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Business
24 May 2024
|
Mwenya Mofya
ZNS launches Eagles Holding Group of Companies
THE Zambia National Service (ZNS) has announced that it has registered eight subsidiary companies with the aim of engaging in profitable business ventures that would contribute to Zambia’s GDP. ZNS Commander, Lieutenant General Maliti Solochi,... […]
21 May 2024
|
Philip Chisalu
Zambia shouldn’t be having power outages; it has small industries – Prof Chirwa
UK-based Zambian engineer Professor Clive Chirwa says Zambia is not supposed to be experiencing load shedding given that it has minor industries. And Prof Chirwa says Zesco should be separated into different companies for generation,... […]
21 May 2024
|
Philip Chisalu
Zesco increases load-shedding to 12 hours
ZESCO has increased load-shedding hours from eight to 12 but utility spokesperson Matongo Maumbi says the 12-hour schedule is still a proposal which is pending approval. After routinely checking their new load shedding schedule on... […]
21 May 2024
|
Philip Chisalu
I don’t believe people blaming govt for projected drop in Zambia’s GDP – Musokotwane
FINANCE Minister Situmbeko Musokotwane says he does not believe people who suggest that the drop in the country’s projected economic growth is as a result of government’s failure. Recently, the International Monetary Fund (IMF) projected... […]
18 May 2024
|
Philip Chisalu
Mfuwe Airport will be closed for 3 months – ZACL
ZAMBIA Airports Corporation Limited (ZACL) Board Chairperson Zevyanji Sinkala has disclosed that Mfuwe International Airport (MIA) will be temporarily closed for three months to pave way for rehabilitation works. But Tourism Council of Zambia (TCZ)... […]
17 May 2024
|
Philip Chisalu
Subsidising electricity would kill Zesco – PAC
PAC president Andyford Banda says it would be ill advised for Zesco to subsidise electricity for consumers because that would kill the company. And Banda says the mining sector is not the only problematic area... […]
17 May 2024
|
Philip Chisalu
You can’t fully correct a fiscal problem with monetary instruments – Saasa
ECONOMIST Oliver Saasa says Zambia cannot correct its fiscal problem by only using the Central Bank’s monetary instrument. And Professor Saasa says the increase in the Monetary Policy Rate (MPR) was expected but his biggest... […]
17 May 2024
|
Mwiche Nalwimba
Vitol Energy withholding fuel is why we advocate for multiuse of pipeline – OMCAZ
OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says what is happening to the country now where Vitol Energy is withholding fuel stock is the reason his association advocates for multiuse of... […]
16 May 2024
|
Philip Chisalu
Musokotwane says Zambia doesn’t need a sinking fund to clear debt
FINANCE and National Planning Minister Situmbeko Musokotwane says despite the restructuring process under the G20 Common Framework dragging for over two years, the country must be proud that it attained the deal. And Dr Musokotwane... […]
16 May 2024
|
Mwiche Nalwimba
We have enough diesel in the country – ERB
THE Energy Regulation Board (ERB) has assured motorists that there are adequate diesel stocks available at Tazama Petroleum Products Limited, Ndola Fuel Terminal, for uplift by Oil Marketing Companies (OMCs). Meanwhile, the Ministry of Energy,... […]
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