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Business
Emirates’ flight suspension takes effect today
EMIRATES has suspended most of its passenger flights to various international destinations across the globe, including Lusaka, effective Wednesday, March 25. In a statement released, Sunday, the Dubai-based carrier announced its planned cancellations of passenger […]
Kwacha on a race to 18
THE kwacha has continued to lose ground against major convertibles on the foreign exchange market, trading at a low of between K17.30 and K17.64 for buying and selling respectively on interbank by midday yesterday. This […]
Multichoice explains movie rental fee hike
MULTICHOICE Zambia has hiked its DStv Box Office rental fees to K30 per movie from K19.50, effective April 15, 2020, triggered by the company’s desire to enable it keep delivering top-quality value-added service. According to […]
Govt still collecting Drought Insurance data for farmers who should benefit – Katambo
Agriculture Minister Michael Katambo says satellite data is currently being compiled to ascertain the number of farmers affected by floods and drought that could benefit from the Weather Index Insurance. The insurance scheme, operated by […]
BoZ raises money transfer limits to reduce cash transactions amid Covid-19 outbreak
The Bank of Zambia has removed transaction and balance limits on agents and corporate wallets and increased the limit for individuals in a bid to help reduce cash transactions in the wake of the Covid-19 […]
Unscrupulous traders increasing mealie meal prices – Katambo
AGRICULTURE Minister Michael Katambo says Zambia has enough maize and that the shortage in some parts of the country is being caused by unscrupulous traders who are buying mealie meal in bulk. But Civil Society […]
Govt insincere in attributing kwacha free-fall to COVID-19 – ActionAid
GOVERNMENT has been insincere in attributing the kwacha’s rapid depreciation to the Coronavirus outbreak because the local currency was already losing value before the disease was first reported in December 2019, says ActionAid Country Director […]
SAA scraps 162 flights in response to coronavirus
SOUTH African Airways (SAA) has scaled down capacity and grounded 162 flights in response to the low demand for air travel, triggered by the Coronavirus outbreak that has engulfed the globe. The effects of the […]
Chamber of Mines to review coronavirus contingency plans
ZAMBIA Chamber of Mines president Goodwell Mateyo says individual mining companies are urgently reviewing all available contingency plans to effectively deal with the Coronavirus outbreak. And Ministry of Mines Permanent Secretary Barnaby Mulenga says government […]
Govt mulls oil price dip implications on local fuel pricing
MINISTRY of Energy Permanent Secretary Trevor Kaunda says government is still analyzing whether or not any possible fuel price adjustments will be made in view of the fluctuating oil price on the international market, which […]
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