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Business
25 Sep 2019
|
Natasha Sakala
Hiked electricity tariffs, power import may not reduce load shedding – Zesco
Zesco Limited acting managing director Webster Musonda says consumers should not expect a reduction in the number of load shedding hours despite the imminent importation of power worth 300MW from Eskom, South Africa And company […]
25 Sep 2019
|
Ulande Nkomesha
It’s ridiculous for Zambia to export maize to Congo which it doesn’t have – Kazabu
Former agriculture and livestock deputy minister Lackson Kazabu says it is ridiculous for Zambia to start exporting maize to neighboring Democratic Republic of Congo (DRC) when the country itself does not have sufficient stock. Agriculture […]
24 Sep 2019
|
Stuart Lisulo
Mineworkers union, local contractors hail Milingo for keeping KCM ‘afloat’
Konkola Copper Mines (KCM) Plc has continued to meet their financial obligations in a timely manner, even under the current difficult circumstances, says the Association of Mine Suppliers and Contractors. And Mines Union of Zambia […]
24 Sep 2019
|
Mirriam Chabala
Prof Saasa gives Ng’andu tips on 2020 budget
Economist Professor Oliver Saasa says Finance Minister Dr Bwalya Ng’andu must openly acknowledge that Zambia’s debt has now reached “unimaginable proportions” and outline how it will be dismantled in the 2020 national budget. And Prof […]
24 Sep 2019
|
Ulande Nkomesha
ZRA nabs truck smuggling Konyagi worth K730,000
The Zambia Revenue Authority (ZRA) has seized a truckload of Konyagi alcohol, which was deliberately misclassified as building materials with intent to defraud the State of K729,820. In a statement released, Monday, ZRA corporate communications […]
24 Sep 2019
|
Sipilisiwe Ncube
Don’t blame climate change for everything, the effects are partial – UNZA lecturer
UNZA lecturer Dr Mulenga Kabwe says the climate change currently being experienced in Zambia should not be blamed for putting the country in the dire situation, explaining that the effects are only partial. And Dr […]
24 Sep 2019
|
Natasha Sakala
Fuel prices go up
The government yesterday announced a five per cent fuel price hike effective midnight, with a litre of petrol now selling at K15.98 from K15.20. A liter of diesel will be sold at K14.23 from K13.43, […]
23 Sep 2019
|
Natasha Sakala
Govt hikes fuel prices
The government has announced a five per cent fuel price hike effective effective midnight today. Energy Regulation Board (ERB) executive director Langiwe Lungu stated that the pump price of diesel and petrol has gone up […]
23 Sep 2019
|
Stuart Lisulo
PWYP advises govt to invest windfall earnings into sovereign wealth funds
Publish What You Pay (PWYP) says it expects the 2020 national budget to explore strategies for investing windfall earnings into sovereign wealth funds as a key strategy to get Zambia out of its current fiscal […]
19 Sep 2019
|
Stuart Lisulo
20,000 mining jobs at risk due to sales tax, Chamber warns
Implementing the Goods and Services Tax (GST) risks resulting in the loss of over 20,000 indirect jobs in the mining sector if government insists on implementing it from January 2020, the Zambia Chamber of Mines […]
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