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Business
28 May 2018
|
Mirriam Chabala
Govt must step foot in mining industry, exploit copper revenue – Habazoka
Economist Dr Lubinda Habazoka has urged government to step it’s foot in the mining industry to ensure that it exploits meaningful revenue from the sale of copper. And Dr Habazoka says those who privatised companies […]
28 May 2018
|
Abraham Kalito
ICT capable of contributing more to Zambia’s GDP than agriculture – US Agency
The United States Agency for International Development says there is chance that the percentage of Gross Domestic Product GDP afforded by Information and Communications Technologies ICT’s will outweigh that which is afforded by agriculture and […]
28 May 2018
|
Stuart Lisulo
Radisson to open Park Inn Hotel in Lusaka
Radisson Hotel Group have announced that Park Inn, a new hotel, will be opening in Lusaka by 2020 to meet growing tourism demand in Zambia. In a statement, the group announced that Park Inn, the […]
24 May 2018
|
Abraham Kalito
ZCCM-IH becomes majority shareholder of Investrust Bank
ZCCM-IH Plc has increased its shareholding in Investrust Bank Plc from 45.4 per cent to 71.4 per cent, becoming the majority shareholder following acceptance of the mandatory offer from the bank’s minority shareholders. According to […]
24 May 2018
|
Stuart Lisulo
Zambia’s debt worrying UK investors, says British envoy
British High Commissioner to Zambia Fergus Cochrane-Dyet says UK investors’ number one concern is the country’s public debt situation. According to brief remarks posted on the British envoy’s Twitter feed, High Commissioner Cochrane-Dyet stated that […]
23 May 2018
|
Stuart Lisulo
Erratic changes to mining fiscal regime damaging credibility – study
Tax experts say the erratic frequent changes to the Zambian mining fiscal regime in the last four years have damaged its credibility and have led to negative relations between government and the industry. According to […]
23 May 2018
|
Mirriam Chabala
PF turned e-voucher into a ‘cash cow’ – Msoni
The Electronic Voucher system’s failures from the just-ended farming season should be attributed to politicians and top civil servants who are treating it as a ‘cash cow’, says All People’s Congress (APC) president Nason Msoni. […]
23 May 2018
|
Abraham Kalito
Rise in Eurobond yields is proof of investor anxiety – Kanyama
Economist Chibamba Kanyama says the rise in yields on Zambia’s Eurobonds to 10 per cent for the first time in almost 18 months is a sign that the country’s economy has caused anxiety among investors. […]
23 May 2018
|
Abraham Kalito
Defiance on night travel by bus drivers disappoints Mushimba
Transport and Communications Minister Brian Mushimba says he is disappointed with the low compliance levels among truck and bus drivers to Statutory Instrument number 76 which prohibits travelling during the night. But Mushimba says accidents […]
22 May 2018
|
Abraham Kalito
Kwacha hits 2018 record low of K10.13 per dollar
The kwacha has depreciated to a low of K10.13 against the US dollar, the worst on record so far in 2018, market data reveals. According to financial market players, the kwacha has continued depreciating, mainly […]
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