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Business
4 Sep 2019
|
Mirriam Chabala
Increased load shedding threatening Zambia’s fiscal outlook – CUTS
Consumer Unity and Trust Society (CUTS) centre coordinator Chenai Mukumba says the reduction in electricity supply could worsen Zambia’s fiscal outlook. Zesco recently announced an extension to the ongoing countrywide load-shedding due to its failure […]
3 Sep 2019
|
Natasha Sakala
Govt’s excessive borrowing has drained available funds for private sector – CTPD
Government’s continued borrowing from the domestic market has maintained limited funding available for the private sector, says the Centre for Trade Policy and Development (CTPD). And Chizonde has called on government to implement real austerity […]
3 Sep 2019
|
Stuart Lisulo
World Economic Forum kicks-off, sets corruption on agenda
The 2019 World Economic Forum (WEF) on Africa kicks-off this week in Cape Town, South Africa, with a rallying call to action to tackle corruption and create sustainable employment opportunities for Africa’s large and growing […]
3 Sep 2019
|
Diggers Reporter
Zambia has given us a good environment for business – Orca Deco
Orca Decor Managing Partner Rayan Sharara says Zambia has given his company a good environment for business, hence its expansion into the Copperbelt Province. And the Mayor of Kitwe Christopher Kang’ombe said the opening of […]
2 Sep 2019
|
Memory Chipili in Mkushi
Financial stress major contributor to rising work-related deaths – Mushanga
Central Province Minister Sydney Mushanga says financial stress remains a major contributor to occupational health challenges and work-related deaths. Speaking when he officially launched the “Agriculture Sector Vision Zero” global campaign, an initiative aimed at […]
2 Sep 2019
|
Natasha Sakala
Mealie meal prices defiant of govt interventions
Mealie meal prices have continued to soar to as high as K155 per 25Kg breakfast bag in Lusaka despite the announced measures by Agriculture Minister Michael Katambo over a week ago. Katambo had announced that […]
30 Aug 2019
|
Stuart Lisulo
Inflation jumps to 9.3%
The annual rate of inflation has leaped to 9.3 per cent in August, up from 8.8 per cent recorded in July, the highest on record since November, 2016, according to Central Statistical Office (CSO) data. […]
29 Aug 2019
|
Stuart Lisulo
Sales Tax will kill Zambia’s mining industry, warns Saasa
Renowned economist Professor Oliver Saasa says government’s determination to eventually implement the Goods and Services Tax (GST) on January 1, 2020, will eventually result in killing the mining sector because costs of production will drastically […]
29 Aug 2019
|
Stuart Lisulo
Zambian Breweries posts K193m profit
Zambian Breweries Plc has posted increased of profits after tax of K193 million in the half-year period ending June 30, 2019, partly triggered by increased sales in clear beer. And Zambian Breweries says that despite […]
28 Aug 2019
|
Mirriam Chabala
Zesco’s increased load-shedding will shut down small businesses – CUTS
Consumer Unity Trust Society (CUTS) centre coordinator Chenai Mukumba says Zesco’s erratic load-shedding schedule will force small-scale businesses to shut down owing to heightened costs of production. And Mukumba says Zesco must come up with […]
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