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Business
We’ve collected K100.6bn for the first time in history – ZRA
THE ZAMBIA Revenue Authority (ZRA) says it has collected K100.6 billion in taxes for the first time in history. On December 13, ZRA Commissioner General Dingani Banda had said the authority had recorded a K4.5... […]
Zesco connects Lundazi, Chama districts
ZESCO Limited has announced that it has successfully connected Lundazi and Chama Districts of Eastern Province to the national grid, for the first time since Zambia’s independence. The power utility company says the project has... […]
ZRA urges power utilities to utilise alternative sources of energy in 2024
THE Zambezi River Authority (ZRA) has announced that it has allocated 16 Billion Cubic Metres of water to be shared equally between Zesco and Kariba Hydro Power Company for power generation in 2024. And the... […]
Inflation closes 2023 at 13.1%
THE annual inflation rate for December 2023 has increased to 13.1 percent from the 12.9 percent recorded in November 2023. And the Zambia Statistics Agency (ZamStats) has revealed that between November 2023 and December 2023,... […]
ERB studying possibility of increasing fuel price review period
Energy Regulation Board (ERB) Director General Engineer Yohane Mukabe says the board is considering extending the fuel price review period from the current one month to three months. Mukabe also says government has planned to... […]
Economist projects rise in inflation
ECONOMIST Trevor Hambayi has projected an increase in the inflation rate for the month of December by at least one percent. And Hambayi says the US$187 million that Zambia is receiving from the IMF will... […]
Stable Kwacha key to sustaining stable fuel prices – Chikwanda
ENERGY Expert Johnstone Chikwanda says with investor issues around Mopani and KCM resolved, the country should expect improved production and dollar inflow which will ultimately contribute to stabilising the Kwacha. And Dr Chikwanda has advised... […]
Govt projects to absorb at least 60% of 2023 CDF by end of year
MINISTRY of Local Government and Rural Development Permanent Secretary for Technical Services Nicholas Phiri says government projects to carryover some funds from the 2023 CDF allocation into 2024. Phiri has however expressed hope that by... […]
We shouldn’t always depend on donor support, let’s do more ourselves – Nkhoma
ECONOMIST Noel Nkhoma says the support the country is receiving from the World Bank and other multilateral financing institutions confirms the credibility of the new dawn administration. But Nkhoma says the country should not always... […]
There’s no tangible progress yet on new DBZ – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government has not made any tangible progress yet on its plans to establish a new Development Financial Institution. In July this year, the Bank of Zambia... […]
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