The Goods and Services Tax (GST) is likely to negatively affect Zambia’s annual rate of inflation and push it to double-digits, averaging between 10 and 14 per cent following implementation, according to Zanaco Plc. Zanaco […]

Zesco’s plan to adjust electricity tariffs upwards should be rejected because they will hurt vulnerable households who will face an increased cost of living, says the Consumer Unity Trust Society (CUTS). Zesco has proposed to […]

Konkola Copper Mines Plc (KCM) has formally withdrawn a critical allowance payment affecting 320 staff effective March 1, 2019. But KCM’s corporate affairs general manager Eugene Chungu has explained that the critical allowances awarded to […]

Zambia is among 26 pilot countries worldwide selected to participate in the United States government’s newly-launched Academy for Women Entrepreneurs (AWE) programme established to support women entrepreneurs through a US$30,000 grant. According to a statement […]

Vedanta Resources Limited has appointed Christopher Sheppard as the new Konkola Copper Mines Plc (KCM) chief executive officer effective March 18, 2019, to be based at KCM’s head office in Chingola. In a statement availed […]

Mealie meal shortages being experienced in some parts of the country should prompt government to revise the recent lifting of the export ban of the commodity, says agro expert Simon Mwamba. And the Jesuit Centre […]

Lafarge Zambia Plc has posted increased profits of K195 million after tax in its financial year ending December 31, 2018, mainly boosted by higher cement sales on the domestic market last year. According to its […]

Konkola Copper Mines Plc as shut down its Underground Mine Shaft 4 operations following a fatal accident that claimed one miner’s life after being crushed by an electronic locomotive. In a statement, KCM public relations […]

Zambia’s external debt of over US $10 billion has breached the internationally-acceptable threshold of 40 per cent relative to Gross Domestic Product (GDP), data shows. And the Zambia Institute for Policy Analysis and Research (ZIPAR) […]

Real Estate Investments Zambia Plc (REIZ) posted reduced profits after tax of K2.8 million during its 2018 financial year down from K25 million recorded in 2017, triggered by a decline in rental income, data shows. […]