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28 Feb 2025
|
Philip Chisalu
MAZ calls for suspension of duty on wheat imports
THE Millers Association of Zambia (MAZ) is calling for the suspension of duty and taxes on wheat to ensure affordable importation of the commodity. MAZ president Andrew Chintala says the country has enough wheat, but... […]
28 Feb 2025
|
Philip Chisalu
ZRA’s contribution to budget is projected to rise to 71.7% this year – Banda
ZAMBIA Revenue Authority (ZRA) Commissioner General Dingani Banda says the authority is equal to the task of sustainable Domestic Resource Mobilisation (DRM). Banda has disclosed that ZRA’s contribution to the national budget has sharply risen... […]
28 Feb 2025
|
Chamuka Shalubala
ERB approves 89 licenses, 8 construction permits worth K10.9bn
THE Energy Regulation Board (ERB) says it has approved 89 license applications and eight construction permits within the petroleum and renewable energy sub-sector, representing a combined investment of K10.9 billion. Speaking during a media engagement,... […]
28 Feb 2025
|
Ulande Nkomesha
Inflation goes up by 0.1 percent
THE country’s annual inflation rate for February 2025 has increased to 16.8 percent from 16.7 percent recorded in January. At a briefing, Thursday, ZamStats Acting Statistician General Sheila Mudenda said the increase in inflation was... […]
27 Feb 2025
|
Philip Chisalu
USAID cut will impact real estate – Hamusute
ECONOMIST and Housing Finance Expert Twaambo Hamusute says the realignment of the US government funding to Zambia will impact real estate. Some office spaces, especially in Lusaka, have been rented out to NGOs under USAID... […]
27 Feb 2025
|
Mwiche Nalwimba
Cost of living up by K798.56
THE Jesuit Centre for Theological Reflection (JCTR) has recorded a K798.56 increase in the cost of living for February, now amounting to K11,599.12 for a family of five in Lusaka. In a statement, Wednesday, JCTR... […]
27 Feb 2025
|
Philip Chisalu
Mopani apologises to Kankoyo MP
MOPANI Copper Mines PLC has apologised to Kankoyo UPND MP Heartson Mabeta for stating that the law maker’s claim that he had scheduled a meeting with its CEO Charles Sakanya was untrue and baseless. Mopani... […]
27 Feb 2025
|
Philip Chisalu
Change of bank notes highlights ongoing challenges with price stability, inflation – Chibuye
RENOWNED chartered accountant Andrew Chibuye says the introduction of a new bank notes highlights ongoing challenges with price stability and inflation. Chibuye also observes that while the introduction of K500 and K200 notes might seem... […]
26 Feb 2025
|
Philip Chisalu
BigTree launches FIT sports drink
BIGTREE Beverages Ltd has launched FIT, a sports drink designed to elevate the fitness experience for enthusiasts and athletes alike. And Sports Minister Elvis Nkandu has commended BigTree for its commitment to supporting the health... […]
26 Feb 2025
|
Philip Chisalu
Govt’s engagement with Dangote for cheaper fuel a good move – PTAZ
PETROLEUM Transporters Association of Zambia (PTAZ) Secretary General Benson Tembo has welcomed government’s move to engage Dangote for cheaper fuel, saying it was long overdue. On Monday, government revealed that a team led by Energy... […]
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