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Business
20 Feb 2019
|
Mirriam Chabala
Govt won’t entertain FQM’s offer to buy shares in Kansanshi – Musukwa
Mines Minister Richard Musukwa says government will not entertain First Quantum Minerals’ offer to buy off ZCCM-IH’s minority shareholding in Kansanshi Mining Plc. Earlier this month, reports emerged that FQM had offered to buy off […]
20 Feb 2019
|
Stuart Lisulo
Govt’s debt repayments rise to K2.5bn
Government’s debt servicing payments have climbed to an unprecedented K2.5 billion in January, 2019, the highest single disbursement for this specific obligation so far, according to Ministry of Finance data. And Minister of Finance Margaret […]
19 Feb 2019
|
Mirriam Chabala
Importation of GMOs an insult to farmers, manufacturers – Consumer Union
The Africa Consumer Union has asked Zambians to reject food containing Genetically Modified Organisms (GMOs) that is imported on the Zambian market by the government, warning of serious health implications. In a statement, ACU 1st […]
19 Feb 2019
|
Martin Musunka
Zambezi Portland Cement shareholding wrangle in new twist
The shareholding wrangle in the Zambezi Portland Cement (ZPC) saga has taken a different twist with the rejection of Phesto Musonda as interim joint chief executive officer by the Antonio Ventriglia management. Finsbury Investments Limited […]
19 Feb 2019
|
Thomas Mulenga
ZEMA extends grace period for shopping plastic bag usage
The Zambia Environmental Management Agency (ZEMA) has extended the grace period for usage of plastic carrier bags granted to selected chain stores that had applied for an extension in order to finish their old stocks. […]
19 Feb 2019
|
Zindikilani Banda in Sinda
Agro dealers plead with govt to release outstanding monies
Sinda agro dealers say government’s delayed payment to activate farming inputs through the electronic voucher system has contributed towards their failure to supply farmers on time. Speaking during a dialogue meeting between District Commissioner Paradious […]
18 Feb 2019
|
Sipilisiwe Ncube
Mundende reshuffles Zesco directors
Returning from local leave, Zesco managing director Victor Mundende has made staff reshuffles and appointments at various levels within the utility. The Zesco boss went on ‘local leave’ at the beginning of January 2018, leaving […]
18 Feb 2019
|
Zondiwe Mbewe
KCM hasn’t complied with business improvement plan – Musukwa
Mines Minister Richard Musukwa has revealed that Konkola Copper Mines (KCM) has failed to comply with a Business Improvement Plan it pledged to fulfil with government to address various operational challenges. And Musukwa says mines […]
18 Feb 2019
|
Milimo Namangala
Business activity in January remained subdued – Stanbic
The Zambian economy continued to be characterised by decreased business activity in January, 2019, mainly attributed to slow sales and lack of money in circulation, according to Stanbic Bank Zambia’s latest Purchasing Managers’ Index (PMI) […]
15 Feb 2019
|
Zondiwe Mbewe
2019 mining tax regime won’t lead to increased revenues – HH
UPND president Hakainde Hichilema says the 2019 mining fiscal regime needs to be revised because government will fail to raise their targeted revenues from a tax system that will prove burdensome on the sector. And […]
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