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Business
13 Sep 2022
|
Philip Chisalu
We won’t build local entrepreneurs if we treat them with kids’ gloves – Govt
TECHNOLOGY and Science Minister Felix Mutati says the new dawn government wants to create capacity among Zambian firms by allowing them to compete, arguing that if they are treated with kids’ gloves, local entrepreneurs can’t... […]
13 Sep 2022
|
Philip Chisalu
We won’t repay Eurobond this month, but we’ re not defaulting – Nkulukusa
SECRETARY to the Treasury Felix Nkulukusa says although Zambia will not repay the bullet payment on the Eurobond due this month, it is not defaulting because it is engaging official creditors on the way forward.... […]
12 Sep 2022
|
Chamuka Shalubala
Zesco introduces power surcharge
ZESCO LTD says it will introduce a power surcharge to its customers’ monthly electricity purchase, effective October 1, 2022. In a notice to customers, ZESCO’s corporate affairs office stated that the development was not new... […]
12 Sep 2022
|
Philip Chisalu
IMF has bailed us out of ICU – Mutati
MINISTER of Technology and Science Felix Mutati says Zambia is no longer in the Intensive Care Unit (ICU) having secured the $1.3 billion IMF bailout package. And Minister of Small and Medium Enterprises Development Elias... […]
12 Sep 2022
|
Ulande Nkomesha
REA needs $50m to electrify half the country by 2030 – Kapala
ENERGY Minister Peter Kapala says the Rural Electrification Authority needs about $50 million to achieve at least 50 percent rural connectivity by 2030. In an interview, Kapala said the country would see a lot of... […]
9 Sep 2022
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Chamuka Shalubala
MultiChoice increases subscription fees for Dstv stay packages
MULTICHOICE Zambia has announced a price increment to its DStv Business subscription on Stay Packages, effective from October 1, 2022. The Stay Ultra package has been increased by K45 from K460 to K515, while the... […]
9 Sep 2022
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Chamuka Shalubala
It’s time to venture into business following Kwacha appreciation – Melu
BANKERS Association of Zambia (BAZ) chairperson Mizinga Melu says it’s now the right time for the common man to venture into business in view of the Kwacha appreciation. And Melu says banks will gradually reduce... […]
9 Sep 2022
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Chamuka Shalubala
IMF reforms will hurt the poor, middle class – Chelwa
ECONOMIST Dr Grieve Chelwa has described the conditions attached to the IMF bailout package as heartless. And Dr Chelwa says the poor will be burdened by more taxes because one of the conditions is that... […]
9 Sep 2022
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Chamuka Shalubala
It’s crucial for govt to continue fighting corruption – IMF
IMF Resident Representative Preya Sharma says the outlook for Zambia is positive but much more still needs to be done. Meanwhile, Minister of Finance and National Planning Dr Situmbeko Musokotwane says government is doing everything... […]
9 Sep 2022
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Philip Chisalu
Cost of living for family of 5 in Lsk drops by K254.96
THE cost of living for a family of five in Lusaka as measured by the Jesuit Centre for Theological Reflection (JCTR) Basic Needs and Nutrition Basket (BNNB) for the month of August has reduced by... […]
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