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Top news items in major Zambian media outlets

Xinhua, April 1, 2017 Adjust font size:

The following are news highlights in Zambia's major media outlets on Saturday.

-- Zambian President Edgar Lungu has urged companies to venture into value addition and take advantage of government's incentives to grow their businesses.

Lungu said when he launched a state of the art malting plant constructed by the country's main brewer, Zambia Breweries Plc, that companies to should take advantage of the government's good policies to grow their businesses. (Zambia Daily Mail)

-- The Zambian government has commended China's move to close down its domestic market for ivory, saying it will help the conservation of African elephants as poachers will have no market.

Minister of Tourism and Arts Charles Banda said the announcement by China will not only preserve the elephant population but boost tourism in African countries. (Daily Nation)

-- The state of the Zambian economy remains challenging and bank lending rates will not decrease at once, one of the country's top banks has said.

Henz Mulder, managing director of Zanaco Bank said while the country's economic prospects looked buoyant, there were currently fiscal hardships after the economic strains suffered by the country in the last two years. (The Mast) Endit