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Business
25 Jun 2020
|
Natasha Sakala
IMF, Zambia to virtually discuss economic programme
THE International Monetary Fund (IMF) has announced that the current staff team now has the mandate to discuss an economic programme with Zambia. According to a statement issued by Ministry of Finance spokesperson Chileshe Kandeta, […]
24 Jun 2020
|
Natasha Sakala
K8 billion COVID-19 bond will increase debt burden – Hambayi
FINANCIAL analyst Trevor Hambayi says government’s move to issue an K8 billion COVID-19 bond will only add to Zambia’s heavy debt burden without addressing the core needs of the private sector who still require much-needed […]
24 Jun 2020
|
Diggers Reporter
Govt cancels tax treaty with Mauritius
CABINET has approved the termination of the Avoidance of Double Taxation Agreement between the governments of Zambia and Mauritius and to commence negotiations of a new Agreement, which will introduce shared taxing rights and anti-abuse […]
24 Jun 2020
|
Natasha Sakala
Declaring all power lines common carriers meant to boost competition – Nkhuwa
MINISTER of Energy Mathew Nkhuwa says the recent regulatory and statutory changes make it clear that all transmission and distribution lines in the country are declared as Common Carrier to facilitate a move towards a […]
23 Jun 2020
|
Natasha Sakala
Govt to ban importation of mechanically deboned meat
MINISTER of Fisheries and Livestock Professor Nkandu Luo has announced that government will soon ban the importation of deboned meat because “it is not fit for human consumption.” And Prof Luo says Zambia will use […]
22 Jun 2020
|
Natasha Sakala
Take advantage of IMF talks to improve credit rating, Kanyama urges govt
TAKE advantage of the upcoming International Monetary Fund (IMF) consultation to elevate Zambia’s credit rating that is affecting yields on the Eurobond and worsening the foreign exchange rate, economist Chibamba Kanyama has advised the government. […]
20 Jun 2020
|
Stuart Lisulo
COVID-19 slashes mining revenues by 30%
MINING companies’ revenues in Zambia have drastically fallen by around 30 per cent over the three-month period, February-April 2020, mainly triggered by the deep impact the COVID-19 pandemic has had on slashing copper earnings. According […]
19 Jun 2020
|
Sipilisiwe Ncube
Nkhuwa hopes load shedding will end by December
ENERGY Minister Matthew Nkhuwa says he hopes that Zambia’s load shedding will be mitigated by end of December, 2020, mainly as a result of increased water levels at the Kariba Dam. And Nkhuwa has dismissed […]
18 Jun 2020
|
Natasha Sakala
Chitotela appoints new ZTA, Hostels board
MINISTER of Tourism and Arts Ronald Chitotela has appointed new boards for the Zambia Tourism Agency and the Hostels Board of Management. Board members for the Hostels Board management include Ministry Permanent Secretary Dr Auxilia […]
18 Jun 2020
|
Diggers Reporter
CEC not fighting for BSA – Bwalya
CEC has no special attachment to the Bulk Supply Agreement (BSA) and is not fighting for its reinstatement, says Copperbelt Energy Corporation Plc (CEC) Senior Manager – Account Management, Mulenga Bwalya. And Bwalya has asserted […]
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