ECONOMIST Dr Grieve Chelwa has described the conditions attached to the IMF bailout package as heartless. And Dr Chelwa says the poor will be burdened by more taxes because one of the conditions is that...

IMF Resident Representative Preya Sharma says the outlook for Zambia is positive but much more still needs to be done. Meanwhile, Minister of Finance and National Planning Dr Situmbeko Musokotwane says government is doing everything...

THE cost of living for a family of five in Lusaka as measured by the Jesuit Centre for Theological Reflection (JCTR) Basic Needs and Nutrition Basket (BNNB) for the month of August has reduced by...

ENERGY Minister Peter Kapala says if the 17 percent electricity tariff hike proposal is approved, the increment will be gradual and spread over a period of five years. In a final Cost of Service of...

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...