ENERGY Minister Makozo Chikote says government has no control over power that is usually restored at awkward hours. Commenting on recent erratic supply of electricity in an interview, Makozo said the supplier decided as and... […]

FORMER Betternow Finance Company (BFC) Managing Director Noel Nkoma says non performing loans have killed most financial institutions in the country. On Thursday, the Bank of Zambia (BOZ) resolved to terminate the possession of Betternow... […]

THE World Bank report on Zambia’s Public Financial Review has revealed that State Owned Entities (SOEs) averaged losses of $492 million per year between 2019 and 2020. The report states that, given their weak financial... […]

THE Public Service Micro Finance Company Limited (PSMFC) says it has financed K3.8 million in September to civil servants accessing the solar loan facility. In an interview, Wednesday, PSMFC Executive Chief Officer Mubanga Mwiko said... […]

JESUIT Centre for Theological Reflection (JCTR) Executive Director Fr Alex Muyebe says the cost of living will continue to escalate beyond K10,000 for the remainder of 2024. Giving his analysis in an interview on the... […]

THE Economics Association of Zambia (EAZ) says the 2025 national budget should place a strong emphasis on increasing domestic revenue financing and aim to reduce Zambia’s dependence on external borrowing. Minister of Finance and National... […]

SOLWEZI East UPND member of parliament Alex Katakwe questioned yesterday whether President Hakainde Hichilema is safe after Edgar Lungu was quoted in the Zambia Daily Mail saying, “we’ll fight HH”. But Speaker of the National... […]

POLICE says it has apprehended 501 suspected junkies in its continued operations to rid the communities of criminal elements that have been attacking innocent citizens. In a statement, Tuesday, Police Spokesperson Rae Hamoonga said the... […]

THE World Bank has recommended removing the President from the Industrial Development Corporation (IDC) Board to mitigate potential conflicts of interest and political interference. The World Bank has also recommended that Zesco implements cost-reflective tariffs... […]

ACCESS Bank Deputy Managing Director Chizoma Okoli has commended government for creating an enabling environment for investment in the country. And Vice President Mutale Nalumango has urged Access Bank to consider investing in the mining... […]