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Business
27 Jan 2023
|
Philip Chisalu
Inflation drops to 9.4%
THE annual inflation for January 2023 has reduced to 9.4 percent from the 9.9 percent recorded in December 2022. And the Zambia Statistics Agency says retail prices between December 2022 and January 2023 show that... […]
27 Jan 2023
|
Philip Chisalu
HH has performed poorly in managing debt – Kalaba
CITIZENS First leader Harry Kalaba says President Hakainde Hichilema has performed ‘very’ poorly with regards to managing the country’s debt. During her visit to Zambia, IMF Managing Director Kristalina Georgieva revealed that there was no... […]
26 Jan 2023
|
Chamuka Shalubala and Ndanji Nyirenda
ZRA to engage local govt in collecting Presumptive tax from bus stations
ZAMBIA Revenue Authority (ZRA) acting Commissioner General Joseph Nonde says the authority plans to engage the local government to help it collect Presumptive tax in bus stations. Presumptive taxes are estimates of tax payable that... […]
25 Jan 2023
|
Ulande Nkomesha
Govt signs agreement to amend SADC protocol on energy
GOVERNMENT has signed an agreement to amend the SADC protocol on energy which seeks to promote and encourage direct participation of SADC member states in the development and efficient use of energy resources. Speaking during... […]
25 Jan 2023
|
Philip Chisalu
FQM appoints Godwin Beene as country manager
FIRST Quantum Minerals Limited has announced the appointment of Godwin Beene as its Country Manager in Zambia taking over from General Kingsley Chinkuli. And Dr Beene has described his appointment as an honour and privilege.... […]
25 Jan 2023
|
Zondiwe Mbewe
We’ve honoured 10.5% salary hike for civil servants – Govt
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government has honoured and paid all eligible government employees the 10.5 percent salary increment. In a statement yesterday, the Ministry of Finance and National Planning said... […]
25 Jan 2023
|
Chamuka Shalubala
All of us will be dead by the time our copper finishes – Kabuswe
MINES and Minerals Development Minister Paul Kabuswe says Zambia has so much copper that by the time it finishes, everyone living now, including their grandchildren, will be dead. And Kabuswe says the construction of an... […]
25 Jan 2023
|
Philip Chisalu
It’s difficult for China to cut Zambia’s debt because it has its own challenges – IMF
IMF Managing Director Kristalina Georgieva says there is no consensus with China to effect a haircut on Zambia’s debt. And Georgieva says Zambia defaulting on the Eurobond last year made discussions on the country’s debt... […]
25 Jan 2023
|
Ulande Nkomesha
Zambia needs liquidity to grow GDP – Hambayi
EONOMIST Trevor Hambayi says government should move away from single-digit inflation and focus on growing the country’s GDP. Hambayi says in order for GDP to grow, there has to be liquidity in the market which... […]
25 Jan 2023
|
Chamuka Shalubala
Kwacha will remain weak as long as KCM, Mopani issues aren’t resolved – Nkhoma
ECONOMIST Noel Nkhoma says the Kwacha will continue to lose ground against major convertibles as long as KCM and Mopani issues are not resolved. In an interview, Nkhoma stressed the need to resolve issues around... […]
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