The Zambia Chamber of Mines (ZCM) has observed that the mining sector has stagnated because too much pressure has been mounted on it to service other sectors of the economy. ZCM President Nathan Chishimba observed […]

The Zambia Revenue Authority (ZRA) has observed that Ethanol smuggling is on the rise in the country leading to the manufacturing of illicit alcohol popularly known as Tujili-jili or Junta. ZRA Corporate Communications Manager Topsy […]

The annual rate of inflation has leaped to 8.1 per cent, up from 7.8 per cent recorded in July, the highest on record this year so far, according to Central Statistical Office data. Announcing Zambia’s […]

Former finance minister N’gandu Magande says the withdrawal of IMF country representative Alfredo Baldini from Zambia will further jeopardise the country’s chance of accessing a bailout package from the International lending institution. In July, the […]

The Copperbelt Energy Corporation (CEC) has started restricting electricity supply to at least two Konkola Copper Mines (KCM) transformers in Chingola, leaving only the Nchanga transformer which is also expected to be switched off once […]

Zambia will now be paying higher interest rates when borrowing following the downgrading of its credit rating from B to B – by the Standard & Poor’s Ratings, economist Dr Lubinda Haabazoka has warned. And […]

Government’s decision to charge mobile phone subscribers a 30 ngwee per day tariff on Internet calls should be reversed because it is misguided, says the Centre for Trade Policy and Development (CTPD). In a statement […]

Zambia’s Eurobonds have lost value of 10 per cent this month alone, more than any of the 75 countries in the Bloomberg Barclays Emerging Markets USD Sovereign Bond Index. According to Bloomberg, these losses have […]

Civil Society for Poverty Reduction (CSPR) Executive Director Patrick Nshindano has observed that financial institutions have failed to effectively provide affordable financial services and manage customer deposits. Nshindano made the comment in the wake of […]

Zambia Information and Communications Technology Authority (ZICTA) public relations officer Hanford Chaaba says the authority does not know yet who is supposed to pay user charges on Internet calls because the Statutory Instrument (SI) has […]