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Business
12 Sep 2019
|
Mirriam Chabala
Kanyama asks Lungu to give economic hope in parley address
Economist Chibamba Kanyama says President Edgar Lungu must announce an effective strategy that convincingly shows all investors that the economy is in good hands as he opens the 4th Session of the 12th National Assembly […]
11 Sep 2019
|
Ulande Nkomesha
ZNFU backs power imports
The Zambia National Farmers Union of Zambia (ZNFU) has backed the decision by Zesco to start importing power from South Africa. In a statement, ZNFU president Jervis Zimba stated that the union was ready to […]
11 Sep 2019
|
Julia Malunga
It makes us sad that we can’t stick to load shedding schedule – Zesco
Zesco Limited spokesperson Henry Kapata says extended load shedding hours currently being experienced around the country are due to generation constraints. And Kapata has said the power utility is losing huge amounts of money from […]
10 Sep 2019
|
Stuart Lisulo
Katambo accuses mealie meal retailers of adding K50 mark-up per bag
Agriculture Minister Michael Katambo has accused private sector companies of taking advantage of Zambia’s drought conditions this year to hike mealie meal prices by adding abnormal mark-up prices of K50 per 25Kg breakfast bag. And […]
10 Sep 2019
|
Ulande Nkomesha
Power tariff hike will worsen cost of doing business, warns PAZ
Poultry Association of Zambia (PAZ) chairperson Veronica Machungwa says an increase in electricity tariffs will greatly push up the cost of living in the country. Last week, Zambia Association of Manufacturers (ZAM) vice president Chipego […]
10 Sep 2019
|
Stuart Lisulo
Mines hope 2020 budget will restore Zambia’s mining sector
The Zambia Chamber of Mines says it hopes that the forthcoming 2020 national budget will help restore the mining sector’s productivity and return Zambia to its previous position as one of the world’s leading copper […]
8 Sep 2019
|
Stuart Lisulo
KCM liquidation shrinks CEC’s cashflows, slashes profits
Copperbelt Energy Corporation (CEC) Plc has recorded a negative cash flow generated from its operating activities of nearly K34 million in its 2019 financial half-year, triggered by Konkola Copper Mines’ (KCM) Plc delayed or non-payment […]
7 Sep 2019
|
Stuart Lisulo in Cape Town, South Africa
Barclays Zambia to complete rebranding as Absa by June 2020 – Matlare
Barclays Bank Zambia is expected to complete its transition process to rebrand as Absa by June, 2020, says group deputy chief executive officer Peter Matlare. And Matlare has reiterated the group’s commitment towards investing in […]
5 Sep 2019
|
Natasha Sakala
ZAM proposes temporal electricity tariff hike
The Zambia Association of Manufacturers (ZAM) says Zesco should only consider a short term electricity tariff hike for the purpose of importing power to cushion the current power deficit. And ZAM vice-president Chipego Zulu says […]
4 Sep 2019
|
Natasha Sakala
Financial analyst proposes power tariff hike
A financial analyst has proposed an increase in electricity tariffs to cushion the current deficit that has seen power cuts of up to eight hours per day. Some parts of the country are experiencing load […]
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