THE World Bank has reclassified Zambia to low income status from lower middle income, for the 2023 financial year. The development comes after Zambia’s deterioration of Gross National Income (GNI) per capita estimates recorded in

ECONOMIST Professor Oliver Saasa says he is seeing a possibility of the UPND doing things a bit more efficiently in terms of transforming the economy, but it’s important to see how the commitments can be...

THE Jesuit Centre for Theological Reflection (JCTR) has called on government to come up with a pro-poor 2023 national budget. And JCTR says even if the speed at which prices are increasing is on the...

ZESCO Managing Director Victor Mapani says the newly signed Bulk Supply Agreement between the utility company and Copperbelt Energy Corporation (CEC) will enable the two parties to transact in a fairer manner. Addressing the media,...

THE Zambia Revenue Authority (ZRA) has announced that it has recorded an above-target revenue performance in the first half of this year after collecting a net tax outturn of K48,307.9 million against the period target...

LOCAL Government and Rural Development Minister Gary Nkombo says although mobile money booths are a source of livelihood, there is need to bring sanity in trading areas. And Nkombo says all the booths along Cairo...

COPPERBELT Energy Corporation Plc (CEC) is pondering a move reduce the amount of power it supplies to its customer, Mopani Copper Mines (MCM), owing to an electricity bill that is said to be in excess...

FORMER commerce minister Bob Sichinga has challenged the Zambia Statistics Agency and the Bank of Zambia to offer a plausible explanation regarding reduced inflation amid rising commodity prices, arguing that the figures being given are...

OIL Marketing Companies Association of Zambia president Dr Kafula Mubanga has advised government to consider introducing a Statutory Instrument (SI) which will entail bus fares are reviewed yearly, rather than on a monthly basis. On...

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says Zambians should be proud that the country has reached single digit inflation within half a year. And Dr Musokotwane says the increase in fuel prices will...