Business

11 May 2023 | Philip Chisalu

Govt must consider plan B on debt, we can’t put all eggs in 1 basket – ZICA

THE Zambia Institute of Chartered Accountants (ZICA) has urged the government to keep pushing for debt restructuring but also start crafting a plan B should that process take longer than planned. And ZICA has urged... […]

11 May 2023 | Timothy Kaumba

Kitwe bus drivers reject fare reduction

CONFUSION erupted at Kitwe main bus station yesterday after authorities attempted to implement a fare reduction. Among the routes where fares were earmarked for reduction are Kitwe-Ndola route with a reduction of K6, from K36... […]

11 May 2023 | Chamuka Shalubala

I never imagined this country would get back into debt crisis – HH

PRESIDENT Hakainde Hichilema says he never imagined the country would fall into another debt crisis, a few years after the balance sheet was cleaned up. Addressing delegates at the Zambia Investor Forum in London, Wednesday,... […]

10 May 2023 | Chamuka Shalubala

HH discusses debt restructuring with Macron

PRESIDENT Hakainde Hichilema has re-emphasised the importance of a speedy resolution to Zambia’s debt crisis. According to a statement posted on his Facebook page, Wednesday, President Hichilema asked France to use its role to leverage... […]

10 May 2023 | Philip Chisalu

We don’t want to compromise data by rushing to release final census report – ZamStats

THE Zambia Statistics Agency (ZamStats) says it’s mindful that it is supposed to expedite the finalisation of the census report, but it does not want to rush the process for fear of compromising data. In... […]

10 May 2023 | Philip Chisalu

It looks like we’ve been in power for 5 years – HH

PRESIDENT Hakainde Hichilema says the UPND administration has only been in office barely one year and seven months but it looks like it has been around for five years. Speaking yesterday at the Panmure House... […]

9 May 2023 | Philip Chisalu

Zesco extends amnesty period for illegal connections

ZESCO Limited has announced that it has extended the amnesty period for customers involved in illegal connections to May 31, 2023. The power utility company has warned that effective June 1, 2023, all customers that... […]

9 May 2023 | Chamuka Shalubala

ZCCM-IH to engage London Stock Exchange over suspension

ZCCM-IH says it has been temporarily suspended on the London Stock Exchange due to non-publication of audited financial results for the years 2021 and 2022 within regulation time. The company says in view of its... […]

9 May 2023 | Chamuka Shalubala

Local authorities not following bidding procedure – ZPPA

ZAMBIA Public Procurement Authority (ZPPA) Director General Idah Chella says the authority undertook 10 investigations, of which seven were concluded, on various procurement matters during the first quarter of 2023. And Chella has noted with concern... […]

9 May 2023 | Chamuka Shalubala

Scholarships Board proposes 5% interest rate reduction on students loans

THE Higher Education Loans and Scholarships Board (HELSB) says it has sent a proposal to the Ministry of Education for a downward adjustment of interest rates on student loans from 15 percent to 10 percent.... […]

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