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Business
Cement making companies exploiting local market with price hikes – Trader
A CEMENT trader has lamented that cement making companies continue to hike cement prices on the local market while maintaining export prices. Lusaka businessman Mike Zulu says cement making companies are exploiting the local market... […]
BOZ’s strategies for stabilising Kwacha not working – Hambayi
ECONOMIST Trevor Hambayi says the Bank of Zambia’s strategies aimed at stabilising the Kwacha against major convertibles have so far not yielded positive results. And Hambayi says government needs to create a conducive business environment... […]
Prolonged debt restructuring may affect implementation of 2024 budget – ZiCA
THE Zambia Institute of Chartered Accountants (ZiCA) says the implementation and execution of the 2024 national budget may be affected by the prolonged debt restructuring process. ZiCA president Yande Siame Mwenye says the implications of... […]
Some govt institutions have terrible culture of not settling Zesco bills – Nkombo
Acting Energy Minister Gary Nkombo has expressed concern that some state and quasi-government institutions have adopted a culture of not settling electricity bills thus owing Zesco huge sums of money. Speaking when he closed the... […]
We’ve again maintained fuel prices with zero subsidies – Kapala
ENERGY Minister Peter Kapala says government has not reintroduced subsidies on fuel despite the Energy Regulation Board (ERB) maintaining the fuel pump prices for the second consecutive month. Last week, ERB announced that it had... […]
IHR is coming to reset relationship with Glencore because it was bad – Kabuswe
MINES and Minerals Development Minister Paul Kabuswe says Mopani’s new strategic equity partner International Resources Holding Limited (IRH) is coming to reset the mine’s existing relationship with Glencore because when a relationship is bad, it... […]
Beef demand has normalised – Mika Meats
MIKA Meats proprietor Stephen Mikalile says despite the initial decline experienced in the demand for beef products, Mika Meats is now witnessing an increase in beef demand to levels prior to the anthrax outbreak. Responding... […]
ERB maintains fuel prices for 2nd consecutive month
THE Energy Regulation Board (ERB) has maintained the fuel pump prices for December at K29.98 for petrol, K29.96 for diesel, K29.29 for Jet A1 and K20.44 for kerosene. ERB also maintained the fuel pump prices... […]
Govt in K27.2m revenue loss due to anomalies on 753 imported vehicles
RTSA and ZRA have revealed that from the 33, 045 vehicles which were reported last year not to have matching customs clearance records, 753 were established to have anomalies at importation. In a joint statement,... […]
Lsk records K234 reduction in cost of living
THE cost of living for a family of five in Lusaka for November has reduced to K9,060.60 from the K9, 294.76 recorded in October, signifying a reduction of K234.16. According to the JCTR Basic Needs... […]
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