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Business
2 Sep 2022
|
Philip Chisalu
Kwacha breaks year-high K16/$ psychological barrier due to IMF bailout
ZANACO Bank has projected that the kwacha will continue to trade on a stronger side as the week winds down due to positive sentiments as a result of the IMF programme. And according to Bloomberg,... […]
1 Sep 2022
|
Philip Chisalu
Govt appoints technical working group to review Zamtel’s operations
MINISTER of Technology and Science Felix Mutati says government has appointed a technical working group under the auspices of the Public Private Dialogue Forum to review Zamtel’s operations. And Mutati has revealed that government has... […]
31 Aug 2022
|
Chamuka Shalubala
ERB reduces fuel prices
THE Energy Regulation Board (ERB) has reduced the prices of petroleum products by K1.65/litre for petrol, K1.75/litre for diesel and K1.72/litre for Kerosene for the month of September. Addressing the media, Wednesday, ERB vice board... […]
31 Aug 2022
|
Angela Muchinshi
AFDB reiterates commitment to supporting Zambia in realising effective power sector development
AFRICAN Development Bank (AFDB) chief economist Nathaniel Angola says the bank remains committed to supporting Zambia and its priority areas in realising the effective development of the power sector. Speaking during the signing of the... […]
31 Aug 2022
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Philip Chisalu
ERB will determine 17% tariff hike proposal – Govt
GOVERNMENT says the 17 percent adjustment in tariffs over the next five years, if need be, will be determined by the Energy Regulation Board. And government has accepted the COSS recommendation that ZESCO’s financial position... […]
31 Aug 2022
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Chamuka Shalubala
ZPPA DG laments suppliers’ low attendance at engagement meeting
ZAMBIA Public Procurement Authority (ZPPA) director general Idah Chella yesterday expressed disappointment at the low attendance of suppliers during an engagement with the authority. Addressing suppliers at Lusaka’s Mulungushi International Conference Centre, Tuesday Chella said... […]
30 Aug 2022
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Chamuka Shalubala
Cabinet has summoned community development ministry officials over K130,000 motorbikes, reveals ZPPA
ZAMBIA Public Procurement Authority (ZPPA) director general Idah Chella says the authority has taken interest in the contract awarded to Kafelix Investments Limited for the supply of 75 motorbikes at K130,000 each. The Ministry of... […]
30 Aug 2022
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Philip Chisalu
Don’t be anxious, farmers will get inputs before rains, assures Govt
AGRICULTURE Minister Mtolo Phiri has told farmers that government is optimistic that they will receive their inputs before the onset of rains despite the fertiliser tender process not being finalised yet. And Phiri has clarified... […]
29 Aug 2022
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Chamuka Shalubala
For the first time, we’ve seen IMF approving mass recruitments – Kanyama
ECONOMIST Chibamba Kanyama says for the first time, the International Monetary Fund (IMF) has been seen approving what they couldn’t ordinarily approve like the recent employment of over 40,000 civil servants. And Kanyama says because... […]
26 Aug 2022
|
Ulande Nkomesha
Inflation drops by 0.1 percent
THE annual rate inflation for August 2022 has dropped by 0.1 percent from 9.9 percent in July 2022 to 9.8 in August 2022. At a briefing, Thursday, Zambia Statistics Agency Interim Statistician General Mulenga Musepa... […]
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