The People’s Newspaper
By BUUMBA CHIMBULU The Economic Association of Zambia (EAZ) has called for removal of any red tape or bureaucracy in accessing the US$20 million Loan Guarantee Scheme for Small and … Read More
The National Pension Scheme Authority (NAPSA) has signed a Memoranda of Understanding (MOUs) with Zambia National Commercial Bank (Zanaco) Bank and ABSA Bank to increase the processing capabilities of the NAPSA partial withdrawal payment.
ZAMBIA Statistics Agency (ZAMSTATS) interim Statistician General, Mulenga Musepa has disclosed that the country recorded a trade deficit of k2.8 billion in March 2023 compared to a surplus of k2.8 billion in February 2023.
The National Pensions Scheme Authority (NAPSA) partial withdrawal programme will have a positive impact on the economy as it will inject funds into circulation, says First National Bank (FNB) Zambia.
The Pensions and Insurance Authority (PIA) has implored people accessing funds through the partial withdraw from the National Pension Scheme Authority (NAPSA) to re-invest the money into projects with proper returns.
The Global Finance has for the last three consecutive years awarded the Zambia National Commercial Bank (Zanaco) Plc as the best bank in Zambia.
The increase in the lending period and maximum loan amount by Standard Chartered Bank Zambia will help citizens borrow and invest in short to long term activities.
ZAMBIA needs to establish a system which will involve the country’s large commercial banks being obligated to buy government bonds in the primary market.
Total savings for the Zambian capital markets have increased by 8.05% to over K74.8 billion last year supported by positive macro-economic and financial market fundamentals.
United Bank for Africa (UBA) Zambia has urged local entrepreneurs to apply for the Tony Elumelu Foundation (TEF) Entrepreneurship Programme which provides US$5, 000 non-refundable seed capital.
