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Business
Govt isn’t mopping up unutilised CDF money – HamaunduÂ
MINISTRY of Local Government and Rural Development Permanent Secretary Maambo Hamaundu says the 2023 Constituency Development Funds (CDF) that were not utilised have not bent sent back to the central government. Hamaundu says standard procedure... […]
Govt should increase its stakes in mines for citizens to benefit – Kang’ombe
KAMFINSA PF MP Christopher Kang’ombe says apart from the taxes that government gets, there is need to increase shareholding in all mines across the country in order realise meaningful benefits. In an interview, Thursday, Kang’ombe... […]
Increased SRR will constrain access to capital, slowdown economic activities – CTPD
THE Centre for Trade Policy and Development (CTPD) has expressed concern over the measures that government is implementing to ensure price stability such as the recent adjustment in the Statutory Reserve Ratio (SSR). CTPD Public... […]
ZICTA fines Airtel for poor service
THE Zambia Information and Communications Technology Authority (ZICTA) has fined Airtel Networks Zambia Plc for the outages experienced on the network recently that affected its subscriber base. ZICTA says the service provider has been fined... […]
Zambian Airports hit historic peak of over 2 million passengers in 2023
ZAMBIA Airports Corporation Limited (ZACL) has announced that it recorded over two million general passengers in the year 2023. And ZACL says the increase in fuel prices in 2023 negatively affected the aviation sector in... […]
There’s a lot of appetite to invest in Zambia despite delayed debt restructuring – Kabuswe
MINES and Minerals Development Minister Paul Kabuswe says despite the impacts of the delayed debt restructuring process on the economy, there is overwhelming appetite to invest in Zambia. Speaking to CNBC Africa at the Mining... […]
Chinese govt will invest over $1bn in revitalisation of TAZARA – Envoy
CHINESE Ambassador to Zambia DU Xiaohui has disclosed that his government will invest over US$1 billion in the revitalisation of TAZARA using the PPP model. And Ambassador Xiaohui has expressed hope that real progress will... […]
NRFA fires board chair, CEO
NATIONAL Road Fund Agency Board Chairperson Avet Hamuwele and CEO Wallece Mumba have been dismissed from their positions. Finance and National Planning Minister Dr Situmbeko Musokotwane has confirmed the pair’s departure from the Agency, but... […]
We want to make KCM a world class mine – Vedanta
VEDANTA Resources Limited Corporate Communications Director Masuzyo Ndhlovu says the company wants to make Konkola Copper Mine a world class mine. And Ndhlovu says the company was awaiting the final phase of the deal to... […]
There’s liquidity in the economy, that’s why Kwacha is under pressure – Nkhoma
ECONOMIST Noel Nkhoma says the excess liquidity in the economy is what is putting the Kwacha under pressure against major currencies like the US dollar. Nkhoma says the recent interventions by the Bank of Zambia... […]
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