Business

1 Sep 2023 | Philip Chisalu

Inflation increases to 10.8%

THE annual inflation rate for August 2023 has increased to 10.8 percent from the 10.3 percent recorded in July, 2023. And the Zambia Statistics Agency (ZamStats) says the country recorded a trade surplus of K2.3... […]

1 Sep 2023 | Nakaonga Nakaonga

Govt must be transparent on KCM, Mopani, we don’t know what’s causing the delays – CTPD

CTPD Executive Director Isaac Mwaipopo says the continued delay by government to announce a way forward for Mopani Copper Mines and Konkola Copper Mines (KCM) is retrogressive and counterproductive for the country’s economy. And the... […]

31 Aug 2023 | Philip Chisalu

ERB hikes petrol, diesel prices by over K3

The Energy Regulation Board (ERB) has adjusted upwards the pump price for petrol by K3.85 per litre, K3.52 for diesel and K3.86 for Jet A- 1 at KKIA. Meanwhile, ERB has suspended the revision of... […]

31 Aug 2023 | Philip Chisalu

There’s some stability in the economy – PwC

PRICEWATER Coopers (PwC) Country Senior Partner Andrew Chibuye says although the common man is feeling the effects of the high cost of living, there is some semblance of stability in the economy. And Chibuye says... […]

31 Aug 2023 | Chamuka Shalubala

ZAM urges manufacturing sector players to prepare for load shedding

ZAMBIA Association of Manufacturers (ZAM) president Ashu Sagar has encouraged players in the manufacturing sector to prepare adequately for load shedding this year. On Monday, Energy Minister Peter Kapala said the government started planning for... […]

29 Aug 2023 | Taonga Tembo

ERB fines 17 energy companies for breaching licence conditions

THE Energy Regulation Board (ERB) says it has fined 17 energy companies a total of K585,000 for breaching licence conditions, which include failure to submit financial returns and operating a service station without a licence.... […]

29 Aug 2023 | Chamuka Shalubala

We’ve spent 4 months planning on how to make next load shedding less disruptive – Kapala

ENERGY Minister Peter Kapala says government started planning for load management about four months ago to ensure that there are no serious disruptions this year. In an interview, Monday, Kapala said government had been planning... […]

29 Aug 2023 | Philip Chisalu

Truck Drivers Association urges RDA to stop overloads, preserve roads

THE Truck Drivers Association of Zambia (TDA) says the Road Development Agency should ensure that road users are compliant with load limits in order to preserve the roads which are being worked on. The association... […]

29 Aug 2023 | Philip Chisalu

We need to establish why there’s too much tax evasion – EAZ

THE Economics Association of Zambia [EAZ] says there is need to interrogate the tax management system and administration to establish why there is low compliance and so much evasion. And EAZ president Isaac Ngoma says while... […]

29 Aug 2023 | Chamuka Shalubala

EIZ suspends licence for collapsed Makeni building contractor

THE Engineering Institute of Zambia (EIZ) has disclosed that it has suspended the practicing licence for Stalwart Investments, the contractor of Chanda Mall in Makeni that collapsed whilst under construction. Last month, one person died... […]

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