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Business
8 May 2023
|
Philip Chisalu
IMF statement on next disbursement has given us hope – GovtÂ
GOVERNMENT says the statement by IMF that it sees the disbursement of the $188 million to Zambia soon gives hope that a breakthrough is coming soon. According to Reuters, IMF Managing Director Kristalina Georgieva disclosed... […]
8 May 2023
|
Zondiwe Mbewe
ZCCM-IH suspended from London Stock Exchange trading
The Financial Conduct Authority has temporarily suspended ZCCM-IH share listing from the London Stock Exchange. According to a notice issued recently, the suspension is effective May 2, 2023. “Temporary suspension ZCCM Investments Holdings PLC: The... […]
7 May 2023
|
Philip Chisalu
ZRA recovers K3.5m from 7 FIC report cases
THE Zambia Revenue Authority (ZRA) says it has concluded seven cases from the Financial Intelligence Centre (FIC), resulting in the recovery of over K3.5 million. In a statement, Sunday, ZRA Corporate Communications Manager Oliver Nzala... […]
7 May 2023
|
Philip Chisalu
Musokotwane picks Muyangwa as Dolika quits ZCCM-IH job
FINANCE and National Planning Minister Dr Situmbeko Musokotwane has announced the appointment of Kakenenwa Muyangwa as the new Board Chairperson for ZCCM-IH. In a letter dated May 5, 2023, Dr Musokotwane said Muyangwa’s appointment had... […]
5 May 2023
|
Taonga Tembo
Govt calls for increased utilisation of Zambia’s digital servicesÂ
GOVERNMENT says there is need to hasten ICT literacy levels in the country and increase utilisation of digital services. And British High Commission in Zambia Head of Economic Development and Green Growth Sarah Bloom says... […]
5 May 2023
|
Chamuka Shalubala
CAA games have boosted our economy – Kangwa
MINISTRY of Youth, Sport and Arts Permanent Secretary Chileshe Kangwa says hotels and lodges on the Copperbelt and surrounding cities were fully booked following the country’s successful hosting of the Confederation of African Athletics games.... […]
5 May 2023
|
Taonga Tembo
Expect to feel negative impact of inflation, ZACA tells consumers
ZAMBIA Consumer Association (ZACA) Executive Secretary Juba Sakala says the rise in the inflation rate will negatively affect consumers, in that money has been devalued. ZAMSTATS recently announced that the annual inflation rate for the... […]
3 May 2023
|
Philip Chisalu
Let go of non performing entities under IDC, EAZ urges govtÂ
THE Economics Association of Zambia (EAZ) says IDC needs serious attention and transformation, arguing that in its current form, it is not adding significant value to complement the treasury. Speaking during the Ministry of Finance’s... […]
3 May 2023
|
Philip Chisalu
We’ll have challenges if we don’t secure $188m IMF disbursement by Q3 – Nkulukusa
FINANCE and National Planning Minister Dr Situmbeko Musokotwane has revealed that in the first quarter of 2023, the country’s total revenues and grants collection amounted to K26.3 billion. And Secretary to the Treasury Felix Nkulukusa... […]
2 May 2023
|
Philip Chisalu
Drop in diesel prices will reduce budgetary pressure for transportation sector – Chikwanda
ENERGY expert Johnstone Chikwanda says the reduction in the pump price for diesel for this month will reduce the budgetary pressure for transportation, distribution, and mining sectors. And Chikwanda says once the kwacha stabilises and... […]
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