Business

The Zambia Chamber of Commerce and Industry (ZACCI) says the temporary closure of Kasumbalesa, Mokambo and Sakanya entry points due to the presidential election in the Democratic Republic of Congo (DRC) will negatively affect revenue […]

Outgoing First Quantum Minerals (FQM) director of operations Matt Pascal says the decision to lay-off some of its staff is to ensure the mining company is not taxed to death. And Pascal has revealed that […]

Zambia faces downside risks to the four per cent economic growth prospects projected for this year, says Finance Minister Margaret Mwanakatwe. In a statement outlining the 2019 economic outlook, Mwanakatwe observed that the country faced […]

The Ministry of Commerce, Trade and Industry says it is still facing challenges in implementing government’s agenda in industrialising Zambia due to insufficient funding. But the Ministry says it is partnering with stakeholders to tackle […]

The annual rate of inflation has marginally increased to 7.9 per cent, up from 7.8 per cent recorded in November, the third highest this year, according to Central Statistical Office (CSO) data. Announcing Zambia’s annual […]

The Industrial Development Corporation (IDC) Group announced the appointment of six members of the board of directors of Zambia Airways, who include former Attorney General Bonaventure Mutale, among others, with immediate effect. In a statement […]

The Zambia Development Agency (ZDA) has recorded a projected decline in the number of jobs this year of 20,709 compared to 24,660 last year, representing a 19 per cent decrease. The Agency has, however, recorded […]

President Edgar Lungu has directed all relevant government departments and Ministries to ensure mining companies are not allowed to unjustifiably lay-off workers, says Amos Chanda. And Chanda, who is President Lungu’s Special Assistant for Press […]

First Quantum Minerals (FQM) has announced that its subsidiary, Kansanshi Mining Plc, will downsize its operations, including implementing the planned job cuts arising from the 2019 mining fiscal regime, with full effect by April next […]

The Zambia Chamber of Commerce and Industry (ZACCI) says if Britain eventually leaves the European Union (EU) next March, Zambia is not likely benefit by having increased trading opportunities with that country. British Prime Minister […]