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  • THE reduction of the Kwacha base-lending rate by Standard Chartered Bank, which will come into effect next month, is a positive move which will benefit the Zambian economy. 24 Nov 2009 06:13 GMT
    ... a positive move which will benefit the Zambian economy. Standard Chartered Bank announced yesterday that ... rate is at 19 per cent, more banks should emulate Standard Chartered. As President Rupiah ... and were actually eroding confidence in the banking sector. That is why there is an ...

  • TSX end higher on resource issues, banks 24 Nov 2009 04:35 GMT
    ... TSX end higher on resource issues, banks TORONTO (Reuters) - Toronto's main stock index pared ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...

  • Lending rates drop as economy stabilises 24 Nov 2009 06:44 GMT
    ... is vice-chairperson for the Bankers’ Association of Zambia, called on other financial institutions to review ... National Bank (FNB) in Lusaka, asked commercial banks to bring down loan interest rates because ... rates and were eroding confidence in the banking sector. The president said there was equally ...

  • Mine contractors get $50m 24 Nov 2009 06:44 GMT
    ... (Comesa), have provided US$50 million to help Zambian Mine contractors and suppliers to execute contracts. ... Jean-Louis Ekra singed on behalf of the banks while Keren Motors chief executive officer Berhane ... carbon/ At the same function, West African Bankers Association president Agbai Abosi and his Comesa ...

  • Monday wrap: TSX closes up, gold at another record high 24 Nov 2009 03:54 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. “I don’t ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...

  • RPT-CANADA STOCKS-TSX ends higher on resource issues, banks 23 Nov 2009 22:54 GMT
    ... a bit of bullish sentiment for the banks,' said Elvis Picardo, an analyst and strategist and ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...

  • CANADA STOCKS-TSX end higher on resource issues, banks 23 Nov 2009 22:54 GMT
    ... a bit of bullish sentiment for the banks,' said Elvis Picardo, an analyst and strategist and ... it said it had agreed to buy Zambia-focused miner Kiwara Plc in a cash and ...

  • Footsie 100 points higher 23 Nov 2009 17:33 GMT
    ... of existing debt for contingent capital. Other banks, including were among the best performers. Confectionery ... earlier. Miner has agreed to buy rival Zambia-focused base metal miner in a cash and ... 1,677.50p +4.00% Lonmin (LMI) 1,760.00p +3.96% Lloyds Banking Group (LLOY) 91.47p +3.77% Rio Tinto (RIO) ...

  • Stock up, US$ weakens, commodities surge; Canadian retail sales post solid gain (Dollar-Markets) 23 Nov 2009 15:55 GMT
    ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ...

  • Stock up, US$ weakens, commodities surge; Canadian retail sales post solid gain 23 Nov 2009 16:35 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...

  • Stocks surge amid strong retail, housing data; weak US$ boosts commodities (Dollar-Markets) 23 Nov 2009 17:28 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...

  • Solid Canadian retail sales, U.S. house resale data helps boost stock markets (Dollar-Markets) 23 Nov 2009 17:28 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don´t ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...

  • Solid Canadian retail sales, U.S. house resale data helps boost stock markets 23 Nov 2009 17:33 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don't ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...

  • Stocks surge amid strong retail, housing data; weak US$ boosts commodities 23 Nov 2009 17:33 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. Bank of ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...

  • Toronto stocks higher as oil, metals rise; N.Y. ahead on positive housing data (Dollar-Markets) 23 Nov 2009 19:57 GMT
    ... development company focused on base metals in Zambia, in a cash-stock deal valued at US$260 ... ahead of earnings reports from the big banks over the next couple of weeks. "I don´t ... Bullard has suggested that the program of mortgage-backed bond buying be extended beyond the scheduled ...


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