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Business
6 Feb 2024
|
Philip Chisalu
We’ve not sanctioned strike, clarifies Truck Drivers Association
THE SADC Truck Drivers Association of Zambia has clarified that it has not called for the infinite strike that drivers intend on starting on March 1st, 2024 to demand for broad interests, among other things.... […]
6 Feb 2024
|
Philip Chisalu
Mopani payment to suppliers, contractors will have huge impact – AMCS
THE Association of Mine Suppliers and Contractors (AMSC) says payment to contractors and suppliers at Mopani Copper Mines PLC will have a positive effect on the market and economy. Last month, Mopani disclosed that it... […]
6 Feb 2024
|
Barnabas Zulu
Zambia has stable mining regime, HH tells Indaba
PRESIDENT Hakainde Hichilema has called on investors to invest in Zambia because it has a stable and predictable mining regime. Speaking when he made a virtual address at the 2024 Africa Mining Indaba, Monday, President... […]
6 Feb 2024
|
Philip Chisalu
I haven’t signed anything to guarantee sale of Lubambe – Kabuswe
MINES Minister Paul Kabuswe says government has not signed any consent agreement to guarantee the transfer of shareholding for Lubambe Mine. Recently, the National Union of Miners and Allied Workers (NUMAW) said it was working... […]
5 Feb 2024
|
Philip Chisalu
High cost of living overshadows any achievements, notes EAZ
THE CSO Debt Alliance says while it recognises the efforts and challenges surrounding the debt restructuring process, it is concerned about the delay to finalise the deal – especially with private creditors. And Economics Association... […]
5 Feb 2024
|
Precious Daka
Hiked fuel prices will affect transport sector growth – Mbewe
THE Public Passenger Transport Drivers Association in Zambia says the minimal upward adjustment in bus fares after the recent substantial increase in fuel pump prices will affect transport sector growth. In an interview, Sunday, Association... […]
5 Feb 2024
|
Precious Daka
BOZ’s decision to raise Statutory Reserve Ratio will trigger accelerated Kwacha depreciation – Hambayi
ECONOMIST Trevor Hambayi says the Bank of Zambia (BOZ)’s decision to raise the statutory reserve ratio on both local and foreign currency deposits by nine percentage points will cause an accelerated depreciation of the kwacha... […]
3 Feb 2024
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Philip Chisalu
Exchange rate shocks are common across the globe – Musokotwane
GOVERNMENT has acknowledged that the Kwacha has indeed been under pressure, but argues that it is important to understand that the trend is common among countries across the globe. And Secretary to Treasury Felix Nkulukusa... […]
2 Feb 2024
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Philip Chisalu
Depreciating kwacha hurting our business – Trade Kings
TRADE Kings Group has appealed to government to arrest the depreciating kwacha, lamenting that the trend is affecting the company’s imports and productivity. But Finance and National Planning Minister Dr Situmbeko Musokotwane has encouraged Big... […]
1 Feb 2024
|
Zondiwe Mbewe
ZRA takes over collection of toll fees at Kazungula, Chirundu border posts
THE Zambia Revenue Authority (ZRA) has disclosed that it has taken over the collection of Road Toll and Road Service Licence fees at Kazungula and Chirundu One-Stop-Border-Posts from RTSA. ZRA Corporate Communications Manager Oliver Nzala... […]
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