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Business
6 Apr 2021
|
Natasha Sakala
PAZ explains high cost of meat products, scarcity of day old chicks
THE Poultry Association of Zambia says the sector has experienced an overwhelming demand for day old chicks which have now become scarce due to the disruption in the supply chain that was caused by the […]
5 Apr 2021
|
Julia Malunga
Ng’andu explains govt expenditure realignment
FINANCE Minister Dr Bwalya Ng’andu says government is not casual about the assurances that it makes on funding projects, but says some challenges forces his office to realign expenditure. And Home Affairs Minister Stephen Kampyongo […]
31 Mar 2021
|
Natasha Sakala
CCPC fines Lafarge, Mpande for price fixing
THE Competition and Consumer Protection Commission (CCPC) board of commissioners has fined Lafarge Zambia Plc and Mpande Limestone Limited 10 percent of their annual turnovers for the year 2019 and another 10 percent of their […]
31 Mar 2021
|
Natasha Sakala
Zambia unlikely to clinch IMF deal before elections – Hambayi
ECONOMIST Trevor Hambayi says Zambia is not likely to get on an International Monetary Fund (IMF) economic bailout programme before the August 12 general election as the outstanding issues will need more time to solve. […]
31 Mar 2021
|
Natasha Sakala
Personal loans increased in last quarter of 2020 to meet school fees – BoZ survey
THE banking sector recorded a huge increase in the demand for personal loans in the fourth quarter of 2020, partly triggered by a surge in requests to pay for tuition fees, according to a new […]
31 Mar 2021
|
Stuart Lisulo
KCM abrogating Electricity Act by refusing to pay us – CEC
KONKOLA Copper Mines Plc (KCM) is still receiving electricity from the Copperbelt Energy Corporation (CEC) without paying for the commodity, contrary to the Electricity Act, says CEC chief financial officer Mutale Mukuka. And Mukuka says […]
30 Mar 2021
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Stuart Lisulo
Beene takes over from Mateyo as Chamber of Mines president
THE Zambia Chamber of Mines has elected its new president, Dr Godwin Beene, the First Quantum Minerals (FQM) government relations specialist, taking over from Goodwell Mateyo. And Dr Beene, a former Ministry of Mines permanent... […]
29 Mar 2021
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Stuart Lisulo
West Indian bank buys 24% stake in Investrust
THE Bank of Nevis International Limited, a commercial bank operating on the West Indian island of St. Kitts and Nevis in the Caribbean, has bought a 24 per cent shareholding in Investrust Bank Plc, becoming […]
29 Mar 2021
|
Martin Musunka
Kalumbila inks K1, 000 pay rise deal with workers union
THREE miners’ unions have signed a Collective Bargaining Agreement (CBA) with Kalumbila Minerals Limited (KML) on behalf of more than 1,400 employees that will see unionised workers get an increased basic salary increment of K1,000 […]
29 Mar 2021
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Stuart Lisulo
KCM pays employees redundancy packages following mining company split
KONKOLA Copper Mines Plc has announced that the first instalment of staff redundancy packages due to employees who had crossed over to the newly-created SmeltorCo Limited and Konkola Mineral Resources Limited were paid on March […]
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