Category Archives: Zambia News

Zambia News

MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)

MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]

Evaluating the Continued Need for Liquidity Instruments for IPPs as ATI Closes Phase 1 of its Regional Liquidity Support Facility (RLSF)

By Obbie Banda – Underwriter | Acting RLSF Coordinator, African Trade Insurance Agency (ATI) The African Trade Insurance Agency (ATI) issued the fifth policy under its Regional Liquidity Support Facility (RLSF) in support of the 7.8 MW Nyamwamba II Run-of-the-River hydropower plant in Uganda on 19 May 2022; closing Phase 1 of RLSF, a liquidity instrument jointly founded […]

Radisson Hotel Group Unveils Spectacular New Resort Just Minutes Away From Magnificent Victoria Falls in Zambia

 Radisson Hotel Group (https://www.RadissonHotels.com) is delighted to announce the opening of Radisson Blu Mosi-oa-Tunya Livingstone Resort, Zambia. Nestled on the banks of the Zambezi River, the resort is the Group’s first safari resort in Africa and first resort in Zambia, and is a key step towards its goal of reaching 150 hotels in operation and under development […]

Flourish Ventures launches Madica, an Africa-focused pre-seed investment platform

The new investment program is targeting up to 30 underrepresented entrepreneurs across Africa who are working in underserved sectors and geographies. The goal of the program is to provide them with the resources and support they need to grow their businesses and impact their communities. Flourish Ventures, a global venture capital firm investing in mission-driven […]

Indirect tax developments in Sub-Saharan Africa

By Jana Botha, VAT Consultant, Baker McKenzie Johannesburg There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as general budget updates for 2022 across SSA. This article includes key developments from Ghana, Kenya, […]

Annual Investment Meeting Successfully Concluded AIM AFRICA Digital Edition

The event witnessed the participation of 101 expert speakers, 2092 participants from 99 countries, with 41 countries from Africa and over 47 global exhibitors. The Annual Investment Meeting successfully concluded AIM AFRICA Digital Edition which took place from the 29th – 30th of June 2021 via Events10x platform under the theme “Africa Unlocked: Innovation and […]

Zambia’s Lubambe Mine extension project to spur copper output

Victoria Falls, Zambia-Zimbabwe. Diego Delso, delso.photo

The recent discovery of high-grade copper ore by Zambia’s Lubambe mine is a significant development that ushers in a new lease of life in the mining industry of Africa’s second-largest copper producer. After the Democratic Republic of the Congo (DRC), Zambia is the next highest producer of the red metal that yields large foreign exchange […]

Smart Power lights up Africa’s road to pandemic recovery

Photo: Cape Town, South Africa. Author: Taryn Elliott (Pexels.com)

Kieran Whyte, Partner, Head of the Energy, Mining and Infrastructure Practice, Johannesburg, and Marc Fèvre, Partner, London, Baker McKenzie. Across Africa, access to power is hampered by the lack of access to competitive funding, the dire state of the continent’s utilities infrastructure and the need for energy policy and legislation to be adapted so that […]

Problems And Prospects Of African Startups Development. Exclusive interview with Sandras Phiri, StartupCircles.ai CEO

Startup Circles is Africa’s No.1 startup school and online accelerator helping entrepreneurs from over 30 countries build commercially viable businesses quickly and cost effectively. Sandras Phiri, CEO, BSc Computer Science, MBA (UCT) Entrepreneur and startup coach. Worked with 25 organisations, lectured at over 17 universities and been to 22 countries. Worked in banking, IT, Education. […]

Falling infrastructure on joint railway line worries Zambian government

By Hicks Sikazwe Infrastructure, along the Tanzania Zambia Railway Authority (TAZARA) line is falling apart causing worry and anxiety in the Zambian government. Buildings which are  passenger shelters between Kapirimposhi (on the Zambian side) and the border town of Nakonde at the entry point into Tanzania have been abandoned because of ripped off roofs and […]

Lessons to be Learnt from 13 of Africa’s Top Emerging Entrepreneurs

Diverse People Working and Startup Business Concept

On Friday, 28 August 2020, 13 of the top emerging startups from around Africa will be showcasing their solutions to a panel of investors at the Startup Circles.ai Demo Day. According to StartupCircles.ai CEO, Sandras Phiri, “Despite the current climate, there are still plenty of investors with funds that need to be invested. This Demo […]

Broll Property Intel releases a COVID-19 Africa Report; an overview of the status-quo of the retail, office and industrial property market as at 30 June 2020. Commercial property e-auctions have revolutionised the commercial property market​

As African governments continue to grapple with the impacts created by the coronavirus pandemic, the need to emerge from this difficult period puts pressure on businesses and industries to strengthen their recovery and swing dismal GDP figures. Experiences vary, dependent on lockdown restrictions, which are aligned to the ever-changing number of casualties and recoveries of […]

87% of businesses in Zambia negatively impacted by COVID-19 new survey shows

Around the world, the impact of COVID-19 is hitting economies hard; businesses are coping with massive market downturns, job losses and ultimately may be facing the possibility of closure. Although to date, Zambia has experienced only modest infection rates, the economic shock has been felt both widely and deeply. A recent survey conducted by Impact […]

FES at the forefront of evolving agribusiness trends in Malawi and Zambia

FES

Owning a tractor and various soil cultivation implements used to be part and parcel of commercial crop farming in Malawi. However, many farmers have now switched to a new business model: one which doesn’t necessitate extensive equipment ownership. Innovative agricultural solutions company Farming and Engineering Services (FES) is a pioneer of this trend. In addition to purely selling […]

African competition authorities respond to the COVID-19 crisis

Lerisha Naidu, Partner, Sphesihle Nxumalo, Associate, and Thato Mkhize, Candidate Attorney, Competition and Antitrust Practice, Baker McKenzie, Johannesburg The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent, who have expressed concerns over sudden price hikes of healthcare and hygiene products […]

Global bitcoin marketplace Paxful, highlights 10 African Women to watch in Blockchain and Bitcoin

Blockchain technology is one of the most notable developments of our age. A recent Deloitte survey of senior executives worldwide in 2019 found that 53% of respondents said blockchain has become a critical priority (an increase from last year) and 83% of respondents believe there are compelling use cases for blockchain. In honour of International Women’s Day […]

Lelemba Phiri: The investor who backs Africa’s women entrepreneurs

Lelemba Phiri: The investor who backs Africa’s women entrepreneurs

Lelemba Phiri is not afraid of jumping headfirst into the unknown. She lists it as one of her best qualities, a competitive advantage actually. “When I am clear on the ‘what’, I simply take the leap. I jump in with lots of intention and clarity on where I eventually want to land, never being too […]

Demand for African Talent is Increasing

Strategies to share talent between Africa and France By Kiné Seck Mercier A young woman spends her youth in Nigeria, leaving to attend a university in London. She goes on to work in the United States, Ghana, South America, Kenya and Zambia, finally settling in Paris. In many ways, she is illustrating an increasingly common […]

The growth of competition laws and enforcement in Africa

Greater Cape Town. January 2007. Photo Credit: Andrew Massyn

By Lerisha Naidu, Partner, and Angelo Tzarevski, Senior Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg African competition law on the continent is the subject of notable growth. An increasing number of jurisdictions have adopted laws and regulations, established authorities, secured membership to regional antitrust regimes and ramped-up enforcement of suspected violations of prevailing competition […]

Hotel Development Industry in Africa

Zanzibar

Introduction           The development of a country partly depends on the expansion of their hotel and tourism industry. Africa is facing a tough time economically and they are trying their best to fight back this economic crisis. They focus on the hotel management sector and try to develop this industry. A hotel is not only […]

ZamReal – Zambia’s Property Forum

ZamReal is a one-day forum centered around the Zambian Real Estate market.

Place:                                 Taj Pamodzi Lusaka Address:                            Church Road Lusaka ZM, 35450, Zambia Run date:                           4 September 2019 End date:                           4 September 2019  ZamReal is a one-day forum centered around the Zambian Real Estate market. The conference brings together both local and regional high-calibre delegates including developers, investors, ministers, financiers as well as property professionals looking to […]

Off The Beaten Parks in Africa That are Gaining Ground

Tarangire National Park - Tanzania

From the vast rolling plains of the Serengeti wilderness in Tanzania to the lush vegetation of the Masai Mara reserve in Kenya, and down to the rich biodiversity of the Kruger National Park in South Africa, the natural wonders available in Africa are as abundant as they are popular. While these prominent safari destinations continue […]