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Business
15 Dec 2020
|
Stuart Lisulo
ZNBS profits soar to K27.3m
THE Zambia National Building Society (ZNBS) has posted a profit after tax of over K27.3 million during its financial year period ending March 31, 2020, mainly boosted by higher interest income According to its audited […]
14 Dec 2020
|
Natasha Sakala
Local production of more food and clothes is what will save our economy – Ng’andu
FINANCE Minister Dr Bwalya Ng’andu says long term sustainability of Zambia’s economy will only be derived from increased local production of food and clothing. During the Economics Association of Zambia (EAZ) annual gala dinner, Friday, […]
14 Dec 2020
|
Julia Malunga
We’ll settle Kazungula bridge project balance by year end – Mwale
HOUSING and Infrastructure Development Minister Vincent Mwale says a total of US$ 73,653,356.30 has been released towards the completion of the Kazungula bridge project with a balance of US$ 8,689,284.84 which will be paid before […]
9 Dec 2020
|
Natasha Sakala
25% of Zambian families sold assets to meet basic needs in Sept – FSD
A SURVEY by the Zambian Financial Sector Deepening Limited (FSD Zambia) has revealed that 25 per cent of Zambian families sold some assets to meet basic needs in September, an increase from 12 per cent […]
9 Dec 2020
|
Stuart Lisulo
We are assessing Zambia’s bailout request – IMF
THE International Monetary Fund (IMF) says it is currently assessing a request from the Zambian government for a bailout package expected to help with the country’s reform process. An IMF team that is visiting the […]
7 Dec 2020
|
Ulande Nkomesha
Mealie meal prices have drastically reduced in places where solar hammer mills are operational- Yaluma
COMMERCE, Trade and Industry Minister Christopher Yaluma says mealie meal prices have drastically reduced in districts where solar hammer mills are operational. Responding to a question from Kabompo UPND member of parliament Ambrose Lufuma who […]
4 Dec 2020
|
Stuart Lisulo
CEC declares 2.1 US cents dividend for 2020
THE Copperbelt Energy Corporation Plc has declared a dividend to its shareholders amounting to 2.1 US cents per share for the 2020 financial year following an improved financial performance during the second-half of this year. […]
4 Dec 2020
|
Stuart Lisulo
ERB rules out ‘fast-depleting’ Zesco prepaid metres
THE Energy Regulation Board (ERB) has announced that an investigation into the alleged unusual and unexplained depletion of electricity units on Zesco Limited’s prepaid metres have found nothing irregular as the devices meet the required […]
3 Dec 2020
|
Abraham Kalito
Debt default will hinder 2021 budget implementation – CTPD
THE Centre for Trade Policy and Development (CTDP) says it will be extremely challenging to implement Zambia’s 2021 national budget as the country will find it almost impossible to borrow funds to finance 43 per […]
1 Dec 2020
|
Abraham Kalito
Don’t over-tax citizens to pay debt, Nkhoma cautions govt
ECONOMIST Noel Nkhoma says government should seek other means of domestic resource mobilisation and resist the temptation of over-taxing citizens in a bid to settle the country’s huge debt. Following a sovereign debt default last […]
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