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Business
20 Mar 2020
|
Julia Malunga
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 […]
20 Mar 2020
|
Mirriam Chabala
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 […]
20 Mar 2020
|
Stuart Lisulo
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 […]
20 Mar 2020
|
Julia Malunga
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 […]
19 Mar 2020
|
Ulande Nkomesha
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 […]
19 Mar 2020
|
Zondiwe Mbewe
Dipak drags Minister of Finance to court for contracting loans without parliament approval
FORMER Minister of Commerce, Trade and Industry Dipak Patel has petitioned the Constitutional Court over government’s failure to obtain prior approval from Parliament before contracting national debt. And Patel has written to the Minister of […]
19 Mar 2020
|
Mirriam Chabala
Huge debt serving triggering kwacha free-fall – Mutati
FORMER Finance Minister Felix Mutati says Zambia’s huge volume of debt serving has contributed to the kwacha’s rapid depreciation because it is harvesting a lot of foreign exchange from the market. The kwacha has sharply […]
19 Mar 2020
|
Mirriam Chabala
CBU lecturers down tools over February dues
LEARNING at the Copperbelt University (CBU) has been disrupted after lecturers at the institution downed tools, Monday afternoon, demanding payment of their delayed February salaries. Copperbelt University Academics Union (CBUAU) general secretary Willie Ngosa confirmed […]
18 Mar 2020
|
Stuart Lisulo
Madison Financial Services to inject K70m into MAMCo
THE Securities and Exchange Commission’s (SEC) temporary possession of Madison Asset Management Company (MAMCo) came as a result of its financial challenges, which emanated from exposure to companies that collapsed, LSA Group chairman Dr Lawrence […]
18 Mar 2020
|
Mirriam Chabala
Lungu should join coronavirus fight – Saasa
ECONOMIST Professor Oliver Saasa says it worrying to see Zambia handling the coronavirus pandemic outside the Presidency when it is a multi-faceted problem. And Professor Saasa says Vice-President Inonge was right when she attributed the […]
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Lsk residents cheer HH, as others boo him at Heroes stadium
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We are under extreme poverty, lower income tax in revised budget
HH appoints ex-VEEPS as presidential envoys
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You’ve been enjoying your fiancée, there will be no bride price refund, Court tells Lsk man
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Up close with Zesco chair, as he regrets misleading HH about load-shedding
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