ZESCO Limited has announced the rolling out of smart meters that will enable the power utility to regulate the usage of electricity by switching off certain appliances in customer’s homes. And Zesco has announced that

KONKOLA Copper Mines (KCM) Plc’s provisional liquidator Milingo Lungu’s claim that Copperbelt Energy Corporation (CEC) Plc agreed to have the mining company’s debt paid following a pending sale is misleading, says the power utility’s chief

THE Bankers’ Association of Zambia (BAZ) has welcomed the creation of the K8 billion COVID-19 bond, but has warned that it may cause liquidity challenges in the short-to-medium-term. And the Association says interest rates on

BANK of Zambia (BoZ) Governor Dr Denny Kalyalya says transactions via the mobile money wallet account platform have grown exponentially, posting an annual average growth of 126 per cent in value from K2.07 billion processed

THE Kitwe High Court has reserved ruling in a matter in which Copperbelt Energy Corporation (CEC) Plc has applied for the discharge of the exparte order for interim injunction granted to Konkola Copper Mines limited

INTERNATIONAL Trade economist Trevor Simumba has challenged Energy Minister Mathew Nkhuwa to make public the Statutory Instrument by which he declared all transmission and distribution lines in the country, including Zesco’s, as Common Carrier. In

KONKOLA Copper Mines (KCM) provisional liquidator Milingo Lungu says the mining company entered into an agreement with Copperbelt Energy Corporation (CEC) Plc that the US $144 million debt owed to the power utility would fully

THE International Monetary Fund (IMF) has announced that the current staff team now has the mandate to discuss an economic programme with Zambia. According to a statement issued by Ministry of Finance spokesperson Chileshe Kandeta,

FINANCIAL analyst Trevor Hambayi says government’s move to issue an K8 billion COVID-19 bond will only add to Zambia’s heavy debt burden without addressing the core needs of the private sector who still require much-needed

MINISTER of Energy Mathew Nkhuwa says the recent regulatory and statutory changes make it clear that all transmission and distribution lines in the country are declared as Common Carrier to facilitate a move towards a