PAC president Andyford Banda says it would be ill advised for Zesco to subsidise electricity for consumers because that would kill the company. And Banda says the mining sector is not the only problematic area... […]

ECONOMIST Oliver Saasa says Zambia cannot correct its fiscal problem by only using the Central Bank’s monetary instrument. And Professor Saasa says the increase in the Monetary Policy Rate (MPR) was expected but his biggest... […]

FINANCE and National Planning Minister Situmbeko Musokotwane says despite the restructuring process under the G20 Common Framework dragging for over two years, the country must be proud that it attained the deal. And Dr Musokotwane... […]

THE Bank of Zambia (BOZ) has raised the Monetary Policy Rate (MPR) by 100 basis points to 13.5 percent from 12.5 percent. And BOZ Governor Dr Denny Kalyalya has attributed gains in the local currency... […]

ZICA president Yande Mwenye has proposed that government re-introduces the windfall tax as it prepares for debt repayment. But Finance and National Planning Minister Situmbeko Musokotwane has insisted that windfall tax exists in the current... […]

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says former president Edgar Lungu is stressed because most of his family members are in court answering for unexplained wealth and as such, he is looking at... […]

THE Kwacha yesterday registered significant gains against major convertible currencies, with the buying rate closing at K25.5967 and the selling rate at K25.6467 against the US dollar, according to the Bank of Zambia (BOZ) market... […]

THE Zambezi River Authority (ZRA) has disclosed that recession in the lake levels at Kariba Dam has persisted from the last update of 10th April 2024. ZRA Chief Executive Munyaradzi Munodawafa has revealed that the... […]

DETAILS have emerged on how Energy Minister Peter Kapala fired Reynolds Bowa from his position as ERB Board Chairperson after the Board passed a vote of no confidence against him at a Special Board Meeting... […]

FINANCE Minister Dr Situmbeko Musokotwane says it’s economically illogical for people to expect to live as well as they did back in the 1960s, given the country’s low copper production of about 700,000 metric tonnes.... […]