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3 Jun 2018
|
Daniel Chansa in Ndola
Kagem gives its unionzed employees a 10% pay rise
Kagem Emerald Mining Limited has given its unionzed workers a 10 per cent salary increment. The increment comes barely two weeks after workers protested for over 10 days and resulted into more than 15 workers […]
2 Jun 2018
|
Stuart Lisulo
Inflation jumps to 7.8%
The annual rate of inflation has shot up to 7.8 per cent, up from 7.4 per cent recorded in April, according to Central Statistical Office data. Announcing Zambia’s annual rate of inflation for the month […]
1 Jun 2018
|
Abraham Kalito
ZCCM-IH earns K729m profit
ZCCM-IH posted a profit after tax of K729 million during its financial year ending March 31, 2017, from incurring losses of nearly K3 billion in the previous corresponding period. And ZCCM-IH have expressed optimism in […]
1 Jun 2018
|
Stuart Lisulo
Zambia’s gross reserves plummet to 12-month low
Zambia’s gross international reserves have fallen below US$2 billion for the first time in over a year, triggered by the need to finance the country’s widening current account deficit, Bank of Zambia data reveals. According […]
31 May 2018
|
Abraham Kalito
You can’t predict contingencies in a budget – Msiska
Secretary to the Cabinet Roland Msiska has asked cooperating partners to help Zambia create a solid 2019 budget plan. And Dr Msiska says anyone who thinks they can predict contingencies in a budget are either […]
29 May 2018
|
Mirriam Chabala
Fraudulent selection of agro-dealers messing up e-voucher – Hamududu
The Electronic Voucher lacks transparency in the selection of agro-dealers as some of them have been conniving to benefit from some farmers’ e-cards, says Party of National Unity president Highvie Hamududu. And Hamududu, the former […]
28 May 2018
|
Mirriam Chabala
Govt must step foot in mining industry, exploit copper revenue – Habazoka
Economist Dr Lubinda Habazoka has urged government to step it’s foot in the mining industry to ensure that it exploits meaningful revenue from the sale of copper. And Dr Habazoka says those who privatised companies […]
28 May 2018
|
Abraham Kalito
ICT capable of contributing more to Zambia’s GDP than agriculture – US Agency
The United States Agency for International Development says there is chance that the percentage of Gross Domestic Product GDP afforded by Information and Communications Technologies ICT’s will outweigh that which is afforded by agriculture and […]
28 May 2018
|
Stuart Lisulo
Radisson to open Park Inn Hotel in Lusaka
Radisson Hotel Group have announced that Park Inn, a new hotel, will be opening in Lusaka by 2020 to meet growing tourism demand in Zambia. In a statement, the group announced that Park Inn, the […]
24 May 2018
|
Abraham Kalito
ZCCM-IH becomes majority shareholder of Investrust Bank
ZCCM-IH Plc has increased its shareholding in Investrust Bank Plc from 45.4 per cent to 71.4 per cent, becoming the majority shareholder following acceptance of the mandatory offer from the bank’s minority shareholders. According to […]
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