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Business
15 Apr 2022
|
Chamuka Shalubala
We’ll start giving out empowerment funds by May – Mubanga
MINISTER of Small and Medium Enterprises Elias Mubanga says his ministry will start giving out empowerment funds between May and June this year. In an interview, Thursday, Mubanga said consultations were ongoing with relevant stakeholders […]
14 Apr 2022
|
Philip Chisalu
We inherited a mining sector that’s in court, laments Kabuswe
MINES and Minerals Development Minister Paul Kabuswe has lamented that the UPND administration inherited a mining sector which is in court and it cannot develop like that. And Kabuswe described some investors as notorious, saying […]
14 Apr 2022
|
Ulande Nkomesha
OMCs predict fuel will hit K35 by June
OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says the association projects the price of fuel to reach K35 per litre in the next two months if government goes ahead to remove […]
13 Apr 2022
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Chamuka Shalubala
Well-funded projects mostly go to foreign contractors, laments NCC
NATIONAL Council for Construction executive director Ernest Nshindano says the perception that Zambian contractors fail to deliver on projects is as a result of the poorly funded projects awarded to them in most cases. In […]
13 Apr 2022
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Philip Chisalu
Govt hasn’t shown balance in handling economic powers – Sichinga
FORMER commerce minister Bob Sichinga says China’s decision to freeze funding towards the Kafue Gorge Power Project is a reflection of that country’s resistance to Zambia’s debt restructuring programme. And Sichinga observes that the manner […]
13 Apr 2022
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Philip Chisalu
Zesco to export additional 80 megawatts to Namibia
ZESCO Limited Managing Director Victor Mapani says the utility company has embarked on an ambitious programme to position itself as a major power trading utility in the sub-region and beyond. Meanwhile, Zesco has signed another […]
13 Apr 2022
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Chamuka Shalubala
Family of 5 needs K9, 411 per month to survive in Lusaka – JCTR
JESUIT Centre for Theological Reflection (JCTR) executive director Father Alex Muyebe says the cost of living will keep going up as long as fuel pump prices continue to be adjusted upwards. The cost of living […]
12 Apr 2022
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Chamuka Shalubala
China being strategic in Zambia’s debt restructuring programme – Chibamba
ECONOMIST Chibamba Kanyama says China is taking advantage of the country’s debt situation to renegotiate its own relationship with Zambia. Last week, UK Minister for Africa Vicky Ford revealed that there was one international creditor […]
12 Apr 2022
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Ulande Nkomesha
We’ll remove all subsidies on fuel in June – Kapala
ENERGY Minister Peter Kapala says government will remove all subsidies on fuel by the end of June. Recently, Finance and National Planning Minister Dr Situmbeko Musokotwane said government was already subsidising the price of fuel […]
12 Apr 2022
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Philip Chisalu
Ncube reveals Exim Bank of China has frozen $2bn funding to Kafue Gorge Power plant
ZESCO Limited Board Chairperson Vickson Ncube has revealed that Exim Bank of China has frozen the $2 billion funding towards the construction of the Kafue Gorge Power plant. And former Finance Minister Ng’andu Magande says […]
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