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9 Sep 2020
|
Ulande Nkomesha
Address soaring cost of living in 2021 budget, JCTR urges govt
THE Jesuit Centre for Theological Reflection (JCTR) has called on the Ministry of Finance to ensure a pro-poor budget for 2021 is implemented to address the skyrocketing cost of living in Zambia And JCTR says […]
8 Sep 2020
|
Diggers Reporter
BoZ disbursements from Medium-Term Facility rise to K1.7bn
THE Bank of Zambia (BoZ) has so far disbursed nearly K1.75 billion out of the K10 billion Medium-Term Refinancing Facility, with Atlas Mara Bank receiving the highest amount of any financial institution of K533 million. […]
4 Sep 2020
|
Diggers Reporter
Ng’andu to unveil 2021 budget on September 25
FINANCE Minister Dr Bwalya Ng’andu is expected to deliver the 2021 national budget on September 25, 2020, following the just-ended budgetary consultative process. This is according to a statement issued by Ministry of Finance spokesperson […]
4 Sep 2020
|
Sipilisiwe Ncube
ZICTA fines all 3 mobile networks K5.4m for poor service
ZICTA has fined all three mobile network operators with K5.4 million for failure to provide quality service to its subscribers, with Airtel being the worst culprit and slapped with the highest fine of K4.8 million. […]
3 Sep 2020
|
Ulande Nkomesha
Govt can’t afford to buy Mopani – Milupi
GOVERNMENT’S intention to acquire 90 per cent shares in Mopani is a recipe for disaster because the mine will eventually go down the drain, says Alliance for Democracy and Development (ADD) president Charles Milupi. And […]
3 Sep 2020
|
Diggers Reporter
We’re still reviewing Zesco’s infrastructure, which could be considered common carrier – Ministry
THE Ministry of Energy says it is still reviewing all of Zesco Limited’s transmission infrastructure, which could be considered common carrier in line with the Statutory Instrument (SI) Number 57 of 2020. And the Ministry […]
2 Sep 2020
|
Ulande Nkomesha
Mopani take-over ill-advised, Saasa cautions govt
ECONOMIST Professor Oliver Saasa has cautioned government not to proceed with its intention to take over Mopani Copper Mines, saying the move could render the mining company commercially unviable due to possible excessive political interference. […]
31 Aug 2020
|
Ulande Nkomesha
Glencore will offload 90% Mopani shares to ZCCM-IH – Musukwa
MINES Minister Richard Musukwa says Glencore is planning to offload around 90 per cent of its collective shares in Mopani Copper Mines Plc to government through ZCCM-IH. And Musukwa says ZCCM-IH will galvanise resources to […]
28 Aug 2020
|
Diggers Reporter
Inflation slows to 15.5%
THE annual rate of inflation has marginally decreased to 15.5 per cent in August, down from 15.8 per cent recorded in July, mainly induced by price decreases in food items, according to the Zambia Statistics […]
27 Aug 2020
|
Ulande Nkomesha
Kalyalya dismissal will send far-reaching ripples beyond economy – CSOs
A CONSORTIUM of Civil Societies Organisations (CSOs) have predicted negative ripple effects to Zambia’s economy following the dismissal of Bank of Zambia (BoZ) governor Dr Denny Kalyaya. The CSOs which included ActionAid Zambia, Centre for... […]
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