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Business
17 Feb 2020
|
Ulande Nkomesha
Zambia may not achieve Vision 2030 at the projected growth rates – ZTP
The Zambia Tax Platform ZTP says Finance Minister Dr Bwalya Ng’andu’s update on the country’s expected growth rates shows that Zambia will not achieve its 2030 vision. And the ZTP says Zambia’s economic outlook presented […]
15 Feb 2020
|
Ulande Nkomesha
IMF demand for debt sustainability is like having an umbrella after the rains – Ng’andu
Finance Minister Dr Bwalya Ng’andu says the country’s external debt has risen to $11.2 billion from the $10.23 billion as at end of December 2019. And Dr Ng’andu says the International Monetary Fund (IMF)’s demand […]
12 Feb 2020
|
Natasha Sakala
Vedanta must accept KCM loss, new investor coming to take over – Musukwa
MINES and Mineral Resources Minister Richard Musukwa says Vedanta must accept the loss of KCM and move on because he has already instructed Provisional Liquidator Milingo Lungu to quickly find an equity partner to take […]
12 Feb 2020
|
Ulande Nkomesha
We’re still consulting on 30 Ngwee internet calling tariff, says ZICTA
Zambia Information and Communications Technology Authority (ZICTA) Director General Patrick Mutimushi says the authority is still liaising with the line Ministry on the implementation of the 30 Ngwee charge on internet calls. And Mutimushi has […]
12 Feb 2020
|
Tenson Mkhala
We’ll consider doing away with loss making SOEs – Ng’andu
Finance Minister Dr Bwalya Nga’ndu says government will consider doing away with State Owned Enterprises that are in perpetual position of loss making and are not creating any value. Speaking when he received dividends from […]
12 Feb 2020
|
Natasha Sakala
Mopani refutes reports it that transferred procurement function to SA
Mopani Copper Mines has refuted reports that the company’s procurement function has been moved to South Africa. In a statement, Monday, MCM public relations manager Nebert Mulenga stated that the reports were fake as all […]
10 Feb 2020
|
Joseph Mwenda
Govt failing to target resources to key sectors for economic growth – Saasa
African countries such as Zambia are failing to grow their economies to fulfil their potential because governments are poorly targeting the available resources to key growth sectors, says economist Professor Oliver Saasa. Last week, African […]
10 Feb 2020
|
Natasha Sakala
The poor are rising against the rich due to inequality in Zambia – CARITAS
CARITAS Zambia executive director Eugene Kabilika says that government’s failure to reduce inequalities in the country is leading the poor to rise up against the rich, making society unsustainable. And Kabilika says there is need […]
6 Feb 2020
|
Natasha Sakala
SPAR announces Arcades outlet closure
SPAR Zambia limited country manager Ken Darby has announced the closure of SPAR Arcades owing to non-viability of the business. In a notice to suppliers, Darby stated that the Arcades store would close its doors […]
6 Feb 2020
|
Natasha Sakala
Coronavirus threatens trade between Zambia and China – ZACCI
The Zambia Association of Chambers of Commerce and Industry (ZACCI) says the continued spread of the deadly Coronavirus has the potential to reduce trade between Zambia and China given the increased suspension of travel modalities […]
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