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9 Jul 2018
|
Abraham Kalito
Govt shouldn’t expect lower lending rates with its huge borrowing – BAZ
Interest rates on loan facilities should not be expected to drop if government remains a heavy borrower on the domestic financial market, says the Bankers Association of Zambia. Last month, Finance Minister Margaret Mwanakatwe blasted […]
5 Jul 2018
|
Daniel Chansa in Ndola
There’s too much corruption in fuel sector, laments association
Petroleum Transporters Association of Zambia Secretary General Benson Tembo says there is a lot of corruption in the transportation of fuel. Adressing journalists at a joint media briefing in Ndola, Wednesday, Tembo said government’s decision […]
5 Jul 2018
|
Abraham Kalito
CTPD demands operationalization of Sinking Fund
Centre for Trade Policy and Development (CTPD) executive director Isaac Mwaipopo has demanded for the operationalization of the Sinking Fund, warning that Zambia will be unable to repay any of its loans without one. But […]
5 Jul 2018
|
Mirriam Chabala
Minimal reduction in inflation won’t reduce cost of living – CSPR
Civil Society for Poverty Reduction (CSPR) executive director Patrick Nshindano says the drop in inflation to 7.4 per cent will not have any impact on the cost of living because a reduction in inflation does […]
5 Jul 2018
|
Abraham Kalito
ZCCM-IH increases dividends to 35%
ZCCM-IH has increased its dividend policy to 35 per cent of net profit after tax from 20 per cent as part of the company’s strategic plan for the next five years following a substantial increase […]
3 Jul 2018
|
Zondiwe Mbewe
Copper-cobalt plant to create 200 jobs in Mwinilunga
Kalaba Copper project in Mwinilinuga district is expected to create over 200 permanent jobs once complete says Zamsort Limited and Arc Minerals. And Arc Minerals executive chairman Nick Von Schirnding says Zamsort Limited and Arc […]
2 Jul 2018
|
Stuart Lisulo
Zambia’s economic growth slows to 2.6%
Zambia’s economic growth slumped to 2.6 per cent in the first quarter of this year, down from 3.2 per cent during the corresponding period last year, mainly driven by negative growth rates in the agriculture […]
29 Jun 2018
|
Stuart Lisulo
Inflation reduces to 7.4%
THE annual rate of inflation has dropped to 7.4 per cent from 7.8 per cent recorded in May, according to Central Statistical Office data Announcing Zambia’s annual rate of inflation for the month of June, […]
29 Jun 2018
|
Mirriam Chabala
Govt can’t implement austerity measures without clear road map – Kanyama
Economist Chibamba Kanyama says the recently announced austerity measures to stabilise the country’s economy will not produce the desired results if there is no commitment from government. In a statement shared with News Diggers! Kanyama […]
28 Jun 2018
|
Sipilisiwe Ncube
Govt spent K10m curbing foot and mouth disease – Minister
Fisheries and Livestock Minister Kampamba Mulenga says government spent over K10 million in vaccinations of the Foot and Mouth disease, which broke out in Chisamba and Chibombo districts in March this year. And Mulenga told […]
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