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Business
25 Aug 2022
|
Philip Chisalu
We’re engaging Dangote to set up fertiliser plant in Zambia – Govt
MINISTER of Commerce, Trade and Industry Chipoka Mulenga has revealed that the government is engaging Dangote group of companies about setting up a fertilizer plant in Zambia. And Mulenga says Nitrogen Chemicals of Zambia (NCZ)... […]
23 Aug 2022
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Chamuka Shalubala
PF was also going to protect BoZ Governor’s tenure if there was time – Mvunga
FORMER Bank of Zambia Governor Christopher Mvunga says there is nothing new about signing legislation that will protect the Central Bank Governor and his deputies from being fired without valid reasons, arguing that PF was... […]
22 Aug 2022
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Philip Chisalu
PS denies corruption allegations in fertiliser procurement
MINISTRY of Agriculture permanent secretary Green Mbozi says he is ready to be investigated on allegations of engaging in corrupt practices leading to the listing of Alpha Commodities for the supply of fertiliser. The Ministry... […]
22 Aug 2022
|
Chamuka Shalubala
Kaluba explains IDC challenges, ‘questionable investments’ made during his reign
FORMER Industrial Development Corporation (IDC) Group Chief Executive Officer Mateyo Kaluba says the challenge with the President being the corporation’s board chair is that almost everything the institution does is seen using political lenses. And... […]
22 Aug 2022
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Chamuka Shalubala
Exchange rate not the only factor that affects our pricing – MultiChoice
MULTICHOICE Zambia says although the exchange rate plays a part in influencing the costs of providing services, it’s not the only factor that affects pricing of Pay TV services in the country. Ministry Information Media... […]
21 Aug 2022
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Philip Chisalu
Govt commissions $38m fuel depot in Chipata
GOVERNMENT has commissioned a 7.08 million-litre fuel depot in Chipata, Eastern Province, which was built at a total cost of $38 million. According to a statement shared on his Facebook page, Saturday, Energy Minister Peter... […]
19 Aug 2022
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Philip Chisalu
CCPC fines Levy Mwanawasa Medical University for failure to award degrees
THE Competition and Consumer Protection Commission (CCPC) has fined Levy Mwanawasa Medical University 0.5 percent of its annual turnover for failing to award degrees to clinical science students for the period 2016 to 2019. And... […]
18 Aug 2022
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Philip Chisalu
BoZ maintains monetary policy rate at 9%
BANK of Zambia governor Dr Denny Kalyalya says the Monetary Policy Rate has been maintained at 9 percent due to the sharp deceleration in inflation in the second quarter and lingering vulnerabilities in the financial... […]
17 Aug 2022
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Philip Chisalu
Reduction of lending rates by some banks excites BAZ
BANKERS Association of Zambia chairperson Mizinga Melu has attributed the reduction in lending rates by some banks to the positive downward trend in inflation, kwacha appreciation and the stable macro-economic environment. Standard Chartered Bank Zambia... […]
16 Aug 2022
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Chamuka Shalubala
Loan recoveries currently at 27 % – CEEC
CITIZENS Economic Empowerment Commission (CEEC) public relations and communications manager Michelo Mukata says the loan recovery rate has not been impressive and is currently sitting at 27 percent. And CEEC has unveiled seven empowerment products... […]
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