Copperbelt Energy Corporation (CEC) Plc has recorded a negative cash flow generated from its operating activities of nearly K34 million in its 2019 financial half-year, triggered by Konkola Copper Mines’ (KCM) Plc delayed or non-payment

The 2019 World Economic Forum (WEF) on Africa kicks-off this week in Cape Town, South Africa, with a rallying call to action to tackle corruption and create sustainable employment opportunities for Africa’s large and growing

Africa is not winning the war to end hunger, says African Development Bank (AfDB) group president Dr Akinwumi Adesina. And Japanese Prime Minister Shinzo Abe has announced that Japan, through the Japan International Corporation Agency

The annual rate of inflation has leaped to 9.3 per cent in August, up from 8.8 per cent recorded in July, the highest on record since November, 2016, according to Central Statistical Office (CSO) data.

Renowned economist Professor Oliver Saasa says government’s determination to eventually implement the Goods and Services Tax (GST) on January 1, 2020, will eventually result in killing the mining sector because costs of production will drastically

Air France KLM Martinair Cargo has announced a resumption of its freight services into Lusaka from Amsterdam in September, 2019, since stopping the service back in 2016. In a statement issued from its Amsterdam Schiphol

Zambian Breweries Plc has posted increased of profits after tax of K193 million in the half-year period ending June 30, 2019, partly triggered by increased sales in clear beer. And Zambian Breweries says that despite

Zambia’s economic position continues to be gloomy following the downgrade of the country’s long-term foreign currency ratings deeper into junk status by Standards and Poor’s rating agency, says FNB Zambia. Last Friday, Zambia was downgraded

First Capital Bank Zambia Limited has been found to be Zambia’s most expensive lender of loan facilities among the 18 commercial banks, charging clients the highest interest rate of 32.25 per cent on personal loans.

Mines and Minerals Development Minister Richard Musukwa says government is willing to listen to any progressive talks that will structure a “user-friendly” exit of the Konkola Copper Mines parent company, Vedanta Resources. According to a