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Business
8 Nov 2021
|
Julia Malunga
Mvunga defends BoZ independence under PF
FORMER Bank of Zambia (BoZ) governor Christopher Mvunga says he took serious measures to protect the independence of the Central Bank when he was appointed. And Mvunga says while he did see huge withdrawals towards […]
8 Nov 2021
|
Ulande Nkomesha
We’ll lower cost of construction, insists Milupi
INFRASTRUCTURE, Housing and Urban Development Minister Charles Milupi says the PF administration was giving out contracts without assessing whether resources were available. Speaking when he launched the National Association for Medium and Small Scale Contractors […]
8 Nov 2021
|
Hastings Nasilele
National Breweries laments proposed increment on opaque beer excise duty
National Breweries managing director Martin Makomva says government’s proposal to increase the specific excise duty on opaque beer will kill the traditional beer industry. In its 2022 budget, government has proposed to increase the specific […]
8 Nov 2021
|
Natasha Sakala
Zesco explains power outages
ZESCO Limited says the countrywide blackout that took place on Saturday morning was due to an unknown fault which forced the company to reboot its entire system in order to restore stability. And the company […]
5 Nov 2021
|
Ulande Nkomesha
We’ll work towards single digit inflation – Kalyalya
BANK of Zambia (BoZ) Governor Dr Denny Kalyalya says the country has to increase its production capacity in order to reduce the inflation rate to a single digit. The annual rate of inflation for the […]
5 Nov 2021
|
Mwenya Mofya
Lands PS apologises for contracting failed ZILMIS
LANDS and Natural Resources Permanent Secretary Ndashe Yumba has apologised for contracting the Zambia Integrated Lands Management Information System (ZILMIS) at a huge cost when it has not delivered to the expectations of the people. […]
5 Nov 2021
|
Julia Malunga
We owe transporters huge arrears – Phiri
AGRICULTURE Minister Reuben Phiri says government will not engage local transporters to distribute farming inputs in the 2021/2022 agricultural season because it owes them huge arrears. Rendering a ministerial statement in Parliament, Wednesday, Phiri said […]
5 Nov 2021
|
Julia Malunga
My hands are tied commenting on Zambia Airways since HH is IDC board chairman -Tayali
MINISTER of Transport and Logistics Frank Tayali says his hands are tied and it is difficult for him to comment on what is happening at Zambian Airways because the company operates under the Industrial Development... […]
4 Nov 2021
|
Julia Malunga
Investigation into Zambia Airways: How government spent K80m on flightless airline
A NEWS Diggers investigation has revealed that the Zambian government has so far spent more than US$4.5 million (about K80 million) on Zambia Airways, before the national airline takes off, while Ethiopian Airlines has yet... […]
4 Nov 2021
|
Julia Malunga
BOZ’s independence was certainly compromised under PF – Fundanga
FORMER Bank of Zambia (Boz) governor Dr Caleb Fundanga says PF did not want Dr Denny Kalyalya because he always advised them on the need for fiscal discipline. Commenting on Dr Kalyaya’s recent remarks that […]
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