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Business
31 Mar 2022
|
Philip Chisalu
Zambian companies don’t have adequate capacity to meet pole demand – Zesco
ZESCO Limited Board Chairperson Vickson Ncube says the company opted to engage foreign firms for the supply of wooden poles because Zambian companies don’t have adequate capacity to meet the demand. ZESCO has shortlisted 10 […]
31 Mar 2022
|
Mwenya Mofya
We’re on an agenda to lower cost of capital for businesses – HH
PRESIDENT Hakainde Hichilema has urged the Trade and Development Bank (TDB) to involve local Zambian businesses in the supply chain of projects, as this will bring business opportunities and jobs to the people. And TDB […]
31 Mar 2022
|
Ulande Nkomesha
Kapala rules out reintroduction of fuel subsidies
ENERGY Minister Peter Kapala says whereas the government is not going back to subsidies, it plans to start buying oil products in bulk from June onwards in the face of increased international prices. In a […]
31 Mar 2022
|
Ulande Nkomesha
ZCCM-IH removes CEO Mabvuto Chipata
THE Board of ZCCM Investments Holdings Plc has announced that its CEO, Mabvuto Chipata, has separated from employment effective March 30, 2022. In a statement, Wednesday, company secretary Chabby Chabala said the separation was by […]
31 Mar 2022
|
Philip Chisalu
ERB shouldn’t hike fuel prices – OMCAZ
OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says his association hopes that fuel pump prices will either be maintained or reduced this month. In an interview, Dr Mubanga hoped that government […]
30 Mar 2022
|
Chamuka Shalubala
I’ll discuss possibility of re-introducing subsidies with Cabinet – Kapala
MINISTER of Energy Peter Kapala says reintroducing fuel subsidies can only be done depending on the situation. Commenting on former Energy Minister, David Mabumba’s remarks that the only way government could address the looming increment […]
29 Mar 2022
|
Philip Chisalu
Zambia must revert to majority ownership of mines – Sichinga
FORMER Commerce Minister Bob Sichinga says all natural resources must be controlled by the state, as long as they are not stealing. In an interview, Friday, Sichinga said Zambia should revert to majority ownership of […]
29 Mar 2022
|
Chamuka Shalubala
Govt will restrict number of active mining rights one can hold – Kabuswe
MINES and Minerals Development Minister Paul Kabuswe says government will soon issue an SI which will restrict the number of active mining rights one can hold at a given time, revealing that some people are […]
29 Mar 2022
|
Chamuka Shalubala
Addressing root causes of debt must be starting point of 8NDP – Envoy
GERMAN Ambassador to Zambia Anne Wagner-Mitchell says analysing and strategically addressing the root causes of Zambia’s debt, governance crisis and enduring poverty and inequality must be the starting point for the forthcoming 8th National Development […]
29 Mar 2022
|
Chamuka Shalubala
Govt must give account of where PF’s borrowed money went – Hambayi
ECONOMIST Trevor Hambayi says government should give an account of where the resources which the previous government borrowed went. And Hambayi says there is nothing wrong with President Hakainde Hichilema requesting the Kingdom of Saudi […]
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