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31 Jan 2022
|
Ulande Nkomesha
ERB reduces fuel prices
THE Energy Regulation Board (ERB) has reduced the pump price of fuel after conducting its first monthly price review. In a statement, Monday, ERB stated that the price of petroleum products had been reduced by […]
31 Jan 2022
|
Philip Chisalu
Drop in inflation will trigger FDI – Kanyama
ECONOMIST Chibamba Kanyama has projected increased portfolio investments as well as foreign direct investment in the country as inflation continues to drop. And Kanyama says the monthly fuel price reviews proposed by the Energy Regulation […]
28 Jan 2022
|
Ulande Nkomesha
Inflation drops to 15.1 percent
THE annual inflation rate for January 2022 has dropped to 15.1 percent from 16.4 percent recorded in December last year. Speaking during a media briefing, Thursday, Zambia Statistics Agency interim statistician general Mulenga Musepa said […]
27 Jan 2022
|
Ulande Nkomesha
ERB promises transparency in fuel pricing
ENERGY Regulation Board board chairperson Reynolds Bowa says the board’s decision to commence reviewing fuel prices monthly is meant to promote transparency in process. In an interview, Bowa said not holding monthly price reviews had […]
24 Jan 2022
|
Mwenya Mofya
We expect exchange rate to stop acting like yoyo soon – Musokotwane
FINANCE Minister Dr Situmbeko Musokotwane says government expects to have a full agreement with the International Monetary Fund (IMF) sometime in the middle of this year. And Technology and Science Minister Felix Mutati says government […]
20 Jan 2022
|
Ulande Nkomesha
We don’t owe any farmer – FRA
FOOD Reserve Agency executive director Chola Kafwabulula says the Agency has cleared all its debt to farmers. In a statement, Wednesday, Kafwabulula said the total quantity of maize which the Agency purchased in the last […]
20 Jan 2022
|
Mwenya Mofya
ZESCO, CEC commence negotiations for new power supply agreement
ZESCO Limited and Copperbelt Energy Corporation Plc (CEC) say they have commenced negotiations for new arrangements for power supply and provision of transmission services between the power networks. In a joint statement, Wednesday, ZESCO Managing […]
19 Jan 2022
|
Philip Chisalu
Hambayi hopes new loans, grants bill addresses over brorrowing
Economist Trevor Hambayi says he hopes the proposed Loans and Grants Amendment Act will address issues of over borrowing. And Hambayi says Zambia needs to start creating value from platforms like the ongoing Dubai expo. […]
19 Jan 2022
|
Ulande Nkomesha
Govt bureaucrats tried to asset strip Zesco, reveals Mbita
FORMER Zesco board chairperson Mbita Chitala says there was an attempt by various government bureaucrats to asset strip Zesco Limited. In his book, entitled “CORPORATE CAPTURE: THE POLITICAL ECONOMY OF ELECTRICITY MANAGEMENT IN ZAMBIA”, Chitala […]
17 Jan 2022
|
Ulande Nkomesha
My relationship with IDC was unpalatable because I resisted their illegal instructions – Mbita
FORMER Zesco board chairperson Mbita Chitala says he did not allow Zesco to be used as a source of illicit funds meant to pay for Industrial Development Corporation’s bloated salaries. In his book, entitled “CORPORATE […]
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