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Business
16 Oct 2018
|
Stuart Lisulo
MTN launches new range of numbers under 076 prefix
MTN Zambia has announced the launch of an additional new range of numbers and expanded its existing subscriber base aimed at allowing different customers to join the network. The new number range will go under […]
16 Oct 2018
|
Abraham Kalito
$25 million British American Tobacco cigarette factory boosts job creation
British American Tobacco (BAT) has completed the construction of US $25 million cigarette manufacturing plant at Lusaka’s South Multi-Facility Economic Zone, which will increase and localize its brand portfolio in Zambia. BAT Zambia managing director […]
16 Oct 2018
|
Abraham Kalito
Fitch’s rating downgrade calls for revised deficit projections – Kanyama
Economist Chibamba Kanyama says government needs to take a very serious approach to embark on unfettered fiscal consolidation following Fitch Ratings’ credit downgrading of Zambia’s economy to ‘B -‘ from ‘B’. Fitch Ratings downgraded Zambia’s […]
14 Oct 2018
|
Stuart Lisulo
Kwacha tumbles on Fitch credit downgrade
The kwacha marginally depreciated against major currency convertibles to remain above the K12 per dollar barrier, while maintaining strong volatility following Zambia’s credit rating downgrade. And market players say the local currency’s trading has been […]
12 Oct 2018
|
Mirriam Chabala
Govt postpones launch of Zambia Airways to 2019
Transport and Communications Minister Brian Mushimba says that the date for the launch of the much-hyped national airline had been extended to early next year, to allow for the certification and registration processes to be […]
12 Oct 2018
|
Abraham Kalito
Stop depending on govt for inputs, SAFADA advises farmers
Small-Scale Farmers’ Development Agency (SAFADA) says government’s hesitation to commence distribution farming inputs to farmers implies that the agricultural sector is neglected and not considered as important. Despite Minister of Agriculture Michael Katambo having told […]
12 Oct 2018
|
Abraham Kalito
Superior Milling to increase mealie meal prices
Superior Milling Company managing director Peter Cottan says mealie meal prices will definitely be increased following a rise in fuel prices, but added that the adjustment will be insignificant. In an interview with News Diggers! […]
12 Oct 2018
|
Stuart Lisulo
Fitch Ratings downgrades Zambia’s credit rating to B-
Fitch Ratings has downgraded Zambia’s credit rating to ‘B -’ from ‘B’, and maintained the country’s economic outlook to negative, mainly triggered by government’s substantial upward revision in the budget deficit targets. And Fitch has […]
11 Oct 2018
|
Abraham Kalito
FRA fails to purchase 500,000 MT maize target
The Food Reserve Agency (FRA) says it won’t manage to purchase the targeted 500,000 metric tonnes of maize this crop marketing season, but insists that the country will be food secure because it already has […]
10 Oct 2018
|
Mirriam Chabala
Bus fares go up by 22 per cent
Bus operators have hiked passenger fares by 22 per cent across the board following the upward adjustment in the fuel pump prices by the Energy Regulation Board (ERB). Road Transport and Safety Agency (RTSA) Head […]
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