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Business
15 Apr 2019
|
Sipilisiwe Ncube
CSPR urges govt to stop exploiting farmers
Civil Society for Poverty Reduction (CSPR) executive director Patrick Nshindano says government is exploiting poor Zambians by re-selling a 50Kg bag of maize to communities at K111 given that the commodity was procured at K70. […]
15 Apr 2019
|
Stuart Lisulo
World Bank picks Zambia to pilot human capital project
The World Bank has picked Zambia to become one of the pilot locations for the human capital project, an initiative aimed at scaling-up access to quality education, health, and skills development. In a statement availed […]
15 Apr 2019
|
Stuart Lisulo
Kwacha tumbles on World Bank growth downgrade
The kwacha depreciated sharply against major currency convertibles to sink to at least K12.41 per dollar after the World Bank’s depressed real GDP growth forecast put Zambia at 3.3 per cent this year. According to […]
15 Apr 2019
|
Stuart Lisulo
CEC Africa posts K3 billion loss
CEC Africa, a subsidiary of the Zambia Energy Corporation Limited (ZECL), has posted losses after tax of over K3 billion during its financial year ending December 31, 2018, triggered by non-cost reflective tariffs sustained in […]
15 Apr 2019
|
Stuart Lisulo
It’s now much harder to steal public funds, says Mwanakatwe
It has now become much harder to steal public funds in Zambia, says Finance Minister Margaret Mwanakatwe. And Mwanakatwe says she is not worried about Zambia’s declining international gross reserves because mitigating measures are being […]
12 Apr 2019
|
Stuart Lisulo
73% of Digital Financial Services accounts dormant, notes UNCDF
Around 73 per cent of registered Digital Financial Services (DFS) accounts in Zambia remain inactive despite a huge growth in the number of registered accounts, new data shows. But Bank of Zambia (BoZ) deputy governor […]
11 Apr 2019
|
Martin Musunka
Mopani resumes operations after underground safety audit
Mopani Copper Mines Plc has with immediate effect resumed operations at its Nkana and Mufulira mine sites following an intensive safety audit of underground operations. Mopani Copper Mines Plc public relations manager Nebert Mulenga confirmed […]
11 Apr 2019
|
Stuart Lisulo
Drought has driven mealie meal prices higher – IAPRI
Mealie meal price increases have been driven by Zambia’s drought-hit areas, which has limited supply of maize grain on the market, says the Indaba Agricultural Policy Research Institute (IAPRI). And IAPRI have noted that the […]
10 Apr 2019
|
Sipilisiwe Ncube
PF thuggery in station forces Capital Buses to ponder shutdown
Capital Buses company proprietor Ishmael Kankara says he will have no choice but to close down his company if the illegal mushrooming of bus stations in Lusaka’s Central Business District (CBD) remains unchecked. But Home […]
10 Apr 2019
|
Stuart Lisulo
Zambia’s GDP growth to drop to 3.3% in 2019 – World Bank
The World Bank says Zambia’s real GDP growth projection for 2019 is likely to be at 3.3 per cent, down from 3.5 per cent last year, triggered by the country’s mounting debt. And the International […]
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