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Kagem Emerald Mine Parent Company Gemfields generated US$330.3 million (ZMW 5.7 billion) Revenue from 1 July 2021 through 30 June 2022 from its 75%-owned Kagem emerald mine, in Zambia; its 75%-owned Montepuez ruby mine, in Mozambique; and Gemfields’ wholly-owned iconic luxury brand Fabergé.
Gemfields own 75% of the mine while the remaining 25% stake is held by the Zambian government in Lusaka via the Industrial Development Corporation of Zambia. The Kagem mine is the first emerald mine in the world to be assessed against Eco-Age ’s Green Carpet Challenge (GCC) Principles of Sustainable Excellence .
Absa Bank Zambia Ltd, part of Absa Group; Access Bank Zambia Ltd, part of Access Bank Group; Bank of China (Zambia) Ltd (BOC), part of Bank of China Group; Citibank Zambia Ltd, part of Citigroup; Ecobank Zambia Ltd, part of Ecobank Group; First Alliance Bank Zambia Ltd (FAB) First Capital Bank Zambia Ltd (FCB), part of First Capital Bank Group
Access Bank Zambia; BancABC [113] Bank of China; Barclays Banknow Absa Zambia; Cavmont Bank; Citibank; Ecobank; Finance Bank Zambia Limited; First Alliance Bank Zambia Limited; First National Bank (South Africa) Indo-Zambia Bank Limited; Zambia Industrial Commercial Bank; International Commercial Bank; Investrust Bank; Stanbic Bank; Standard ...
In November 2016, the Bank of Zambia took possession of the Intermarket Banking Corporation Zambia Limited, a commercial bank, which had become insolvent and unable to meet its financial obligations. In February 2017, the central bank announced that it would re-structure Intermarket Bank, to enable it to re-open. [2]
Atlas Mara Bank Zambia – Lusaka, Zambia – 100% Shareholding – A commercial bank in Zambia, serving individuals and businesses. Was held through ABC Holdings Limited . In November 2015, Atlas Mara announced that it would be acquiring Finance Bank of Zambia and merge its operations to those of BancABC Zambia.
Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) is the dominant financial trade union in Zambia. The union was founded on 17 November 1961 as Rhodesian Society of Bank Officials . Its name was changed to Zambia Union of Bank Officials on 23 November 1970, then Zambia Union of Financial Institutions in 1978.
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