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Business
4 Jun 2018
|
Stuart Lisulo
K4.4 million lost through Mukula smuggling – FIC
Trade in Mukula trees increased last year despite the ban, with suspicious transactions linked to its illegal exports amounting to over K4.4 million, says the Financial Intelligence Centre (FIC). And the FIC says there was […]
4 Jun 2018
|
Stuart Lisulo
Construction companies deposited unusual K110m cash in 2017 – FIC
Some businesses in the construction sector made large unusual cash deposits last year amounting to a combined total of K110 million, the latest Financial Intelligence Centre (FIC) report reveals. According to the FIC 2017 Money […]
4 Jun 2018
|
Sipilisiwe Ncube
Govt eager to implement new land ownership policy for women
Lands and Natural resources Minister Jean Kapata says government has elevated the 30 per cent land ownership threshold for women to 40 per cent in the new land policy. But Kapata cautioned that the allocated […]
4 Jun 2018
|
Abraham Kalito
ZNFU eager to get involved in 2018/2019 fertilizer distribution
Government has decided to re-stream 40 per cent of the E-voucher FISP to the old system, a move which has excited the Zambia National Farmers’ Union. And ZNFU has asked government to scrap off the […]
3 Jun 2018
|
Daniel Chansa in Ndola
Kagem gives its unionzed employees a 10% pay rise
Kagem Emerald Mining Limited has given its unionzed workers a 10 per cent salary increment. The increment comes barely two weeks after workers protested for over 10 days and resulted into more than 15 workers […]
2 Jun 2018
|
Stuart Lisulo
Inflation jumps to 7.8%
The annual rate of inflation has shot up to 7.8 per cent, up from 7.4 per cent recorded in April, according to Central Statistical Office data. Announcing Zambia’s annual rate of inflation for the month […]
1 Jun 2018
|
Abraham Kalito
ZCCM-IH earns K729m profit
ZCCM-IH posted a profit after tax of K729 million during its financial year ending March 31, 2017, from incurring losses of nearly K3 billion in the previous corresponding period. And ZCCM-IH have expressed optimism in […]
1 Jun 2018
|
Stuart Lisulo
Zambia’s gross reserves plummet to 12-month low
Zambia’s gross international reserves have fallen below US$2 billion for the first time in over a year, triggered by the need to finance the country’s widening current account deficit, Bank of Zambia data reveals. According […]
31 May 2018
|
Abraham Kalito
You can’t predict contingencies in a budget – Msiska
Secretary to the Cabinet Roland Msiska has asked cooperating partners to help Zambia create a solid 2019 budget plan. And Dr Msiska says anyone who thinks they can predict contingencies in a budget are either […]
29 May 2018
|
Mirriam Chabala
Fraudulent selection of agro-dealers messing up e-voucher – Hamududu
The Electronic Voucher lacks transparency in the selection of agro-dealers as some of them have been conniving to benefit from some farmers’ e-cards, says Party of National Unity president Highvie Hamududu. And Hamududu, the former […]
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