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Business
8 Feb 2024
|
Barnabas Zulu
Zambian Airports hit historic peak of over 2 million passengers in 2023
ZAMBIA Airports Corporation Limited (ZACL) has announced that it recorded over two million general passengers in the year 2023. And ZACL says the increase in fuel prices in 2023 negatively affected the aviation sector in... […]
8 Feb 2024
|
Philip Chisalu
There’s a lot of appetite to invest in Zambia despite delayed debt restructuring – Kabuswe
MINES and Minerals Development Minister Paul Kabuswe says despite the impacts of the delayed debt restructuring process on the economy, there is overwhelming appetite to invest in Zambia. Speaking to CNBC Africa at the Mining... […]
8 Feb 2024
|
Precious Daka
Chinese govt will invest over $1bn in revitalisation of TAZARA – Envoy
CHINESE Ambassador to Zambia DU Xiaohui has disclosed that his government will invest over US$1 billion in the revitalisation of TAZARA using the PPP model. And Ambassador Xiaohui has expressed hope that real progress will... […]
8 Feb 2024
|
Ulande Nkomesha
NRFA fires board chair, CEO
NATIONAL Road Fund Agency Board Chairperson Avet Hamuwele and CEO Wallece Mumba have been dismissed from their positions. Finance and National Planning Minister Dr Situmbeko Musokotwane has confirmed the pair’s departure from the Agency, but... […]
7 Feb 2024
|
Ulande Nkomesha
We want to make KCM a world class mine – Vedanta
VEDANTA Resources Limited Corporate Communications Director Masuzyo Ndhlovu says the company wants to make Konkola Copper Mine a world class mine. And Ndhlovu says the company was awaiting the final phase of the deal to... […]
7 Feb 2024
|
Diggers Correspondent
There’s liquidity in the economy, that’s why Kwacha is under pressure – Nkhoma
ECONOMIST Noel Nkhoma says the excess liquidity in the economy is what is putting the Kwacha under pressure against major currencies like the US dollar. Nkhoma says the recent interventions by the Bank of Zambia... […]
7 Feb 2024
|
Philip Chisalu
Officers at Chirundu border facilitating mealie meal smuggling, charges Mwiimbu
CHIEF Government Spokesperson Cornelius Mweetwa says an investigation has confirmed that there is no GMO mealie meal on the Zambian market, and that statements and assertions that President Hakainde Hichilema is feeding citizens with the... […]
7 Feb 2024
|
Philip Chisalu
We’re excited with Kobold’s investments at Mingomba – Jito
GOVERNMENT has expressed excitement with Kobold Metals’ investment at Mingomba Mine, saying the firm exceeded its $150 million pledge by injecting $200 million in its exploration programme at the mine. Recently, Kobold Metals disclosed that... […]
7 Feb 2024
|
Mwiche Nalwimba
Cost of living goes up, family of 5 in Lsk needs K9,555.53 per month
THE cost of living for a family of five in Lusaka for January has increased to K9,555.53 from the K9,157.41 recorded in December 2023, JCTR has disclosed. Furthermore, JCTR’s 2023 Satellite Home Survey (SHS) findings... […]
6 Feb 2024
|
Ulande Nkomesha
Be a bit patient, we’re working on reducing fuel prices – Kapala
ENERGY Minister Peter Kapala has called for patience among citizens as government works on measures to stabilise the fuel prices. Last week, the Energy Regulation Board (ERB) increased petrol prices for February from K29.98 to... […]
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