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Business
Zesco applied to Nkhuwa to declare CEC’s assets common carrier, reveals Mwila
ZESCO Limited has disclosed that it made an application to Energy Minister Mathew Nkhuwa to have Copperbelt Energy Corporation (CEC) Plc’s infrastructure declared common carrier because they were avoiding being blocked from supplying Konkola Copper […]
Nkhuwa contradicted himself on SI 57 – Kitwe Chamber
ENERGY Minister Mathew Nkhuwa contradicted himself when he said that all electricity transmission and distribution infrastructure in the country is Common Carrier after issuing Statutory Instrument Number 57 (SI 57) because he specifically targeted CEC, […]
China pledges to cancel interest on Zambia’s debt
CHINESE Ambassador to Zambia Li Jie says China will consider cancelling interest on Zambia’s debt to that country maturing by the end of 2020 as a way of cushioning the impact of Covid-19 on the […]
It’s concerning for KCC to send bailiffs over disputed debt that’s in court – Mopani
MOPANI Copper Mines Plc says the move by Kitwe City Council (KCC) to send bailiffs to pounce on the company over a disputed debt which is active in court is concerning. And union sources have […]
Enquiry into Zesco’s plans to regulate power consumption in customers’ household
ZESCO Limited has announced the rolling out of smart meters that will enable the power utility to regulate the usage of electricity by switching off certain appliances in customers’ households that exceed a given consumption […]
Lusaka Hotel employees in 7 months salary arrears
WORKERS at Lusaka Hotel have gone seven months without being paid. And Business Development Manager Chazya Sinkamba says the hotel has been experiencing a number of challenges since 2016. In an interview, workers who sought […]
Wina wrong about electricity consumption increasing due to COVID-19 – Milupi
ADD president Charles Milupi says it is ridiculous for Vice-President Inonge Wina to think that the “stay at home” recommendation has increased electricity consumption when power shortages have always been there before the disease outbreak. […]
ZIPAR attributes Zambia’s reduced inflation to low liquidity
ZAMBIA’S low liquidity levels in the economy have contributed to the declining annual rate of inflation in June, 2020, as the demand for goods on the market has reduced, says ZIPAR. In an interview, Zambia... […]
Empower Zambians to directly own shares in mining companies, Saasa urges govt
ECONOMIST Prof Oliver Saasa says it is better for local indigenous investors to be given an opportunity and incentives to procure shares in existing and new mines as opposed to government increasing its shareholding through […]
SI 57 dangerous to CEC’s survival, laments Silavwe
COPPERBELT Energy Corporation (CEC) Plc chief executive officer Owen Silavwe says Statutory Instrument No. 57 of 2020 was meant to facilitate continued service to a defaulting customer and allow Zesco Limited to have cheap access […]
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News Diggers! ePaper Edition 1716 Friday April 19, 2024
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