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Business
9 Oct 2019
|
Natasha Sakala
Explosion at KCM sets fire to Cobalt Recovery Furnace, no fatalities recorded
An explosion at Konkola Copper Mines this morning set fire to the Cobalt Recovery Furnace, which is part of the Smelter, causing damage to property, although no casualties have been recorded. A source at KCM […]
9 Oct 2019
|
Julia Malunga
ZNFU backs govt’s maize export deal with DRC
Zambia National Farmers’ Union (ZNFU) media and public relations manager Calvin Kaleyi has backed government’s move to export maize to the Democratic Republic of Congo, describing it as a positive development. In an interview with […]
8 Oct 2019
|
Natasha Sakala
Govt lobbies IMF for resident rep to speed up bailout talks
The Ministry of Finance has said it is currently in talks with the International Monetary Fund (IMF) on the possibility of having a resident representative in the country soon to ease bailout talks with the […]
8 Oct 2019
|
Natasha Sakala
Allow mines to import power, urges Chamber
Government must allow mining companies to import their own power by issuing a required license to help cushion the country’s ongoing power deficit, says the Zambia Chamber of Mines. And the Chamber has expressed disappointment […]
8 Oct 2019
|
Stuart Lisulo
MTN appoints Hofker as new CEO, replacing van Dalsen
MTN Zambia have announced the appointment of its new chief executive officer Bart Hofker effective October 1, 2019, following former CEO Philip van Dalsen’s resignation in July, citing “personal reasons”. In a statement issued via […]
7 Oct 2019
|
Martin Musunka
Mopani in major reshuffles as Glencore shakes up operations
Glencore Plc, a British–Swiss multinational commodity trading and mining company, is massively restructuring its Zambian subsidiary, Mopani Copper Mines Plc, with the termination of acting chief executive officer John Chiwele’s employment contract. Glencore engaged Grit […]
4 Oct 2019
|
Sipilisiwe Ncube
Prof Saasa is just a hungry man masquerading as an economist, charges ZRA boss
Zambia Revenue Authority (ZRA) Commissioner General Kingsley Chanda says he is disappointed by Professor Oliver Saasa’s “petty stance” in his argument on the impact of Value Added Tax (VAT) refund to the economy. Earlier, Prof […]
4 Oct 2019
|
Natasha Sakala
2020 budget focussed on tax collection, not growth – CTPD
Centre for Trade Policy and Development (CTPD) executive director Isaac Mwaipopo has observed that the 2020 budget is focused more on tax collection as opposed to stimulating growth in the economy. And Mwaipopo says proposals […]
3 Oct 2019
|
Ulande Nkomesha
Chamber of Commerce bemoans fuel price hike, load shedding, Kwacha depreciation
Zambia Chamber of Commerce and Industry (ZACCL) says the business community is concerned with the numerous challenges being experienced in the national economy. In response to a press query, the chamber bemoaned the recent increase […]
3 Oct 2019
|
Natasha Sakala
Melu assures of no job losses as Barclays rebrands to Absa
Barclays Bank Zambia managing director Mizinga Melu says the bank is expected to complete the transition from Barclays to Absa by June 2020. And Melu has allayed fears that the bank will close down, saying […]
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News Diggers! ePaper Edition 1738 Tuesday May 21, 2024
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