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Business
CCPC fines Levy Mwanawasa Medical University for failure to award degrees
THE Competition and Consumer Protection Commission (CCPC) has fined Levy Mwanawasa Medical University 0.5 percent of its annual turnover for failing to award degrees to clinical science students for the period 2016 to 2019. And... […]
BoZ maintains monetary policy rate at 9%
BANK of Zambia governor Dr Denny Kalyalya says the Monetary Policy Rate has been maintained at 9 percent due to the sharp deceleration in inflation in the second quarter and lingering vulnerabilities in the financial... […]
Reduction of lending rates by some banks excites BAZ
BANKERS Association of Zambia chairperson Mizinga Melu has attributed the reduction in lending rates by some banks to the positive downward trend in inflation, kwacha appreciation and the stable macro-economic environment. Standard Chartered Bank Zambia... […]
Loan recoveries currently at 27 % – CEEC
CITIZENS Economic Empowerment Commission (CEEC) public relations and communications manager Michelo Mukata says the loan recovery rate has not been impressive and is currently sitting at 27 percent. And CEEC has unveiled seven empowerment products... […]
We see positive sentiments fuelled by upcoming IMF programme- BAZ
BANKERS Association of Zambia Chairperson Mizinga Melu says the association sees positive sentiments in the medium to long term fuelled by the upcoming IMF programme. Responding to a press query on Zambia’s economic outlook with... […]
ZPPA permanently bars 3 firms for collusion
THE Zambia Public Procurement Authority (ZPPA) has permanently barred three entities from participating in public procurement for collusion and connivance in the submission of quotations in a tender undertaken by the Ministry of Health. The... […]
Govt should maintain stance on bus fares – OMCs
OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says most transporters used to maximise on the weakness of the PF government to exploit commuters. In an interview, Dr Mubanga said the previous... […]
Zambia has no deficit of creative minds – Mutati
MINISTER of Technology and Science Felix Mutati says Zambia has no deficit of creative minds and innovators, arguing that all what is needed is collaboration. And Mutati has expressed confidence that the Africa Free Continental... […]
Fare reduction unsustainable, we’re still paying cadres, laments Bus Association
BUS and Taxi Association of Zambia Lusaka provincial chairperson Peter Phiri says the proposed reduction in bus fares is unsustainable, lamenting that cadres are still demanding cuts from drivers. Speaking when he featured on Radio... […]
Smuggling continues to be ZRA’s biggest challenge – Fundanga
ZAMBIA Revenue Authority (ZRA) Board Chairperson Dr Caleb Fundanga says smuggling has continued to be the authority’s biggest challenge. In an interview, Dr Fundanga also noted that smuggling undermined local production. “People will smuggle. As... […]
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