business

SA Corporate Real Estate stated that its business property, mostly of transportation and convenience-oriented retail assets, was protective during the outbreak and would remain so until 2022. Through a partnership, the JSE-listed real estate investment trust (REIT) holds commercial, agricultural, office, warehouse, and housing properties throughout South Africa and three buildings in Zambia. According...

Angola and Zambia are looking to expand integration and cooperation among them in order to promote growth in both their economies. The two embarked on creating transportation infrastructure aimed at linking them. This is aimed at providing mobility for people and moving merchandises across the two countries. Minister of Transport for Angola Augusto Tomas shared these views after visiting construction...

Zambia recently received an upgrade on its credit rating by Moody which is one of the top credit rating agencies. According to Miles Sampa who is the former deputy minister in Finance and Commerce, the new rating is an indication of sound economic leadership by President Edgar Lungu. The former deputy minister said that the move from negative to stable credit rating was a sign of confidence and proper...

In a shareholder’s agreement, Ethiopian Airlines acquired a 45 percent stake in Zambia Airways in January this year. The deal will see Zambia Airways re-launched after more than 20 years. The Ethiopian Airlines confirmed that the deal with Zambia was finalized. This agreement would facilitate the realization of Ethiopian Airline’s commitment in setting up various hubs in the Horn of Africa, Central...

To many people around the world, Sub- Sahara Africa is a no-go region especially when one thinks in investment and entrepreneurship lines of thought. However to informed business minded people this region has endless great investment opportunities. Efforts have started to play off in African countries to diversify the economy in order to maintain a steady economic growth.  These calls are aimed at...

To many people around the world, Sub- Sahara Africa is a no-go region especially when one thinks in investment and entrepreneurship lines of thought. However to informed business minded people this region has endless great investment opportunities. Efforts have started to play off in African countries to diversify the economy in order to maintain a steady economic growth.  These calls are aimed at...

In 2017, Zambia climbed up from 98 to 85 on the 2018 World Bank’s Ease of Doing Business Rankings. The country was also in seventh position on the Top-10 reformers, with Brunei leading at one. Over the course of the last year, Zambia implemented three reforms that helped making business easier in Lusaka. The reforms were in the areas of getting credit, paying taxes and trading across borders. The...

During the first quarter of 2017, Zambia saw an economic growth of 3% mainly because of the mining, information and communication and financial sectors. In this steadily growing economy, the country’s real estate sector is now beginning to leverage off and it is looking forward to a new chapter. At the second annual ZamReal Property Forum held at the Radisson Blue Hotel on 27th September 2017, the key...

Investors bring different skills and qualities. Some bring expertise and equipment, other, like Somalian and Lebanese did when they pioneered block-making in the country, bring inspiration. After joining the business, Zambians are giving foreign nationals hard competition. Zambia has been very hospitable to investors whom in return are expected to follow procedures before setting up their operation in...