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29 Jun 2020
|
Mirriam Chabala
ActionAid commends Govt for cancelling DTA with Mauritius
ACTIONAID Zambia has commended government for cancelling its Double Tax Agreement (DTA) with Mauritius, saying such treaties have been found unbalanced and a source of tax evasion by most multinational companies. A Double Tax Agreement […]
29 Jun 2020
|
Natasha Sakala
Resumption of IMF, Zambia talks a glimmer of hope – Kanyama
THE International Monetary Fund’s (IMF) announcement that it is discussing an economic programme with Zambia offers the country a glimmer of hope that will come with numerous benefits, says economist Chibamba Kanyama. And Kanyama says […]
28 Jun 2020
|
Natasha Sakala
Lusaka Mayor shuts down Chicago’s, Grandaddy’s
LUSAKA Mayor Miles Sampa, in collaboration with other council officials, has withdrawn trading and liquor licences and closed down Chicago’s Reloaded, Grandaddys Pub, Drill Beat Pub in Chilenje and MS Liquor at Chilenje for operating […]
27 Jun 2020
|
Natasha Sakala
Zesco to start remotely switching off appliances in customer’s homes
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 customer’s homes. And Zesco has announced that […]
26 Jun 2020
|
Natasha Sakala
Milingo lying, we never agreed to be paid after KCM sale – CEC
KONKOLA Copper Mines (KCM) Plc’s provisional liquidator Milingo Lungu’s claim that Copperbelt Energy Corporation (CEC) Plc agreed to have the mining company’s debt paid following a pending sale is misleading, says the power utility’s chief […]
26 Jun 2020
|
Natasha Sakala
K8bn COVID-19 bond may trigger short-term liquidity shortage – BAZ
THE Bankers’ Association of Zambia (BAZ) has welcomed the creation of the K8 billion COVID-19 bond, but has warned that it may cause liquidity challenges in the short-to-medium-term. And the Association says interest rates on […]
26 Jun 2020
|
Stuart Lisulo
Inflation slows to 15.9%
THE annual rate of inflation has decreased to 15.9 per cent in June, down from 16.6 per cent recorded in May, mainly triggered by price decreases in food items, according to the Zambia Statistics Agency […]
25 Jun 2020
|
Natasha Sakala
Mobile money transactions grew by 126% in 2019, notes BoZ
BANK of Zambia (BoZ) Governor Dr Denny Kalyalya says transactions via the mobile money wallet account platform have grown exponentially, posting an annual average growth of 126 per cent in value from K2.07 billion processed […]
25 Jun 2020
|
Natasha Sakala
Publish SI proving that Zesco’s power lines are also common carrier, Simumba challenges Nkhuwa
INTERNATIONAL Trade economist Trevor Simumba has challenged Energy Minister Mathew Nkhuwa to make public the Statutory Instrument by which he declared all transmission and distribution lines in the country, including Zesco’s, as Common Carrier. In […]
25 Jun 2020
|
Natasha Sakala
CEC had agreed to recover $144m debt after KCM sale – Milingo
KONKOLA Copper Mines (KCM) provisional liquidator Milingo Lungu says the mining company entered into an agreement with Copperbelt Energy Corporation (CEC) Plc that the US $144 million debt owed to the power utility would fully […]
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