Business

FINANCE Minister Situmbeko Musokotwane says the country can’t just rely on IMF and World Bank loans and grants but also needs to do something to increase foreign exchange, which the new dawn is doing through... […]

GOVERNMENT has disclosed that a Canadian company, Convergence Fund, has offered to give the Zambia Industrial Commercial Bank (ZICB) $50 million for onward lending to SMEs doing green initiatives. Ministry of Green Economy and Environment Permanent... […]

OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says it was expected that the Energy Regulation Board would maintain the fuel prices for January 2024. And Dr Mubanga has urged government to... […]

GOVERNMENT has justified that the upward adjustment in toll fees for heavy good vehicles is necessary for it to implement a very ambitious programme to rehabilitate all major trunk, district, township and feeder roads. In... […]

ECONOMIST Lubinda Haabazoka says it’s not surprising that the inflation rate has increased once more to 13.1 percent because the Kwacha has continued to depreciate on a daily basis. The annual inflation rate for December... […]

ZESCO Board Chairman Vickson N’cube says citizens will see for themselves when load shedding commences, but for now, it has not started. In an interview, Friday, N’cube said the power cuts being experienced in some... […]

THE Energy Regulation Board (ERB) has maintained the fuel pump prices for January at K29.98 for petrol, K29.96 for diesel, K29.29 for Jet A1 and K20.44 for kerosene. And ERB has announced that it has... […]

THE ZAMBIA Revenue Authority (ZRA) says it has collected K100.6 billion in taxes for the first time in history. On December 13, ZRA Commissioner General Dingani Banda had said the authority had recorded a K4.5... […]

ZESCO Limited has announced that it has successfully connected Lundazi and Chama Districts of Eastern Province to the national grid, for the first time since Zambia’s independence. The power utility company says the project has... […]

THE Zambezi River Authority (ZRA) has announced that it has allocated 16 Billion Cubic Metres of water to be shared equally between Zesco and Kariba Hydro Power Company for power generation in 2024. And the... […]