SECRETARY to the Treasury Felix Nkulukusa says although Zambia will not repay the bullet payment on the Eurobond due this month, it is not defaulting because it is engaging official creditors on the way forward.... […]

ZESCO LTD says it will introduce a power surcharge to its customers’ monthly electricity purchase, effective October 1, 2022. In a notice to customers, ZESCO’s corporate affairs office stated that the development was not new... […]

MINISTER of Technology and Science Felix Mutati says Zambia is no longer in the Intensive Care Unit (ICU) having secured the $1.3 billion IMF bailout package. And Minister of Small and Medium Enterprises Development Elias... […]

ENERGY Minister Peter Kapala says the Rural Electrification Authority needs about $50 million to achieve at least 50 percent rural connectivity by 2030. In an interview, Kapala said the country would see a lot of... […]

MULTICHOICE Zambia has announced a price increment to its DStv Business subscription on Stay Packages, effective from October 1, 2022. The Stay Ultra package has been increased by K45 from K460 to K515, while the... […]

BANKERS Association of Zambia (BAZ) chairperson Mizinga Melu says it’s now the right time for the common man to venture into business in view of the Kwacha appreciation. And Melu says banks will gradually reduce... […]

ECONOMIST Dr Grieve Chelwa has described the conditions attached to the IMF bailout package as heartless. And Dr Chelwa says the poor will be burdened by more taxes because one of the conditions is that... […]

IMF Resident Representative Preya Sharma says the outlook for Zambia is positive but much more still needs to be done. Meanwhile, Minister of Finance and National Planning Dr Situmbeko Musokotwane says government is doing everything... […]

THE cost of living for a family of five in Lusaka as measured by the Jesuit Centre for Theological Reflection (JCTR) Basic Needs and Nutrition Basket (BNNB) for the month of August has reduced by... […]

ENERGY Minister Peter Kapala says if the 17 percent electricity tariff hike proposal is approved, the increment will be gradual and spread over a period of five years. In a final Cost of Service of... […]