Stuart Lisulo

Author Bio

About Stuart Lisulo

Stuart Lisulo is an experienced journalist with a focus on business news.

Email: stuart [at] diggers [dot] news

Stuart (Deputy News Editor) is an experienced journalist, with a focus on business news. He studied History at undergraduate level and has a Masters in International Journalism from the University of Central Lancashire in Preston, England. Having worked for the Post Newspapers for over three years, he has amassed experience as a practising journalist.

Email: stuart [at] diggers [dot] news

Lungu wishes Johnson speedy recovery from COVID-19
By Stuart Lisulo on April 8, 2020
PRESIDENT Edgar Lungu has wished British Prime Minister Boris Johnson a speedy recovery after he was diagnosed with COVID-19 and admitted to the Intensive Care....
Govt, FRA’s deal with millers failed to cut mealie meal prices – IAPRI
By Stuart Lisulo on April 7, 2020
GOVERNMENT’s Tripartite Agreement between the Food Reserve Agency (FRA) and selected millers to reduce mealie meal prices has failed to yield the desired results, says....
Absa re-opens Centro Mall branch
By Stuart Lisulo on April 4, 2020
ABSA Bank Zambia Plc has re-opened its Centro Mall Branch in Kabulonga following approval received from the Ministry of Health after it earlier closed the....
Kwacha nears 19 per dollar
By Stuart Lisulo on April 2, 2020
THE kwacha’s sharp depreciation against major convertible currencies is likely to continue due to Zambia’s weak economic productivity, compounded by diminishing dollar supply, says financial....
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Zesco’s demands to adjust BSA would’ve been injurious to our business – CEC
By Stuart Lisulo on April 2, 2020
COPPERBELT Energy Corporation (CEC) Plc says it remains totally committed to continue providing seamless power supply services to all its customers on the Copperbelt, while....
COVID-19 will trigger major global economic recession, warns World Bank
By Stuart Lisulo on March 25, 2020
THE World Bank has warned that a “major economic recession” will follow in the aftermath of the deadly COVID-19 outbreak. And the World Bank Group....
Lungu holds nation address on COVID-19 at 11:30hrs
By Stuart Lisulo on March 25, 2020
PRESIDENT Edgar Lungu is this morning expected to address the nation on the deadly Coronavirus pandemic. According to a statement released by President Lungu’s Special....
Multichoice explains movie rental fee hike
By Stuart Lisulo on March 23, 2020
MULTICHOICE Zambia has hiked its DStv Box Office rental fees to K30 per movie from K19.50, effective April 15, 2020, triggered by the company’s desire....
SAA scraps 162 flights in response to coronavirus
By Stuart Lisulo on March 20, 2020
SOUTH African Airways (SAA) has scaled down capacity and grounded 162 flights in response to the low demand for air travel, triggered by the Coronavirus....
Madison Financial Services to inject K70m into MAMCo
By Stuart Lisulo on March 18, 2020
THE Securities and Exchange Commission’s (SEC) temporary possession of Madison Asset Management Company (MAMCo) came as a result of its financial challenges, which emanated from....
Data proves Wina wrong on kwacha depreciation
By Stuart Lisulo on March 17, 2020
THE kwacha’s depreciation to an all-time low of K16.00 per dollar has been proven to be the worst-performing African currency despite Zambia being one of....
Airtel’s profit slumps to K15.7m
By Stuart Lisulo on March 16, 2020
AIRTEL Networks Zambia Plc has posted reduced net profits of only K15.7 million during its 2019 financial year period compared to over K64 million in....
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Kwacha trades in red as it hits K16 per US dollar
By Stuart Lisulo on March 16, 2020
THE kwacha has depreciated to hit the K16.00 per dollar psychological barrier for the first time in Zambia’s history, owing to a sustained high demand....
ZCCM-IH sets gold buying price at K550/gramme
By Stuart Lisulo on March 13, 2020
ZCCM-IH chief executive officer Mabvuto Chipata says talks with various companies outside Zambia are at an advanced stage to secure a viable market for the....
Zesco’s revenues endangered if BSA remains unresolved – Mutati
By Stuart Lisulo on March 10, 2020
ZESCO Limited’s revenues are at serious risk of being endangered if there is no speedy resolution to the Bulk Supply Agreement (BSA) with the Copperbelt....
Kwacha tumbles to K15.32 per dollar
By Stuart Lisulo on March 4, 2020
THE kwacha has continued depreciating to hit K15.32 per dollar owing to a sustained demand for the greenback on the local market, compounded with little....
Commodity prices, debt skyrocket over 100% since 2015
By Stuart Lisulo on March 2, 2020
ZAMBIA’S external public debt, along with the country’s major commodity prices, have more than doubled since 2015 when President Edgar Lungu first assumed office in....
Kwacha hits K15 per dollar again
By Stuart Lisulo on February 28, 2020
THE kwacha has depreciated to hit the K15.00 per dollar barrier for the second time in less than four months, owing to a sustained high....
Inflation rises to 13.9%
By Stuart Lisulo on February 28, 2020
THE annual rate of inflation has jumped to 13.9 per cent in February, up from 12.5 per cent recorded in January, the highest on record....
ACC prosecutes 3 cases from FIC’s 2018, 2019 trends reports
By Stuart Lisulo on February 27, 2020
THE Anti-Corruption Commission (ACC) says three cases from the 2018 and 2019 Financial Intelligence Centre (FIC) reports made it to court while one was closed....
Zambia drops out of top 50 global mining jurisdictions
By Stuart Lisulo on February 27, 2020
ZAMBIA’S position in the world’s top 50 global mining countries has plummeted in the latest Fraser Index to 58, losing a massive 28 places from....
Speeding truck kills two rhinos in Livingstone
By Stuart Lisulo on February 27, 2020
TWO rhinos have been hit and killed by a speeding truck along the Livingstone-Kazungula road, Tuesday evening, according to the Ministry of Tourism and Arts.....
Airtel, Natsave partner to launch eWallet service
By Stuart Lisulo on February 26, 2020
NATSAVE Bank has partnered with Airtel Mobile Commerce Zambia Limited to launch its Wallet-to-Bank and Bank-to-Wallet services, which allows customers of both institutions to instantly....

Interest rates rise to 28%

By Stuart Lisulo on 21 Feb 2020

INTEREST rates on loan facilities increased to an average 28 per cent by the end of last year from 26.1 per cent by September 30,....

Zambia far from debt sustainability to attract IMF – BoZ

By Stuart Lisulo on 20 Feb 2020

ZAMBIA is a long way from attaining debt sustainability due to the huge level of indebtedness and massive restructuring required in the economy, says Bank....

BoZ must maintain MPR at 11.5% – CTPD

By Stuart Lisulo on 20 Feb 2020

The Bank of Zambia (BoZ) must maintain the Monetary Policy Rate (MPR) at 11.5 per cent and resist any attempts to adjust it upwards to....

Lungu extols cordial Zambia-Russia relations

By Stuart Lisulo on 19 Feb 2020

PRESIDENT Edgar Lungu says the high level visits between Zambia and the Russian Federation, such as the visit to Zambia by Russia’s Federation Council Chairperson,....

Lungu mourns Moi

By Stuart Lisulo on 5 Feb 2020

President Edgar Lungu has expressed sympathy for Kenyans on the demise of their former president Daniel Arap Moi, who passed away in Nairobi, Tuesday. In....

Mining, construction companies still seeking insurance abroad – PIA

By Stuart Lisulo on 5 Feb 2020

Large corporations in the mining and the construction sectors are still sourcing insurance services from abroad and violating the law, says the Pensions and Insurance....

Lungu confident Zambians in China are receiving support as Coronavirus rages on

By Stuart Lisulo on 5 Feb 2020

President Edgar Lungu has expressed deep sorrow on the continued loss of lives in China caused by the novel Coronavirus, which has afflicted that country.....

Fake pastors inciting riots – Lungu

By Stuart Lisulo on 4 Feb 2020

President Edgar Lungu says the violence that has rocked Copperbelt Province has been exacerbated by fear-mongering and superstition from a few group of preachers. Speaking....

Inflation rises to 12.5%

By Stuart Lisulo on 2 Feb 2020

The annual rate of inflation has jumped to 12.5 per cent in January, up from 11.7 per cent recorded in December, the highest on record....

Copper prices maintain downward trend amid fast-spreading Corona outbreak

By Stuart Lisulo on 29 Jan 2020

Copper prices on the international market have continued falling to below the US $6,000 per metric tonne threshold to US $5,779 per tonne, its lowest....

Support us, we’ve dealt with Social Cash Transfer issues, Lungu tells diplomats

By Stuart Lisulo on 24 Jan 2020

President Edgar Lungu has appealed to the diplomatic community in Zambia to continue supporting the Zambian government’s implementation of the Social Cash Transfer (SCT) because....

Court jails Lusaka man 5 years over illegal trophy

By Stuart Lisulo on 24 Jan 2020

The Lusaka Magistrates’ Court has convicted and sentenced a 44-year-old man of George Compound to five years’ imprisonment with hard labour for illegal possession of....

Copper prices fall on fears of Corona virus

By Stuart Lisulo on 23 Jan 2020

Copper prices on the international market have markedly fallen in the last one week to around US $6,150 per metric tonne since the outbreak of....

High mealie meal prices will persist – IAPRI

By Stuart Lisulo on 23 Jan 2020

Mealie meal prices are likely to remain high this year until the main maize harvest period in May, says the Indaba Agricultural Policy Research Institute....

Govt must be transparent in gold mining ventures – CTPD

By Stuart Lisulo on 23 Jan 2020

Government must endeavour to be transparent and consultative in its new gold mining ventures being spearheaded by ZCCM-IH for all stakeholders to clearly understand their....

ZICTA receives 791 social media abuse complaints

By Stuart Lisulo on 23 Jan 2020

ZICTA has recorded a total of 791 complaints regarding social media abuse during 2019, with the majority of the cases lodged in from women. According....

SAA confirms sale of nine aircraft

By Stuart Lisulo on 20 Jan 2020

South African Airways (SAA) has put some of its aircraft up for sale to accommodate the new Airbus A350-900s the airline recently added to its....

CUTS bemoans MTN’s expensive non-expiry bundles

By Stuart Lisulo on 17 Jan 2020

MTN Zambia has launched a new range of non-expiry mobile data bundles dubbed: “Freedom Bundles” which will see its subscribers being forced to pay more....

Kwacha to average K14.40/dollar in short-term

By Stuart Lisulo on 16 Jan 2020

The kwacha is expected to remain under pressure, depreciating against major currency convertibles, to end the mid-way point of this month at around K14.40 per....

ZCCM-IH’s profits drop by 47%

By Stuart Lisulo on 15 Jan 2020

ZCCM-IH posted reduced profits after tax of K448 million during its financial year ending March 31, 2019, triggered by reduced dividends paid by Kansanshi Mining....