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Business
27 May 2022
|
Philip Chisalu
OMCAZ predicts 3% reduction in fuel pump price during May review
OIL Marketing Companies Association of Zambia president Dr Kafula Mubanga says his association anticipates a 3 percent reduction in the fuel pump price during this month’s price review. And Dr Mubanga has urged government to... […]
27 May 2022
|
Philip Chisalu
Inflation drops to 10.2%
THE annual inflation rate for May 2022 has reduced to 10.2 percent from the 11.5 percent recorded in April. And Zambia has recorded a trade surplus of K3.9 billion in April 2022 compared to the... […]
26 May 2022
|
Philip Chisalu
We’ll consider extending fuel subsidies beyond June – Kapala
ENERGY Minister Peter Kapala says government will consider extending tax waivers on fuel beyond the June 30 deadline if there will be need. And economist Bright Chizonde says the IMF was not being hypocritical by... […]
24 May 2022
|
Chamuka Shalubala
Financial discipline will help your business stay afloat, Tayali tells private aviation players
MINISTER of Transport and Logistics Frank Tayali has encouraged private players in the aviation sector to understand the business and have the financial discipline to help their companies stay afloat. And Tayali says government was... […]
23 May 2022
|
Philip Chisalu
Kabuswe confirms Anglo-American’s return to Zambia
MINES and Minerals Development Minister Paul Kabuswe has confirmed that Anglo American is coming back to Zambia through Arc Minerals. In an interview, Friday, Kabuswe said the firm would be conducting exploration in North-Western Province.... […]
18 May 2022
|
Charity Kauseni
SME Minister says political interference contributed to non-performing CEEC loans
MINISTER of Small and Medium Enterprises Development Elias Mubanga has admitted political interference in the issuance of citizens’ empowerment funds, disclosing that the human element to a larger extent contributed to the non-performing loans disbursed... […]
17 May 2022
|
Ulande Nkomesha
No tax concessions have been extended to FQM – Saasa
ECONOMIST Professor Oliver Saasa says no tax holidays have been given to First Quantum Minerals (FQM) because of the $1.35 billion investment which was announced last week. In an interview, Prof Saasa said there were... […]
17 May 2022
|
Philip Chisalu
Cost of living in Lusaka has reduced by K85 – JCTR
THE Jesuit Centre for Theological Reflection says the cost of living for a family of five in Lusaka in the month of April 2022 stood at K9,326.41, showing a decrease of K85.13 from the K9,411.50 […]
16 May 2022
|
Chamuka Shalubala
There’ll be no hike in ZESCO fees before cost of service study report is out – Kapala
ENERGY Minister Peter Kapala says there will be no increment in both electricity tariffs and connection fess before the cost of service study is finalised and implemented. In a statement, Sunday, Kapala however said this... […]
13 May 2022
|
Chamuka Shalubala
Growing competition in petroleum sub-sector will enhance quality – Mabumba
FORMER Energy Minister David Mabumba says the growing competition in the petroleum sub-sector will ensure the delivery of quality petroleum products. In an interview, Tuesday, Mabumba, however, said locals should also get involved in the […]
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