Business

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 […]

Government will fail to hit their projected revenue target of around US $1.3 billion expected to be accrued from the new mining fiscal regime next year, according to the Zambia Chamber of Mines. And the […]

Africa’s largest Coca-Cola bottler, Coca-Cola Beverages Africa Proprietary Limited (CCBA), has acquired the Coca-Cola soft drinks business of Zambian Breweries Plc (Zambrew) and commenced operations. With this acquisition, the non-alcoholic ready-to-drink business of Zambrew has […]

Sinda Independent member of parliament Masauso Tembo has warned people in his constituency not to sell the fertiliser and seed they get from agro-dealers, saying doing so is tantamount to stealing from government. In interview […]

Mines Minister Richard Musukwa has warned that government will not be stopped from implementing the new tax regime by mining houses threatening job cuts in the extractive sector. And Musukwa has called on trade unions […]