GOVERNMENT’s takeover of Mopani Copper Mines and Konkola Copper Mines will not increase the mining companies’ copper productivity because the move is politically-motivated and will deter the much-needed fresh capital to expand operations, says UPND

KONKOLA Copper Mines Plc (KCM) now owes Copperbelt Energy Corporation (CEC) an outstanding US $155 million electricity bill, up from around US $150 million by the end of September last year. According to a market

THE International Monetary Fund says Zambia has made significant progress on addressing its macroeconomic challenges, but discussions on the country’s economic bailout package are expected to continue. And Finance Minister Dr Bwalya Ng’andu has reiterated

THE kwacha is expected to trade at around K22.50 per dollar by the end of the half-year period, mainly in response to continued strong demand for foreign currency, compounded by weak supply. According to a

Zambia Chamber of Commerce and Industry (ZACCI) president Chabuka Kawesha has challenged government to utilise space coordinates awarded to the country and consider space satellite launch. Commenting on ZICTA’s decision to award Beeline a license

COPPERBELT Energy Corporation (CEC) chief executive officer Owen Silavwe has hailed the High Court ruling overturning Energy Minister Mathew Nkhuwa’s declaration of its infrastructure as a common carrier, saying it would positively impact investor confidence

ADD president Charles Milupi has hailed the High Court ruling which quashed Energy Minister Matthew Nkhuwa’s decision to declare the Copperbelt Energy Corporation’s transmission and distribution lines as a common carrier, saying it sends a

THE annual rate of inflation has continued rising to hit 22.2 per cent in February, up from 21.5 per cent recorded last month, mainly induced by sustained price increases in food items, a near-five-year high,

ZAMBIA has recorded a huge increase in its copper production for 2020 to over 882,000 metric tonnes from 796,432 tonnes recorded in 2019, mainly triggered by record-breaking output from First Quantum Minerals’ (FQM) subsidiary companies,

THE Ministry of Finance must rise to the occasion and compliment the Bank of Zambia’s (BoZ) efforts in trying to stabilise and revive the economy because the central bank’s Monetary Policy tools have short-term effects,