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1 Feb 2024
|
Philip Chisalu
Truck drivers plan infinite strike
THE SADC Truck Drivers Association of Zambia says there will be an infinite strike starting March 1, 2024, in order for drivers to demand broad interests among other things. In a notice, the association has... […]
31 Jan 2024
|
Philip Chisalu
ERB hikes petrol to K34.19, as diesel reaches K32.15
THE Energy Regulation Board (ERB) has increased petrol prices for February from K29.98 to K34.19 per litre, while diesel has risen from K29.96 to K32.15 and Jet A-1 from K29.29 to K32.69. ERB has, however,... […]
31 Jan 2024
|
Philip Chisalu
About 82,670 hectares has been affected by army worms – Govt Â
GOVERNMENT has disclosed that the country is currently sitting at 14.8 percent in terms of infestation levels of fall army worms since the outbreak late last year. Ministry of Agriculture Director for Agriculture Dr Chizumba... […]
31 Jan 2024
|
Precious Daka
Continued kwacha depreciation to worsen poverty levels – CSO-SUN
THE Civil Society Scaling-Up Nutrition (CSO-SUN) Alliance Zambia says the continued kwacha depreciation against major convertible currencies has potential to worsen poverty levels in the country. The Kwacha recently hit K27 per dollar. In an... […]
31 Jan 2024
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Ulande Nkomesha
Zamshu boasts of improved quality shoe production
ZAMSHU and Zamleather General Manager Richard Franklin says the company is now able to develop footwear that meets the specification of the Zambia Air Force (ZAF). Speaking when Ministry of Fisheries and Livestock Permanent Secretary... […]
31 Jan 2024
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Philip Chisalu
I don’t see Kwacha trading at K30 per dollar – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane has expressed skepticism regarding predictions of the Kwacha’s depreciation to the extent of trading at K30 against the United States dollar. Economist Lubinda Haabazoka recently forecasted that... […]
31 Jan 2024
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Philip Chisalu
Govt will commission Chilanga fuel depot next month – Kapala
ENERGY Minister Peter Kapala has disclosed that the 102 million litre fuel depot located in Chilanga District is likely to be commissioned before the end of next month. Kapala has expressed optimism that the cost... […]
30 Jan 2024
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Philip Chisalu
Depreciated Kwacha will affect loan repayments for SMEs, warns Zulu
ECONOMIST Emmanuel Zulu has warned that the depreciation of the Kwacha will have a significant impact on loan repayments, particularly for Small and Medium-Sized Enterprises (SMEs). Zulu, a member of the CSO Debt Alliance, highlights... […]
30 Jan 2024
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Philip Chisalu
Kwacha might come to K18 per dollar before end of 2024, predicts Kitwe Chamber
THE Kitwe Chamber of Commerce and Industry has described as excellent, news that Mopani Copper Mines PLC has started clearing the outstanding payments to contractors and suppliers. Chamber president Emmanuel Mbambiko says he can already... […]
30 Jan 2024
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Philip Chisalu
2024 CEEC funds allocated to clear backlog, not for fresh empowerments – PS
MINISTRY of Small and Medium Enterprises Permanent Secretary Subeta Mutelo has explained that the K395 million allocated for 2024 empowerment funds through CEEC will be directed towards addressing the backlog of beneficiaries, rather than accommodating... […]
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