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Business
10 Jan 2023
|
Philip Chisalu
My ministry pursuing other means to bridge K10m financial gap at CEEC – Mubanga
MINISTER of Small and Medium Enterprises Development Elias Mubanga says his ministry is in talks with cooperating partners in order to find ways of bridging the K10 billion financial gap at CEEC. During the awarding... […]
10 Jan 2023
|
Chamuka Shalubala
Govt will come under a lot of pressure to deliver on 2023 budget targets – Kanyama
ECONOMIST Chibamba Kanyama says the country may end 2023 with less than the projected growth rate of 3.7 percent due to load shedding and uncertainty around external debt restructuring. And Kanyama says government will this... […]
9 Jan 2023
|
Chamuka Shalubala
We’re looking at having 1.3m tourists this year despite Covid – PS
MINISTRY of Tourism Permanent Secretary Evans Muhanga says the recent surge in COVID-19 cases won’t affect the country’s projected 1.3 million tourism visitations for 2023. In an interview, Muhanga said the world had now learnt... […]
9 Jan 2023
|
Chamuka Shalubala
Govt says it has obtained $145,000 grant from Adaptation Fund
THE Ministry of Green Economy and Environment has announced that government, through the Ministry, has obtained a Readiness Package Grant of US$145,000 from the Adaptation Fund to facilitate ZICB’s accreditation to the said Fund. In... […]
9 Jan 2023
|
Ulande Nkomesha
Invest in nuclear power generation stations, Mbita advises govt
FORMER Zesco board chairperson Mbita Chitala has advised the government to invest in nuclear power generation stations to curb power outages. In response to a press query, Chitala encouraged government to make a formal request... […]
4 Jan 2023
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Chamuka Shalubala
Zambia Sugar, Zanaco, CEC, Chilanga Cement lead in market capitalisation
A PwC Zambia’s 2021 Listed Companies Analysis Report has revealed that market capitalisation of companies listed on the Lusaka Stock Exchange (LuSE) increased by K9.8 billion to K67.3 billion in kwacha terms, and by US$1.3... […]
4 Jan 2023
|
Philip Chisalu
SMEs ministry dangles K400m for empowerment in 2023
MINISTER of Small and Medium Enterprises Development Elias Mubanga says government has given his ministry about K400 million for various empowerment programmes for this year. In an interview, Tuesday, Mubanga said the said allocation had... […]
4 Jan 2023
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Nakaonga Nakaonga
ZNFU opposes govt’s decision to import wheat
THE Zambia National Farmers’ Union (ZNFU) has expressed concern about government’s decision to allow the importation of 125,000 metric tons of wheat. In a statement, ZNFU president Jervis Zimba said the decision by the Ministry... […]
3 Jan 2023
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Philip Chisalu
Preparatory works for Batoka hydropower project have advanced – ZRA
ZESCO Limited Director Power Generation Wesley Lwiindi says the company is in discussion to construct a 2,400 megawatts total installed capacity power station at Batoka Gorge. And Zambezi River Authority (ZRA) Director Water Resources Christopher... […]
3 Jan 2023
|
Chamuka Shalubala
We’re far from becoming a cashless economy- Fundanga
ZAMBIA Revenue Authority (ZRA) Board Chairperson Caleb Fundanga says the country is far from becoming a cashless economy. In an interview, Dr Fundanga said globally, only Sweden had gotten closer to becoming a cashless economy.... […]
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