Connect with:
Wednesday / May 21.
logo
mobile-logo
HomeStandard Blog Whole Post (Page 19)
Agribusiness

Fruits and Vegetables Association President has confirmed that there has been reduction in garlic production in the country which has affected the prices of the product which has doubled.

Speaking in an exclusive interview with the Zambia Business Times, Fruits and Vegetables President Mr. Bernard Sikunyongana said, Garlic production has gone down as the production for this year was very poor.

“The garlic that we have this year will only cater for two months as compared to all these years were our garlic would last up to 4 months of which the other 8months we would import from China,” He said.Sikunyonga further added that, up to now this year they are still importing from china of which was not supposed to be the case.

“Because of the rains our small scale farmers did not produce, looking at it that eastern province is the number one producer of garlic and if you look at the shortfall of rains due to climate change they could not produce enough as that is the current challenge we are facing as we are currently still importing Garlic from China,” He explained.

Sikunyongana further stated that the country’s consumption in regards to garlic amounts to about 100-200 tons per month.

“Currently we don’t not have commercial farmers that are big into garlic production as we currently just have smale scale farmers who do not have the capacity to put up irrigation centers on there farms as they solely depend on their dams and if you look at the ones from Chipata normally farm on wetlands, so normally you would find on their farms there is an area where water doesn’t dry quickly and that’s the part where they plant and irrigate and within a short period of three months they are able harvest,” He added.

He further stated that garlic is currently selling at about K180-K200 per Kg , as it used to trade below K100 but now it has doubled.

0 Comments
0 likes

Fruits and Vegetables Association President has confirmed

Markets

The fourth Mobile Network Operator – Zed Mobile has confirmed that its services are currently only available in Lusaka after it launched its services on the 9th August 2024.

Speaking to the Zambian Business Times (ZBT), Zed Mobile, Head Legal and Regulatory, Chazingwa Sakuwaha revealed that the Company has made advancements in furthering it’s network coverage with it’s efforts standing at 70 percent coverage in Lusaka.

On 9th of August 2024, Technology and Science Minister Felix Mutati launched Zambia’s fourth mobile phone operator, Zed Mobile, after it suffered several setbacks in as far as commencement of operations is concerned.

She stated that in one weeks time, the entire Lusaka is expected to be covered with it’s services. “We are eager to get to the all Country but we are doing it in phases, even in lusaka we are still rolling out in some parts, and there are customers that are within and eager to access our network, but we are getting to them in a few days or one week we should be able to cover the entire Lusaka, and soon we shall be rolling out to the rest of the Country starting with the Copperbelt Province,” She said.

Meanwhile, Zed Mobile has denied overpricing sim cards following reports that it has been selling sim cards above the market threshold of K5 adding that the over pricing allegations were being purported by unscrupulous individuals of which some of them had been caught.

“Those who are being charged with K10 or K20 must avail themselves by reporting, our simcards are K5, we must address such stealing, we have received a few reports and we have taken action against such reports,” she said.

And when asked about their strategy of occupying a place on the market amidst competition from already established mobile service providers, she revealed that there are several strides in line with offering affordable services in data and network.

“Our data now is probably the fastest we have on the market, we have some wonderful reviews around our Data, we are focused on using local employers and we are the only employer which is upholding Zambians and we are owned and Zambian managed,” she said.

0 Comments
0 likes

The fourth Mobile Network Operator - Zed

Companies

Amid the concerns about the impact of the 21hrs load-shedding on various sectors of the economy and the daily lives of citizens, the Zambian government has been challenged to clearly indicate if they have abandoned the two major solar projects which have great potential to cut the current electricity deficit.

President Hakainde Hichilema in May 2024 announced the signing of a 1000 MW power purchase agreement (PPA) between Canadian renewable energy company, SkyPower Global, and Zambia’s state-owned utility Zambia Electricity Supply Corporation (ZESCO) about a year after Zesco signed an agreement with the United Arab Emirates renewable energy company Masdar in 2023 to develop a 2, 000 solar project worth $2 billion.

Speaking in an exclusive interview with the Zambian Business Times – ZBT, Renewable energy and climate finance, Expert Susiku I. Nasinda, has challenged government to provide clear updates on the 2000MW Masdar deal and the recently announced 1000MW Skypower solar project which bring the generation capacity to 3000MW.

“There are two pronouncements that were made regarding solar developments, first of all there was a 2, 000 Masdar which was done in the first quarter of 2023 and earlier this year, there is another pronouncement which was made by the President Hakainde Hichilema regarding Skypower where he talked about 1, 000 MW.”

“The fact that we have not seen the actualization of these projects, it means that there could be some underlying factors which we are not preview to and are preventing these projects from coming to fruition.”

He added that “As you may be aware for a joint development to take place, two parties are involved so there is a lot of background work that needs to happen because these are major projects, the Masdar is $2 billion and for you to raise that much am sure ZESCO should have put in some equity or investment as well, it could be land it could be money, so did we raise that which was required and did we meet the conditions required for us to go into a joint agreement so those are critical things but I may not have facts because information released to the public has been scant.”

Zambia’s electricity deficit has deepened with the national average peak demand remaining at 2,400 megawatts, resulting in a power deficit of 1,510 megawatts while the total current import of a total of 496 megawatts of power from the region, leaving a net deficit of 1014MW, According to the Energy Minister Makozo Chikote.

Solar Energy is however seen as the best alternative for Zambia during this power crisis. Efforts however to get a comment from the Ministry in charge have proved futile by press time.

0 Comments
0 likes

Amid the concerns about the impact of

Markets

Buses and Tax Owners Association of Zambia President Amis Daudi has hailed the Local Governments intention to relocate the Intercity Bus Terminus to Makeni Area, stating that this will decongest the CBD and create space for the buses to park.

Speaking in an exclusive interview with the Zambian Business Times (ZBT) Daudi said this will also enable for the creation of a modern structure which is purposely made to cutter for transport related activities.

“We don’t have parking space at the current Intercity Bus Terminus especially for those with a fleet of buses that have to ran one after another they have to find other alternative parking spaces, the modern structure will enable access to various goods and services that are required for the people and the buses,” he said.

Daudi remarked to the assertions by some members of the publics who criticized the planned initiative, by stating that the initiative is in good faith.

“The only way to decongest the CBD is to take away some of the activities to other areas, you can look at the business unit that have sprang up around Lusaka, you can look at the shopping malls that are being set up to decongest the CBD, and we must also look at decongesting the Intercity, and it will be take a bit of some time to get used, and even when we say it is central, this is relative to where one stays, because it is not central to those that stay in 6 miles or any other far place,” he said.

Daudi revealed that the Association has had several engagements with the Government over decongesting a number of bus stations in the district.

“The population of Lusaka has exploded we need to start looking at how well we can cutter for that, we have made some proposals in the past and preliminary discussions with other stakeholders that perhaps we need to establish more bus stations around Lusaka,” he said.

0 Comments
0 likes

Buses and Tax Owners Association of

Markets

Development Analyst Dr.  Charity Musamba has charged that the Ministry of Local Government and Rural Development does not have sufficient capacity to manage the Constituency Development Funds – CDF mechanism, which has consequently resulted into severe mismanagement.

Speaking in an exclusive interview with the Zambian Business Times (ZBT) Dr.  Musamba said the mechanism must be given to other ministries with more viable human resources.

“CDF is in the wrong Ministry that is how come they are failing to account for the resources and the capacity of the Ministry of Local Government and Rural Development is not adequate to manage the mechanism, it is only able to manage the political structures.”

Dr. Musamba said the Government must however thoroughly look at the research that have been conducted by the civil society, Government institutions, and other independent analysts before making a decision.

“We are not against development, that is why we are telling them openly based on evidence that the mechanism is not benefiting that Zambian who needs that money, it is not responsible to keep throwing money in a mechanism that is failing, and there lies the case that the President needs to consider,” she said.

Dr. Musamba has also criticized the introduction of SI No 1 of 2024 which allows for the inclusion of District Commissioners on the CDF Committee, calling it a bias towards benefiting those in the ruling structure.

0 Comments
0 likes

Development Analyst Dr.  Charity Musamba has charged

Tech

Energy expert Boniface Zulu has called for investments in nuclear energy, citing that it has the potential to stimulate economic growth by creating more jobs and eventually reducing the dependency on imported fuel.

Speaking in an exclusive interview with the Zambian Business Times (ZBT) Zulu said this will also foster the clean energy campaign, reducing greenhouse emissions and provide a reliable and stable source of energy.

He noted that to fully benefit from our identified resource deposits, it is essential to deepen the Country’s understanding of nuclear science.

“This involves investing in research, education, and infrastructure to harness nuclear technology effectively, substantially there is a gap in the sector in terms of nuclear scientists therefore there is an adequate need for investing in education which will culminate into a skilled workforce,” he said.

Zulu hailed the recent nuclear debate tabled on the floor of Parliament terming it as a huge step towards achieving maximum results, stating that such discussions will enable policy formulation and raise public awareness.

“Zambia is a member of the African Regional Cooperative Agreement for Research, Development, and Training related to Nuclear Science and Technology (AFRA). This membership allows Zambia to leverage regional expertise, collaborate on research projects, and access training programs to build local capacity in nuclear science and technology, the plan to build a 10MW Biomedical Plant in Chongwe, coordinated by the Zambia Atomic Energy Agency, aimed at enhancing medical research and treatment capabilities, the progress recorded includes site identification, environmental impact assessments, and the development of support structures,” he said.

0 Comments
0 likes

Energy expert Boniface Zulu has called for

Markets

The abrupt closure of Society Business Park has sent shockwaves through the local and international business community, leaving entrepreneurs like Emmanuel Nkole, popularly known as Young Phiroz, scrambling to find alternative accommodations for their ventures.

Following the announcement by the National Pension Scheme Authority – NAPSA Board of Trustees Chairperson, Shipango Mutelo that the entire business park, including the parkade, retail mall, and hotel tower, would be closed to ensure the safety of tenants and the public, concerns have arisen regarding the future of OVER 66 business ventures and the well-being of the workers.

Speaking in an exclusive interview with the Zambian Business Times (ZBT), Nkole expressed deep frustration over the lack of prior notice, emphasizing the significant impact the sudden closure has had on his boutique business and its 17 employees. “Relocating to another place is very difficult because then we will have to find a busy place with a lot of customers,” he stated.

Nkole’s sentiment is shared by numerous other tenants who now face the daunting task of relocating their operations with minimal time to prepare. The indefinite closure of SBT has not only disrupted their businesses but has also raised concerns about potential financial losses and the fate of their employees.

Nkole also expressed sympathy for fellow local entrepreneurs, particularly those with only one shop at the park, who may have to move their inventory home, resulting in further losses.

0 Comments
0 likes

The abrupt closure of Society Business Park

Companies

First Capital Bank Limited (FCB) Zambia and the Higher Education Loans and Scholarships Board (HELSB) have announced a memorandum of understanding aimed at providing student loans to Copperbelt University students as the entities champion education. Students will benefit from scholarship coverage for their third and fourth years of study.

Speaking on the collaboration, First Capital Bank Limited Chief Executive Officer, Andre Potgieter said, “We are delighted to announce this collaboration with the Higher Education Loans and Scholarships Board aligned with our commitment to create lasting positive impact in our communities.”

“As a proudly Zambian Bank that has been operating in the country for over 10 years, we continue to complement government efforts and see ourselves as a part of the solution to societal challenges like access to higher education that empowers the future generation.” Said Potgieter.

He added that over the last 6 years, First Capital Bank Limited has also been running a Graduate Trainee Program that integrates Copperbelt University and other University students into the Bank and more than 30 students have been on-boarded into the Bank.

The First Capital Bank Limited Graduate Trainee Program is open to high-performing Copperbelt University and other University students who join the Bank to have their talent nurtured through a well-structured career development program.

Commenting on the student loan scheme, Higher Education Loans and Scholarships Board Chief Executive Officer, Dr John Machayi said, it is gratifying to see entities like First Capital Bank agree to positive collaboration for the advancement of education in the country.

He said currently HELSB depends on funding from the Ministry of Finance and National Planning as appropriated by Parliament and loan recoveries from student loan beneficiaries.

“Over the years, the increased demand for higher education has not matched funding from the Treasury thereby creating pressure on the Board to source alternatives. We would like to thank First Capital Bank Limited and our co-operating partners supporting us in different initiatives as we call upon other organizations to emulate this value-adding initiative’’. He said.

0 Comments
0 likes

First Capital Bank Limited (FCB) Zambia and

Companies

Coca-Cola Beverages Zambia (CCBZ) has unveiled an exciting promotion, “Wina na Kapendelo ka Coke,” promising Zambians the chance to win weekly cash prizes from September 1 to November 30. This promotion offers Coca-Cola consumers the opportunity to win cash prizes ranging from K10 to K25,000 each week.

To enter the promotion, consumers can purchase Coca-Cola, Fanta, or Sprite in 300ml returnable glass bottles, and check under the yellow metal crown (Akapendelo) for a unique code and by dialing *38424# for free and following the prompts, participants can easily enter the competition, with over 5,300 winners expected each week.

Speaking at the media launch attended by the Zambian Business Times – ZBT, emphasized the company’s dedication to producing and distributing a diverse range of beverages that cater to consumers’ preferences.

He highlighted the commitment to offering a variety of drink choices across different categories and in various packages, all while taking a disciplined approach to product innovation and portfolio management.

“As a total beverage company, we are committed to offering people more of the drink choices they want across various categories and in various packages. Ever-evolving consumer tastes and preferences help steer our business strategy and shape the lineup of beverages we bring to market,” Mwangi said.

“We take a disciplined approach to product innovation and portfolio management, ensuring we develop and deliver preferred, great-tasting beverages for all occasions and lifestyles. This includes offering drinks with reduced added sugar and more brands with nutrition and wellness benefits; providing small package options and clear nutrition information on packaging and in our communications; and marketing our drinks responsibly.

“Our portfolio includes the iconic Coca-Cola, Coca-Cola Zero, Fanta, and Sprite; cordials such as Mazoe and Jolly Juice; and Aquasavana Water. Our unwavering commitment to quality and relentless pursuit of innovation drive us to enhance our offerings and continuously create meaningful customer experiences. Our purpose is to refresh Zambia daily and make the country a better place for all with our inclusive culture, reflecting our African Identity.

“Today, we proudly unveil the ‘Wina na Kapendelo ka Coke’ promotion. It embodies our promise to bring exciting opportunities to our consumers, with many winners set to share in the prize pool and enjoy an ice-cold Coca-Cola,” Mwangi said.

Coca–Cola Senior Manager, Frontline Marketing, Zambia & Namibia, Faith Nehanda said The “Wina na Kapendelo ka Coke” promotion embodies the spirit of celebration and winning, with the belief that the campaign will significantly impact Zambians’ lives nationwide.

“We are particularly excited about the ease and convenience of our prize delivery system. Airtime prizes will be sent directly to the recipient’s handset, and cash prizes will be transferred to the winner’s mobile wallet. This ensures our winners can quickly and securely enjoy their rewards, making the process seamless. You will see our winners coming from your communities and enjoying the prizes,” said,

“Our promotion’s ‘Wina na Kapendelo ka Coke’ embodies the spirit of celebration and winning. With over 5,300 winners each week, we believe this campaign will bring joy and significantly impact Zambians’ lives nationwide. Whether it’s paying for school fees, starting a small business, or simply making ends meet, these prizes can make a real difference and bring hope to our communities.”

Meanwhile, PACS Director of Coca-Cola Beverages Zambia, Fronscen Haloba in a speech ready by Coca-Cola Beverages Zambia, Marketing Director, Panji Banda said the “Wina na Kapendelo ka Coke” promotion is a way of giving back to consumers and expressing gratitude for their continued support.

“We are excited to embark on this journey with you, offering many chances to win and a total of K2.5 million in cash prizes. Your enthusiasm and participation are what make campaigns like these possible and successful. As we look forward to starting this promotion on 1 September 2024, I encourage everyone to participate and experience the joy of winning with Coca-Cola.” She said.

With the launch of “Wina na Kapendelo ka Coke,” Coca-Cola Beverages Zambia reaffirmed its promise to bring exciting opportunities to consumers, with many winners set to share in the prize pool and enjoy an ice-cold Coca-Cola.

0 Comments
0 likes

Coca-Cola Beverages Zambia (CCBZ) has unveiled an

Lifestyle

Zambia Council for Social Development – ZCSD, Executive Director says about 65% of children in Zambia are living in households where their basic requirements are not satisfied, making them victims of financial hardship.

Speaking in an exclusive interview, Zambia Council for Social Development Leah Mitaba said, this figure illustrates the extent of child poverty in the country as it shows how many young people lack proper access to basic necessities like food, shelter, healthcare, and education.

“Their long-term growth and prospects are impacted, in addition to their immediate well-being, by this pervasive deprivation. Children are Zambia’s future labor force and leaders, so resolving this issue is essential to the country’s overall development.” She said.

Mitaba further stated that there is a need for coordinated efforts in order to guarantee that these kids have access to the tools and chances they need to succeed.

She further alluded that Several factors have contributed to child poverty in Zambia like Economic instability, which could be characterized by high unemployment rates and low wages, thereby resulting in families struggling to meet basic needs.

“Education barriers, such as limited access to quality schooling, perpetuate the cycle of poverty, as children without proper education have fewer opportunities for economic advancement. Additionally, poor healthcare infrastructure and the high prevalence of diseases like HIV/AIDS affect household stability and children’s well-being.” She explained.

Mitaba further stated that the rural-urban division has exacerbated the issue, as rural areas are often experiencing more severe poverty due to a lack of infrastructure, and other economic opportunities compared to urban centers.

 Furthermore, Mitaba elaborated that political and social issues like corruption, poor governance, and inadequate social safety nets have hindered efforts to alleviate poverty by leaving many children vulnerable and deprived of essential resources.

“In addressing child poverty in Zambia, several solutions can be considered talk of Economic development policies that promote job creation, improving wages, and supporting small and medium enterprises (SMEs) are crucial for providing families with stable income sources. Increasing investment in education, particularly in rural areas, is also essential to ensure all children have access to quality schooling and can break the cycle of poverty, strengthening healthcare systems to provide better services and support for children and families will improve overall well-being and stability, expanding social protection programs, including cash transfers and food assistance, can provide immediate relief to vulnerable families and help them meet their basic needs. Engaging communities in development projects ensures that solutions are sustainable and tailored to local needs as well as fostering long-term empowerment and resilience.” She explained.

Furthermore, Mitaba said that to effectively tackle child poverty, Zambia has to take several strategic actions like Strengthening policy implementation, Fostering public-private partnerships, leveraging resources and expertise for greater impact as well as Involving local communities in decision-making processes.

She further called on the general public to look out for each other and practice Ubuntu.

0 Comments
0 likes

Zambia Council for Social Development – ZCSD,