PRESIDENT Hakainde Hichilema has encouraged Toyota Motors Corporation to capitalise on Zambia’s favourable investment climate, abundant natural resources and mineral wealth by investing in value-addition ventures that support their manufacturing supply chain. In a statement,... […]

ENERGY Minister Makozo Chikote says the country is importing about 550 megawatts while only exporting 80 megawatts of electricity. Speaking when he featured on Diamond TV, Monday, Chikote said the imports were coming from the... […]

ZICTA has directed Airtel Networks Zambia to compensate all consumers affected during Sunday’s data outage, with an estimated total compensation value of K4,000,000. In a statement, Tuesday, ZICTA Corporate Communications Manager Hanford Chaaba stated that... […]

ECONOMIST Trevor says the 2025 tax budget changes are not conducive for small business. The implementation of the 2025 budget has seen some changes which include: the principal Act was amended to increase the maximum... […]

GOVERNMENT says the Financial performance and condition in the banking sector remained satisfactory over the period 2022 to 2024. According to the Ministry of Finance and National Planning White Paper Medium Term Budget Plan 2025-2027,... […]

THE Oil Marketing Companies Association of Zambia says it was expecting ERB to reduce fuel pump prices due to the decline in international oil prices following Donald Trump’s engagement with oil producing countries. On Friday,... […]

GOVERNMENT says the country’s external debt has increased to $15.33 billion in 2024 from $14.57 billion recorded in 2023. On the other hand, however, government says the country’s domestic debt stock stands at K225.29 billion... […]

FINANCE and National Planning Dr Situmbeko Musokotwane has acknowledged that challenges facing State-Owned Enterprises (SOEs) have persisted despite previous efforts to resolve them and enhance their performance. Launching the revised State-Owned Enterprises Policy and the... […]

THE 2023 National Energy Access Survey (NEAS) has revealed that 53.6 percent of the households at national level have access to electricity, translating into an estimated number of 2,208,284 households. And the Survey reveals that... […]

AFRICAN Development Bank (AfDB) presidential aspiring candidate Samuel Maimbo says the United States government’s decision to suspend aid is a wake-up call for African nations, underscoring the urgent need to diversify financial sources. Launching his... […]