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Business
14 Jul 2022
|
Chamuka Shalubala
Salaula traders will also have to move to create sanity – Govt
MINISTER of Small and Medium Enterprises Development Elias Mubanga says the new dawn government cares about its people, but citizens must also understand that there must be sanity in the country. In an interview, Mubanga... […]
13 Jul 2022
|
Philip Chisalu
We’re ensuring business continuity amid removal of booths – Airtel
AIRTEL Zambia says the company is working closely and collectively with the authorities and agents to ensure that business continues amid the relocation of mobile money booths. Government through the Ministry of Local Government and... […]
13 Jul 2022
|
Philip Chisalu
Tanzania-Zambia refined oils pipeline project will cost both countries $1.5bn – Kapala
ENERGY Minister Peter Kapala has disclosed that works on the new Tanzania-Zambia Refined Oils Pipeline project have begun with the building of the 700-kilometer segment on the Tanzanian side. And Kapala says the total project... […]
12 Jul 2022
|
Chamuka Shalubala
Salaries stagnant, that’s why people can’t feel impact of reduced inflation – Nkhoma
ECONOMIST Noel Nkhoma says the impact of reduced inflation has not been felt because people’s wages have not changed. And Nkhoma says Zambia’s reclassification to low income status by the World Bank will not affect... […]
12 Jul 2022
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Philip Chisalu
Our investments due to stability, govt’s clear intentions in mining sector – FQM
FIRST Quantum Minerals Limited chief executive officer Tristan Pascal says the recently announced investments by his company are because of assured stability due to government’s clear intentions in the mining sector. And FQM General Manager... […]
12 Jul 2022
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Chamuka Shalubala
We revised maize prices out of respect for farmers – FRA
FOOD Reserve Agency executive director Chola Kafwabulula says the agency has not revised the maize purchase price from K160 to K180 due to public pressure, but out of respect for farmers. Last week, FRA announced... […]
11 Jul 2022
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Chamuka Shalubala
Perhaps we’ve now been reduced to beggars following re-classification by World Bank – Magande
FORMER Finance Minister Ng’andu Magande says Zambia’s reclassification of income status by the World Bank could mean that perhaps the country has been reduced to a beggar. But Movement for Multiparty Democracy MMD president Never... […]
11 Jul 2022
|
Chamuka Shalubala
Kalyalya explains Kwacha appreciation
BANK of Zambia (BoZ) Governor Dr Denny Kalyalya has attributed the recent appreciation of the Kwacha to a higher inflow of foreign exchange from the mines as well lumpy demand, mainly for energy, during the... […]
11 Jul 2022
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Philip Chisalu
Govt justifies engaging 6 private firms to audit domestic debt
MINISTRY of Finance and National Planning permanent secretary Mukuli Chikuba says government can contract anyone to conduct independent audits in order to enhance its operations. And Bank of Zambia director economics Jonathan Chipili says Zambia’s... […]
11 Jul 2022
|
Chamuka Shalubala
Even if inflation was 0%, cost of living would remain high – ZSA
ZAMBIA Statistics Agency (ZSA) Interim Statistician General Mulenga Musepa says in order for the cost of living to reduce, something else needs to happen such as decent incomes for individuals. Speaking during the Economics Association... […]
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