambian government wants to push that figure to 40 million kg by 2021.…

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UGANDA CFO EXPANDS BANK’S DIGITAL SERVICES THROUGH ETHICAL AND HOLISTIC LEADERSHIP



 

Digital disruption has been transforming banking services worldwide, and Africa, with its important m-commerce sector, has been in the frontline of this change – a fact not lost on established bank executives, such as Samuel Fredrick Mwogeza, the chief financial officer of Stanbic Bank Uganda Ltd.…

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KENYAN PAINT COMPANIES FACE RISING COSTS – BUT BOOMING CONSTRUCTION MEANS THAT SALES WILL STILL GROW



WITH Kenya’s economy still growing fast – its GDP is projected to increase by 5.8% this year (2019) east Africa’s economic hub is expected to provide the paint and coatings sector plenty of extra sales. Such growth in the construction industry is reflected in its neighbouring countries, notably Ethiopia, Kenya, Rwanda, Tanzania and Uganda, offering additional sales for companies with the scale to score regional sales.…

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ANTI-CORRUPTION IT SYSTEMS GROW IN SCOPE AND SOPHISTICATION



WITH an estimated USD1.5 trillion lost to the global economy because of bribes, the World Bank is pushing for a diverse array of technology to be deployed – it is a call being answered with anti-graft systems being installed worldwide.

Reducing corruption “is a priority” for the World Bank, it said in a briefing note in September 2017.…

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EXPERTS POINT WAY AHEAD FOR INJECTING TECHNOLOGY INTO AFRICAN CLOTHING AND RELATED SECTORS



 

SUB-SAHARAN Africa may not have been the most fertile ground for technological innovation in the clothing, textile and fibre sectors but speakers at an International Textile Manufacturers Federation (ITMF) conference in Nairobi, Kenya, September 7-9, stressed the best way ahead.…

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AFRICAN COMMONWEALTH ANTI-CORRUPTION CENTRE TARGETS GROWTH THROUGH FIGHTING GRAFT



CORRUPTION saps economic competition that drives productivity improvements and grows emerging market economies – this is a key reason behind the establishment of the Commonwealth Africa Anti-Corruption Centre (CAACC). Another is the established link between the perception of risk from corrupt practices in a country and foreign economic investment.…

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SLUMP IN TOBACCO PRODUCTION - ZAMBIA FEELS THE PINCH.



 

WITH tobacco being a key driver of Zambia’s agriculture sector and a past reliable source of export earnings, a recent decline in leaf production has taken a heavy toll on this southern African country’s economy. Indeed, Zambia saw its agricultural foreign exchange earnings (of all farm-based products) fall by USD100 million in 2017, according to Zambia’s agriculture ministry.…

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SOUTH AFRICAN CONSUMERS OPEN MINDED AS THEY GROW COSMETIC PROCEDURES MARKET



SOUTH Africans are boosting their spending on cosmetic surgical and non-surgical procedures, with their national market expected to generate South African Rand ZAR94.15 million (USD7.1 million) in annual receipts by 2024. This reflects a 5.8% annual growth rate from the ZAR61 million (USD4.6 million) spent in 2016, according to US-based market research and consulting company Grand View Research, in figures released in July (2017).…

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MIDDLE CLASS STILL DRIVING DEMAND FOR DEODORANTS IN KENYA



THE EVER-intensifying skyline of Nairobi, Kenya’s capital city, illustrates the rapid economic growth of this equatorial East African country, and its growing workforce is increasingly keen to buy deodorants to keep them dry and comfortable in the office and outside.

An increased focus on banking, industry, manufacturing and construction have raised the country’s gross domestic product (GDP) by 5.3% year-on-year in 2014 and 5.6% in 2015 (Deloitte Economic Outlook 2016).…

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