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Business
30 Dec 2017
|
Sipilisiwe Ncube
Mabumba says $20m Saudi Arabia oil deal almost realised
Energy Minister David Mabumba says government has dealt with all procedural issues regarding the importation of fuel from Saudi Arabia. Speaking at a press briefing in Lusaka yesterday, Mabumba also said he would in the […]
29 Dec 2017
|
Mirriam Chabala
Culture of govt borrowing must remain in 2017 – Wynter
Rainbow Party General Secretary Wynter Kabimba says the culture of borrowing must remain in 2017 while government tries to transform the economy from foreign investors into the hands of local entrepreneurs in 2018. And Kabimba […]
28 Dec 2017
|
Mirriam Chabala
Govt says it will no longer pay suppliers through cheques
The Ministry of Finance says starting next month, it will no longer use cheques to pay government suppliers of goods and services, but will instead electronically transfer money directly into company accounts. In a statement […]
28 Dec 2017
|
Zondiwe Mbewe
Dora must quit if she has failed agriculture – Sinkamba
Green Party leader Peter Sinkamba says Agriculture Minister Dora Siliya must quit her position if she has failed to run the sector instead of having sleepless nights over farmers’ problems because her continued stay in […]
24 Dec 2017
|
Mirriam Chabala
Zambian engineers are being disadvantaged, Ng’andu explains
Engineering Insitution of Zambia (EIZ) vice-president for finance and administration Abel Ng’andu has refuted media reports quoting him as having said “local engineers have been failing to secure construction jobs because they are dull”. Clarifying […]
22 Dec 2017
|
Mirriam Chabala
Mutati’s lies cost Zambia the IMF deal – Nevers
Nevers Mumba says Finance Minister Felix Mutati’s act of under-declaring the country’s debt in Parliament early this year prompted the IMF to cancel its negotiations for a loan facility with Zambia. Commenting on IMF resident […]
22 Dec 2017
|
Mukosha Funga Njenga
Lafarge to appeal against CCPC’s K99m fine
Lafarge Zambia says the company will launch an appeal against the Competition and Consumer Protection Commission’s decision to slap it with a fine for alleged price discrimination. On Tuesday, CCPC fined Lafarge Cement Zambia Plc […]
20 Dec 2017
|
Daniel Chansa
Energy Minister confirms sale of Indeni
Energy minister David Mabumba says government is looking for a partner to invest and take charge of Indeni Petroleum Refinery in Ndola. Mabumba has further assured the more than 300 workers that no one will […]
20 Dec 2017
|
Joseph Mwenda
CCPC fines Lafarge K99m for excessive pricing of Cement
The Competition and Consumer Protection Commission (CCPC) has fined Lafarge Cement Zambia Plc K99,235,400 for application of abusive loyalty discount schemes, price discrimination and excessive pricing. This is according to a statement issued by Chairperson […]
20 Dec 2017
|
Sipilisiwe Ncube
Govt to invest US$30m in national airline
Government has entered into a partnership with the Ethiopian Airlines to reestablish the Zambia National Airline at an estimated cost of US$30 million. In an audio statement, Transport and Communications Minister Brian Mushimba said Cabinet […]
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