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Business
3 Dec 2022
|
Chamuka Shalubala
FQM, ZCCM-IH deal is more beneficial to Zambia – Govt
CHIEF Government Spokesperson Chushi Kasanda has refuted reports that ZCCM-IH has sold its shares in Kansanshi Mining Plc, saying the parties have simply entered into a new arrangement that provides a more beneficial revenue stream.... […]
2 Dec 2022
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Chamuka Shalubala
Load shedding to commence DEC 15, announces govt
ENERGY Minister Peter Kapala has announced that ZESCO will implement a load management regime of up to six hours daily starting on December 15, this year. Kapala says a load shedding schedule will be published... […]
2 Dec 2022
|
Chamuka Shalubala
Our target is to secure not less than $50m for lending next year- DBZ
DEVELOPMENT Bank of Zambia (DBZ) board chairperson Noel Nkoma says the bank is targeting to secure not less than $50 million for lending next year. In an interview, Nkoma, however, said the bank was currently... […]
2 Dec 2022
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Chamuka Shalubala
We’re depending on private sector to create meaningful jobs – GovtÂ
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government and citizens are depending on the private sector to create meaningful jobs that will reduce poverty levels. Speaking at a sensitisation workshop on leveraging private... […]
2 Dec 2022
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Zondiwe Mbewe
Govt gives up shareholding right in Kansanshi Mine, as ZCCM-IH drops criminal charges against FQM directors
ZCCM-IH has entered into a transaction with First Quantum Minerals (FQM) to convert its dividend rights and economic value in its 20 percent equity in Kansanshi Mining Plc into a life of mine royalty. According... […]
1 Dec 2022
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Ulande Nkomesha
ERB hikes petrol by K1.58, as diesel prices remain unchanged
THE Energy Regulation Board has adjusted upward the price of petrol by K1.58 per litre, while kerosene has been hiked by K1.22 per litre. The pump price of diesel, however, remains unchanged. The December 2022... […]
30 Nov 2022
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Chamuka Shalubala
Chipata not to blame for recent fuel contamination- ERB
ENERGY Regulation Board chairperson Reynolds Bowa says no one in Chipata can be faulted for the recent fuel contamination because the commodity was already contaminated when it was delivered. Earlier this month, Bowa said ERB... […]
30 Nov 2022
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Ulande Nkomesha
Kanyama explains Kwacha depreciation
ECONOMIST Chibamba Kanyama has attributed the continued depreciation of the Kwacha to fertilizer and fuel imports as well as increased demand for dollars during the festive season. According to the Bank of Zambia rates, yesterday... […]
29 Nov 2022
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Ulande Nkomesha
Living standards will improve as economy grows – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says citizens’ living standards will improve as the country’s economy grows. In an interview, Dr Musokotwane said as the economy improves, people should expect their incomes to... […]
29 Nov 2022
|
Chamuka Shalubala
Beeline to start operating on Jan 31, we don’t expect another extension – ZICTA
THE Zambia Information and Communications Technology Authority (ZICTA) says the country’s fourth mobile network operator Beeline Telecom, is expected to commence operations on January 31, 2023. The authority says Beeline has the financial capability to... […]
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