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Business
3 Jan 2023
|
Mwenya Mofya
Zesco to effect load shedding today
ZESCO has announced that it will carry out a rotational load shedding exercise which will commence today, January 3, 2023. In a statement, Sunday, the Zesco Corporate Affairs Department stated that there was a reduction... […]
2 Jan 2023
|
Chamuka Shalubala
Removal of duty from petroleum imports will cushion prices – OMCAZ
OIL Marketing Companies Association of Zambia president Kafula Mubanga has welcomed government’s decision to remove custom duty from petroleum products supplied in Zambia. This week, the Ministry of Energy wrote to Oil Marketing Companies informing... […]
2 Jan 2023
|
Chamuka Shalubala
Don’t panic buy because of Covid-19, Chipoka tells business community
MINISTER of Commerce, Trade and Industry Chipoka Mulenga has advised the business community in the country against panic buying as a result of the much anticipated COVID-19 wave. The country has recently seen a sharp... […]
2 Jan 2023
|
Philip Chisalu
New minimum wage insufficient to address cost of living – JCTR
THE Jesuit Centre for Theological Reflection (JCTR) says the revised minimum wages for certain groups is a step forward but remains insufficient to address the current cost of living. JCTR Social and Economic Development Programmes... […]
2 Jan 2023
|
Philip Chisalu
People have accepted monthly fuel reviews with pain – ZACA
ZAMBIA Consumer Association (ZACA) has expressed displeasure at the indication by the Energy Regulation Board that the monthly price reviews for fuel will continue even in 2023. Recently, ERB Board Chairperson Reynolds Bowa revealed that... […]
31 Dec 2022
|
Philip Chisalu
ERB reduces fuel prices for Jan
THE Energy Regulation Board has reduced the price of petrol by K1.40 per litre, while diesel has been reduced by 94n and kerosene by 47n. The January 2023 pump prices have been adjusted as follows:... […]
30 Dec 2022
|
Ulande Nkomesha
DBZ board refuses to pay employee bonuses; It will be reckless for me to allow that – Nkhoma
DEVELOPMENT Bank of Zambia (DBZ) Board Chairperson Noel Nkhoma says the Bank has no capacity to pay employees’ end of year bonuses. According to sources, Nkhoma had allegedly made an earlier commitment to honour deserving... […]
30 Dec 2022
|
Chamuka Shalubala
ZCSA directs Zambia Breweries to recall 828 cases of Castle Lite
ZAMBIA Compulsory Standards Agency ZCSA has directed Zambia Breweries Plc to recall selected beers of Castle Lite due to quality concerns. In a statement, Thursday, Agency Communications Officer Caroline Kalombe said the decision follows an... […]
30 Dec 2022
|
Ulande Nkomesha
Zambia records 5.3% GDP growth as inflation closes year at 9.9%
THE Annual inflation for December has increased by 0.1 per cent to 9.9 per cent from 9.8 per cent recorded in November, 2022. And the Gross Domestic Product (GDP) estimates for the third quarter of... […]
30 Dec 2022
|
Philip Chisalu
Tell consumers to minimise power usage or we start load-shedding, Zesco tells journalists
ZESCO-LIMITED Director Power Generation Wesley Lwindi says the water level at the Kariba North Bank Power Station has hit its lowest in the history of generation. And Power Station Manager Cephas Mubesa revealed that the... […]
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