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13 African countries rank higher than Nigeria in Forbes Business ranking

Thirteen African countries have been ranked higher than Nigeria in Forbes Magazine’s Best Country for Business ranking for 2019. Nigeria emerged as the 110th Best Country for Business, below South Africa, ranked 59, Morocco (62), Seychelles (66), Tunisia (82), Botswana (83), Rwanda (90), Kenya (93), Ghana (94), Egypt (95), Namibia (96), Senegal (100), Zambia (103) […]

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UBA House

UBA’s chat personality ‘LEO’ launched in Cameroon, Zambia

United Bank for Africa (UBA) Plc’s chat banking personality, Leo, has been launched in Cameroon, Zambia, Cote D’Ivoire, Senegal and Congo. Already Leo which has been very active in Nigeria, has brought ease to the customers, as it has aided them with numerous transactions since the beginning of the year when it was officially launched […]

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Cholera resurges in Zambian capital Lusaka, WHO says

Cholera has killed 15 people and made 547 sick in Zambia’s capital Lusaka and the rising caseload is expected to grow further as the rainy season starts, according to the World Health Organization. The outbreak began on Sept. 28 but appeared to die down by Oct 20, with fewer than five patients reported weekly until […]

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Nigeria, Ivory Coast, Zambia suffer shock losses

Former African champions Nigeria, Ivory Coast and Zambia all lost at home Saturday on a day of upsets in the first qualifying round for the 2019 Cup of Nations. Three-time champions Nigeria lost a competitive game against South Africa for the first time when they fell 2-0 in the southern Nigerian town of Uyo in […]

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World Bank approves $600 million loans to Zambia

The World Bank will lend Zambia $600 million under its International Development Assistance (IDA) programme over the next three years, the southern African nation’s presidency said on Friday. Presidential spokesman Amos Chanda told journalists after World Bank vice-president for Africa Makhtar Diop paid a courtesy call on President Edgar Lungu that $150 million would come […]

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Zambia tells IMF will cut $1 billion in subsidies

Zambia has told the International Monetary Fund (IMF) it will gradually cut subsidies amounting to about $1 billion as part of an economic recovery plan, Finance Minister Felix Mutati said. Africa’s second-biggest copper producer will also boost funds for social welfare, Mutati said during talks with IMF officials at the lender’s annual meetings, a finance […]

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Iwobi, Iheanacho score as Nigeria’s Super Eagle triumph in World Cup

The Super Eagles opened their 2018 World Cup group-phase qualifying campaign with a 2-1 victory in Zambia on Sunday thanks to goals from English Premier League duo Alex Iwobi and Kelechi Iheanacho The 20-year-old strikers scored in the opening half before a capacity 40,000 crowd at Levy Mwanawasa Stadium in central city Ndola that included […]

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Zambia police arraign 150 over poll protest

By: Ibikunle Marcathy, Zambian police said Tuesday they had arrested 150 opposition demonstrators over protests that erupted after President Edgar Lungu was declared the winner of a highly-contested vote. In a report by AFP, Supporters of opposition leader Hakainde Hichilema took to the streets in Southern Province after the election results were released Monday, blockading […]

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Edgar Lungu wins presidential re-election

Zambia’s President Edgar Lungu defeated his main rival Hakainde Hichilema in a close fought presidential election, the southern African nation’s electoral commission said on Monday. Lungu, leader of the Patriotic Front, won 50.35 percent of the vote against 47.67 percent for Hichilema of the United Party for National Development, the commission said.

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