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Business
22 May 2020
|
Natasha Sakala
Zambia may never get IMF programme, which is unfair – BoZÂ
ZAMBIA might not get on an International Monetary Fund (IMF) economic programme due to its unsustainable level of debt, says Bank of Zambia (BoZ) governor Dr Denny Kalyalya. And BoZ data has revealed that K1 […]
21 May 2020
|
Stuart Lisulo
Saasa takes over BCCET chairmanship
THE Business Coalition Council Emergency Taskforce (BCCET), a group of business interest groups focused on initiatives that will help minimize the COVID-19 pandemic impact in Zambia, has reconstituted its steering board of governors to be […]
20 May 2020
|
Mirriam Chabala
Ng’andu must seek debt write-offs – Mutati
FORMER Finance Minister Felix Mutati says the solution to Zambia’s debt crisis does not lie in deferment of debt service as suggested by the multi-laterals and the G-20, but a complete write-off of whatever the […]
19 May 2020
|
Julia Malunga
Farmers need clear COVID-19 guidelines ahead of 2020 marketing season – CTPD
GOVERNMENT should provide clear COVID-19 guidelines for the forthcoming 2020 crop marketing season in rural areas or else risk creating bigger social and economic problems, says the Centre for Trade Policy and Development (CTPD). In […]
19 May 2020
|
Natasha Sakala
KCM debt could drown CEC – Silavwe
Copperbelt Energy Corporation (CEC) says Konkola Copper Mines (KCM) should come up with a solution for liquidating its debt because it can drown the power utility’s business. Last week, KCM obtained an interim injunction blocking […]
18 May 2020
|
Daniel Chansa in Kitwe
Chibuluma to go on care and maintenance
METOREX Limited a company running Chibuluma Copper Mines has informed government of its intentions to place its operations on care and maintenance. Mines Minister Richard Musukwa confirmed this in Kitwe, but said Government would not […]
18 May 2020
|
Ulande Nkomesha
Nakonde border closure won’t affect fuel imports – Transporters
PETROLEUM Transporters Association of Zambia (PTAZ) general secretary Benson Tembo says the partial closure of Nakonde border will not affect transportation of petroleum into the country. In an interview, Tembo said the closure would not […]
17 May 2020
|
Natasha Sakala
We won’t allow KCM to flood, the mine needs help – Govt
MINISTRY of Mines permanent secretary Barnaby Mulenga says the liquidation of Konkola Copper Mines (KCM) needs to be expedited so that the company can start making profits than having huge liabilities it is currently sitting […]
14 May 2020
|
Stuart Lisulo
Zambeef, Chisamba Ranching sign K7.8m cattle supply contract
ZAMBEEF Products Plc says it has signed an agreement with Chisamba Ranching and Cropping Limited, a company its former joint-chief executive officer Francis Grogan holds a 50 per cent shareholding, to supply the former approximately […]
14 May 2020
|
Stuart Lisulo
Gold company starts processing project in Rufunsa
PHASE one of the Consolidated Gold Company Limited (CGCZ) gold processing project in Rufunsa District has commenced, which will see the establishment of 10 milling plants to produce an average of 7.5Kg of gold per […]
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