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Business
30 Sep 2022
|
Ulande Nkomesha
Inflation marginally rises by 0.1%
THE annual rate of inflation has increased by 0.1 percent for the month of September from 9.8 percent in August to 9.9 in September. At a briefing, Thursday, Zambia Statistics Agency Interim Statistician General Mulenga... […]
29 Sep 2022
|
Roland Kalangu
Zesco says it has sold 123,250 GWh of electricity this year
ZESCO Managing Director Victor Mapani says the power utility company has seen an increase in trading activities on the Southern African Power Pool market trading platforms, from 119,043gwh of electricity in 2021 to 123,250gwh this... […]
29 Sep 2022
|
Philip Chisalu
KCM appoints Rand Merchant Bank as financial advisor
KONKOLA Copper Mines (KCM) Provisional Liquidator Celine Nair has announced the appointment of Rand Merchant Bank (RMB) as financial advisor, in the government’s on-going efforts to bring it back into full operation. Confirming the development... […]
28 Sep 2022
|
Valentina Daka
Revision of NAPSA Act best pronouncement of the year – Kanyama
ECONOMIST Chibamba Kanyama says Cabinet’s decision to approve the introduction of a Bill in Parliament aimed at amending the National Pension Scheme Act Chapter 256 of the Laws of Zambia is the best pronouncement of... […]
28 Sep 2022
|
Nakaonga Nakaonga
We’ve spent close to K4m to address cattle disease outbreak – Govt
GOVERNMENT says it is spending a minimum of about K1 million per week to address the Contagious Bovine Pleuropneumonia (CBPP) outbreak, a disease that affects cattle, disclosing that so far, close to K4 million has... […]
28 Sep 2022
|
Philip Chisalu
MUZ asks Glencore to spell out conditionalities attached to its proposal to lend Mopani $100m
THE Mine Workers Union of Zambia (MUZ) says Glencore should clearly state the conditionalities attached to its proposal to jointly lend Mopani Copper Mines $200 million with ZCCM-IH. According to Reuters, Glencore, which owned Mopani... […]
28 Sep 2022
|
Philip Chisalu
Suspense around KCM, Mopani will soon be gone – Kabuswe
GOVERNMENT has assured citizens that it is on track in terms of resolving issues surrounding Konkola and Mopani Copper Mines, saying it’s mindful that it has no time to dilly-dally around the two important assets.... […]
27 Sep 2022
|
Chamuka Shalubala
Africa celebrates useless things – Lumumba
KENYAN Professor Patrick Lumumba says Africa is in the business of celebrating useless things, observing that people’s levels of satisfaction are very low. And US-based Ghanaian author Dr Samuel Pipim says Africa needs to move... […]
27 Sep 2022
|
Chamuka Shalubala
UPND’s first budget hasn’t performed badly – Fundanga
FORMER Bank of Zambia (BOZ) Governor Dr Caleb Fundanga says the new dawn government’s first national budget has not performed badly, noting that there are a number of interventions during the course of the year... […]
27 Sep 2022
|
Ulande Nkomesha
Economy is now stable, govt must increase PAYE threshold to K8,000 – ZCTU
ZAMBIA Congress of Trade Unions (ZCTU) president Chishimba Nkole says government should consider increasing the Pay As You Earn threshold in the 2023 National Budget because the country’s economy is now stabilising. In an interview,... […]
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