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Business
29 Jun 2024
|
Ulande Nkomesha
Viet-Zam was guided to apply for a smaller portion of land – Govt
COMMERCE, Trade and Industry Minister Chipoka Mulenga says no land has been allocated to Viet-Zam, but the company has been advised to apply for a smaller portion of land instead. Viet-Zam Diversified Development Corporation Limited... […]
28 Jun 2024
|
Philip Chisalu
There will be no GDP to talk about this year – Haabazoka
ECONOMIST Dr Lubinda Haabazoka says there will be no Gross Domestic Product (GDP) to talk about this year due to reduced economic activities as a result of the scarce electricity. Commenting on Zesco’s recent revelation... […]
28 Jun 2024
|
Chamuka Shalubala
NHIMA proposes hike in employee contributions in 2025 budget
THE National Health Insurance Management Authority has proposed to hike employee contributions in 2025. Presenting a budget proposal at the ongoing National Consultations for the 2025 Budget and 2025-2027 Medium Term Budget Plan, NHIMA Director... […]
28 Jun 2024
|
Ulande Nkomesha
Inflation increases to 15.2%
THE annual inflation for June 2024 has increased to 15.2 percent from 14.7 percent recorded in May 2024. The Zambia Statistics Agency (ZamStats) has also revealed that between June 2023 and June 2024, the national... […]
28 Jun 2024
|
Philip Chisalu
Vedanta, govt not to blame for delayed salaries at KCM – Kabuswe
MINISTER of Mines and Minerals Development Paul Kabuswe says the delayed June salaries at KCM is not government’s or Vedanta’s fault, but is due to the court processes that had put the mine in a... […]
27 Jun 2024
|
Chamuka Shalubala
IMF approves $569.6m for Zambia under ECF programme
THE Ministry of Finance and National Planning has disclosed that the International Monetary Fund has injected US$569.9 million following the board approval of Zambia’s 38-month Extended Credit Facility arrangement. According to a statement issued by... […]
27 Jun 2024
|
Philip Chisalu
Zesco, Namibia discussing further power claw back possibilities – Kapala
ENERGY Minister Peter Kapala has disclosed that a Zesco team is in Namibia to negotiate the possibility of further clawing back power exported to that country. Kapala also says government will re-look the Indeni contract... […]
27 Jun 2024
|
Ulande Nkomesha
ZRA looking to procure more drones to curb illicit trade – Banda
THE Zambia Revenue Authority says it is committed to adopting innovative solutions to drive economic growth and development. The authority says it looks forward to continued collaboration with the World Bank to acquire more drones... […]
27 Jun 2024
|
Philip Chisalu
Zambia needs to reform FISP, FRA to increase productivity – World Bank
THE World Bank has recommended that government must reform the Farmer Input Support Programme (FISP) and the Food Reserve Agency (FRA) to free up fiscal space for productive investments and to support diversification efforts. The... […]
27 Jun 2024
|
Zondiwe Mbewe
June salaries will be delayed, KCM informs employees
KONKOLA Copper Mines (KCM) has informed its employees that their June salaries will be delayed due to unexpected circumstances, which have negatively impacted on its cash flows. This was the same situation last month when... […]
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