WITH the negative impact of coronavirus on various sectors, a financial expert says banks need to provide finance to businesses in a bid to aid the recovery of the economy. Access Bank Zambia Limited managing director Joana Bannerman said time is ripe for banks to stand with the people. Ms Bannerman said in an interview recently that banks need to use their expertise to help the economy recuperate. “Currently, the banking sector is struggling like other industries because of the negative effects of COVID-19. However, the important thing for banks now is to ensure they support the economy so that recovery can happen. Read more
Engage qualified electricians for wiring tasks
IN THE recent past, I have received calls from Zesco Limited customers from across the country reporting damage of property due to what they believe could be persistent power outage. The belief is that when there is loadshedding, power returns with a lot of force and damages appliances. I want customers to understand that there are a number of factors that may lead to damage of property. One reason is the poor wiring of properties. Today, I choose to emphasise on the need for property owners to ensure that their properties, be it household or commercial, are wired by a qualified electrician to avoid damage of property or life. It is a good idea to engage a qualified and registered electrician to assess electrical wiring and offer qualified and cost effective solutions. Read more
INTERNATIONAL BUSINESS NEWS
Apple to Amazon Line Up Against Trump’s Immigrant Visa Ban
Several of nation’s largest tech companies — including and Apple, Facebook, Amazon and Microsoft — are the latest to join the court battle against President Donald Trump’s ban on new visas for temporary foreign workers. The group asked a court Monday to be allowed to add the industry’s voice to a lawsuit opposing the ban, saying it’s causing “irreparable harm on businesses and the nation’s economy.” Trump issued a proclamation on June 22 that suspends a host of non-immigrant visa programs, including H-1B visas for high-skill specialty occupations, H-2B visas for nonagricultural workers, and L-1 visas for intra-company transfers.