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Business
26 Feb 2018
|
Sipilisiwe Ncube
Mwanakatwe explains Eurobond interest payment
Finance Minister Margarete Mwanakatwe last week explained to parliament how the three Eurobonds issued in 2012, 2014, and 2015 were utilized and how much interest is being paid on each per year. Responding to a […]
26 Feb 2018
|
Mirriam Chabala
Mosho appointed on the Zambia-South Africa Business Forum Board
The end of tenure for the out-going office bearers at the Zambia-South Africa Business Forum (ZSBF) Board has seen a new team, that includes renowned Lusaka Lawyer Lewis Mosho, taking positions. Zambia’s High Commissioner to […]
23 Feb 2018
|
Mirriam Chabala
Mwanakatwe downplays IMF deal in her first financial policy reform announcement
Minister of Finance Margaret Mwanakatwe says government is strengthening institutional and legal frameworks that will boost transparency in debt contraction, reduce accumulation and address perceptions surrounding the country’s original debt figure. And Mwanakatwe has clarified […]
23 Feb 2018
|
Nancy Moonga
MTN Mobile Money achieves 1million subscriber milestone.
MTN has registered 1million active subscribers on its mobile money portal with over 3,000 booths and 12,000 active agents countrywide. Acting Head of MTN Mobile Money Ruth Chuunka told the media yesterday that digital financial […]
23 Feb 2018
|
Zondiwe Mbewe
Govt needs US$360m for Zambia-Tanzania-Kenya Power Interconnecter – Nkhuwa
Minister of Energy Mathew Nkhuwa says government will have to secure US$360 million this year in order to fund the Zambia-Tanzania-Kenya Power Inter connector Project, if it has to meet the 2021 completion deadline. And […]
22 Feb 2018
|
Taonga Clifford Mitimingi
Bank of Zambia cuts key lending rate to lowest in 4 years
The Bank of Zambia unexpectedly cut its key lending rate for the fifth consecutive time to the lowest in four years as inflation and economic expansion slowed. The bank lowered the rate by 50 basis […]
22 Feb 2018
|
Mirriam Chabala
Sudan approaches ERB with interest to supply oil to Zambia
Energy Regulations Board (ERB) executive director Langiwe Lungu says the Sudanese government has expressed interest in supplying oil to Zambia. According to a statement issued by First Secretary for Press and Public Relations at the […]
21 Feb 2018
|
Joseph Mwenda
Mwanakatwe marshals her team, wants civil servants salaries on time
Newly appointed Finance Minister Margaret Mwanakatwe yesterday held a strategic meeting with top management in the ministry at which she expressed concern over the corruption perception in public institution. And Mwanakatwe also ordered her technocrats […]
21 Feb 2018
|
Joseph Mwenda
ZUFIAW demands that Mwanakatwe reverses suffocating taxes
Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) president Ackim Mweemba has asked newly appointed Finance Minister Margret Mwanakatwe to review the high taxes which he says are milking workers in the formal sector […]
21 Feb 2018
|
Mirriam Chabala
Govt must stop debt contraction, focus on repayment – Haabazoka
Economist Lubinda Haabazoka says government should stop contracting more loans to finance developmental projects and focus on repaying the already existing debt. And Dr Habazoka has insisted that Zambians should not cry over government’s decision […]
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