Business

4 Sep 2023 | Chamuka Shalubala

FRA to pay cash for delivered maize

FOOD Reserve Agency Board Chairperson Kelvin Hambwezya says the agency has with immediate effect started paying cash to farmers upon delivery of their maize. In a statement, Friday, Hambwezya said this would enable the agency... […]

4 Sep 2023 | Chamuka Shalubala

Signing of power deal with govt excites GreenCo

AFRICA GreenCo Group has announced the execution of an Implementation Agreement (IA) with government for the energy sector. The group notes that the implementation of the IA firms up the path for full implementation of... […]

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... […]