Business

4 Jul 2023 | Taonga Tembo

Zambia, Kenya form JIC to enhance tourism relations

ZAMBIA’S High Commission to Kenya Tourism Attaché’ Kaluwe Wasamunu says Zambia and that country have formed a Joint Implementation Committee (JIC) to oversee the execution of the Memorandum of Understanding (MoU) on cooperation in the... […]

4 Jul 2023 | Philip Chisalu

Plan A worked, brags Musokotwane

FINANCE Minister Situmbeko Musokotwane says he always used to be asked ‘what is Plan B if debt restructuring fails’, and government was criticised for only having Plan A, but it has worked. And Dr Musokotwane... […]

3 Jul 2023 | Philip Chisalu

Import cover has been above 3 months target – Musokotwane

FINANCE Minister Situmbeko Musokotwane has revealed that Zambia’s import cover has been above the target of at least three months under UPND. He said this in the National Assembly, Friday, in response to a question... […]

3 Jul 2023 | Philip Chisalu

Zambians lucky to have HH as President at this time – Chipoka

MINISTER of Commerce, Trade and Industry Chipoka Mulenga says Zambia is lucky to have President Hakainde Hichilema as Head of State at a time like this one. In an interview, Mulenga said the debt restructuring... […]

2 Jul 2023 | Philip Chisalu

WFP approves US$98m strategic plan for Zambia

THE World Food Programme has approved a US$98,463,341 country strategic plan for Zambia for the period 2023 to 2028. And Agriculture Minister Mtolo Phiri says the approval shows the WFP Board’s commitment towards supporting the... […]

2 Jul 2023 | Chamuka Shalubala

ERB maintains diesel, marginally hikes petrol prices

THE Energy Regulation Board (ERB) has announced an upward adjustment in the price of petrol by K0.48 per litre while low Sulphur diesel prices have been maintained at K21.87. ERB has also reduced the price... […]

30 Jun 2023 | Philip Chisalu

Mopani recorded K5bn loss in 2022, reveals ZCCM-IH

ZCCM-IH has revealed that in 2022, Mopani Copper Mines Plc recorded a loss of K5.08 billion (US$ 298.1 million) compared to K 1.46 billion (US$ 74.2 million) recorded in 2021. ZCCMH-IH says its performance at... […]

30 Jun 2023 | Philip Chisalu

Debt deal bad for those wishing to form govt – Nkulukusa

SECRETARY to the Treasury Felix Nkulukusa says the debt restructuring agreement is a bad thing for those in the opposition who probably wanted to have a chance of attaining office earlier than the election cycle... […]

30 Jun 2023 | Philip Chisalu

Delta Marimba, Tanzania’s Taifa Gas to set up $100m LPG power plant

ZAMBIAN consortium Delta Marimba Limited and Tanzania’s Taifa Gas Limited have partnered to set up a Liquefied Petroleum Gas (LPG) power plant which will generate up to 100 megawatts of firm power. Delta Marimba Limited... […]

30 Jun 2023 | Chamuka Shalubala

Debt restructuring deal likely to have positive impact on food basket- JCTR

JESUIT Centre for Theological Reflection (JCTR) Executive Director Fr Alex Muyebe says the debt restructuring deal is likely to have a positive impact on the food basket. Currently, the cost of living for a family... […]

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