Zambia Airports Corporation Limited (ZACL) has recorded a 28 per cent increase in domestic passenger movements in the second quarter of 2018, triggered by reduced air fares, among others. And ZACL says the introduction of […]

The World Bank has revised Zambia’s real GDP growth projection for 2018 downwards to 3.3 per cent, down from 4.3 per cent, triggered by dampened agricultural activity, among other factors. And World Bank country manager […]

The kwacha has depreciated against major currency convertibles to breach the K11 per dollar psychological barrier for the first time since April, 2016. And FNB Zambia says there is a sense of panic in the […]

Cassava Brown Streak Disease has broken out in Western, Northern and Luapula provinces presenting a major threat to crop productivity in the three areas of the country, Agriculture Minister Michael Katambo has disclosed. Speaking during […]

The Mkushi Copper Mine in Luano District is set to resume full operations before the end of this year, 40 years after mining activities were shut, Central Province Permanent Secretary Chanda Kabwe has revealed. Kabwe […]

Konkola Copper Mines (KCM) says it has initiated measures to raise production and improve its cash flows. Speaking when the mining company received Copperbelt Minister Japhen Mwakalombe during a familiarisation tour in Chingola, Wednesday, KCM […]

Government should increase the Pay as You Earn (PAYE) exemption threshold from the current K3,300 to K4,000 to provide relief to workers, says the Federation of Free Trade Unions of Zambia (FFTUZ). Ahead of the […]

Konkola Copper Mines (KCM) chief executive officer Deshnee Naidoo says delayed payments to workers has mainly been because of governments delayed release of Value Added Tax (VAT) refunds owed to the mining company. In a […]

Government has projected to roll out a K84.6 billion national budget next year expected to be supported by increased tax revenues amounting to around K7.4 billion more than last year’s budget. And government has proposed […]

South Africa’s economic recession may negatively affect the Zambian economy in the short-term as much of that country’s finished products end up in the local retail sector, says the Zambia Chamber of Commerce and Industry […]