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Business
6 Jul 2020
|
Mirriam Chabala
China pledges to cancel interest on Zambia’s debt
CHINESE Ambassador to Zambia Li Jie says China will consider cancelling interest on Zambia’s debt to that country maturing by the end of 2020 as a way of cushioning the impact of Covid-19 on the […]
3 Jul 2020
|
Natasha Sakala
It’s concerning for KCC to send bailiffs over disputed debt that’s in court – Mopani
MOPANI Copper Mines Plc says the move by Kitwe City Council (KCC) to send bailiffs to pounce on the company over a disputed debt which is active in court is concerning. And union sources have […]
3 Jul 2020
|
Joseph Mwenda
Enquiry into Zesco’s plans to regulate power consumption in customers’ household
ZESCO Limited has announced the rolling out of smart meters that will enable the power utility to regulate the usage of electricity by switching off certain appliances in customers’ households that exceed a given consumption […]
1 Jul 2020
|
Julia Malunga
Lusaka Hotel employees in 7 months salary arrears
WORKERS at Lusaka Hotel have gone seven months without being paid. And Business Development Manager Chazya Sinkamba says the hotel has been experiencing a number of challenges since 2016. In an interview, workers who sought […]
1 Jul 2020
|
Sipilisiwe Ncube
Wina wrong about electricity consumption increasing due to COVID-19 – Milupi
ADD president Charles Milupi says it is ridiculous for Vice-President Inonge Wina to think that the “stay at home” recommendation has increased electricity consumption when power shortages have always been there before the disease outbreak. […]
1 Jul 2020
|
Natasha Sakala
ZIPAR attributes Zambia’s reduced inflation to low liquidity
ZAMBIA’S low liquidity levels in the economy have contributed to the declining annual rate of inflation in June, 2020, as the demand for goods on the market has reduced, says ZIPAR. In an interview, Zambia... […]
1 Jul 2020
|
Natasha Sakala
Empower Zambians to directly own shares in mining companies, Saasa urges govt
ECONOMIST Prof Oliver Saasa says it is better for local indigenous investors to be given an opportunity and incentives to procure shares in existing and new mines as opposed to government increasing its shareholding through […]
30 Jun 2020
|
Natasha Sakala
SI 57 dangerous to CEC’s survival, laments Silavwe
COPPERBELT Energy Corporation (CEC) Plc chief executive officer Owen Silavwe says Statutory Instrument No. 57 of 2020 was meant to facilitate continued service to a defaulting customer and allow Zesco Limited to have cheap access […]
29 Jun 2020
|
Natasha Sakala
Zambia records 72.2% rise in trade surplus
ZAMBIA recorded a K3,843.4 million trade surplus in May 2020, signifying a 72.2 percent increase from K2,231.6 million recorded in April 2020. According to the Zambia Statistics Agency monthly bulletin, interim statistician general Mulenga Musepa […]
29 Jun 2020
|
Natasha Sakala
Govt issues K5.2bn of COVID bond
SECRETARY to the Treasury Fredson Yamba has announced that K5.2 billion of the K8 billion COVID Bond has so far been issued through the Bank of Zambia. And Yamba has disclosed that the Ministry of […]
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