MINISTRY of Finance permanent secretary for budget Mukuli Chikuba says government won’t repay the Eurobond which is due this month because it intends to restructure it. And Ministry of Finance director for Economic Management Mulele... […]

ZAMBIA Consumer Association (ZACA) Executive Secretary Juba Sakala has challenged local distributors and manufacturers to emulate Shoprite by effecting a reduction in prices following the gains recorded in the kwacha. In an interview, Tuesday, Sakala... […]

STARTECH Communication director Progress Kapula has accused ZICTA of sidelining Zambian companies from participating in the installation of 31 GMS communication towers through its attached requirements to the bid. In an advert placed in various... […]

SHOPRITE country general manager Charles Bota says the chain store has reduced prices of over 800 commodities as a pass-through effect of the Kwacha gains. In an interview, Bota said Shoprite had reduced prices on... […]

FINANCE and National Planning Minister Dr Situmbeko Musokotwane has described the conditionalities which the International Monetary Fund attached to the $1.3bn bailout package as “sweet”, saying citizens will see for themselves once the full agreement... […]

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says there will be no job freeze with the clinching of an IMF bailout package, arguing that the Fund actually approved the recent employment of over 40,000... […]

ENERGY Minister Peter Kapala says at some point, all subsidies on petroleum products will be removed because at the moment, government is not earning any money from fuel importation. In an interview, Kapala said government... […]

ROAD Transport and Safety Agency (RTSA) acting Chief Executive Officer Eng Alinani Msisya says the new RTSA Act of 2022 provides for a reduced but effective board of directors. At a media briefing on the... […]

ENERGY Minister Peter Kapala says government has released over K500 million as a redundancy package for the 320 workers of Indeni oil refinery. In a statement, Thursday, Kapala said the workers who were declared redundant... […]

ZANACO Bank has projected that the kwacha will continue to trade on a stronger side as the week winds down due to positive sentiments as a result of the IMF programme. And according to Bloomberg,... […]