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Business
3 Jan 2024
|
Taonga Tembo
Govt must suspend mobile transaction levy until mid 2024 – ZACA
ZAMBIA Consumer Association (ZACA) General Secretary Juba Sakala says the levy on mobile money transactions should not be introduced until mid 2024. Government introduced a levy on mobile money transactions in the 2024 budget. But... […]
3 Jan 2024
|
Philip Chisalu
Citizens can’t survive without subsidies – Chitotela
PAMBASHE PF member of parliament Ronald Chitotela says Zambians will choke and suffocate if government doesn’t reintroduce subsidies. Last week, Chief Government Spokesperson Cornelius Mweetwa said some conditionalities tied to attainment of debt restructuring can’t... […]
2 Jan 2024
|
Philip Chisalu
16 perish in New Year road accidents
POLICE say during this year’s New Year holiday, the country recorded 262 Road Traffic Accidents (RTAs) in which 16 persons were killed. In a statement, Tuesday, Police spokesperson Rae Hamoonga stated that Lusaka Province recorded... […]
2 Jan 2024
|
Philip Chisalu
We can’t just rely on IMF, that’s why we’re reviving mines – Musokotwane
FINANCE Minister Situmbeko Musokotwane says the country can’t just rely on IMF and World Bank loans and grants but also needs to do something to increase foreign exchange, which the new dawn is doing through... […]
2 Jan 2024
|
Philip Chisalu
ZICB will receive $50m for lending to SMEs doing green initiatives – PS
GOVERNMENTÂ has disclosed that a Canadian company, Convergence Fund, has offered to give the Zambia Industrial Commercial Bank (ZICB) $50 million for onward lending to SMEs doing green initiatives. Ministry of Green Economy and Environment Permanent... […]
2 Jan 2024
|
Philip Chisalu
Govt must come up with better fuel pricing model – OMCAZ
OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says it was expected that the Energy Regulation Board would maintain the fuel prices for January 2024. And Dr Mubanga has urged government to... […]
2 Jan 2024
|
Philip Chisalu
Govt justifies toll fee hike for heavy goods vehicles
GOVERNMENT has justified that the upward adjustment in toll fees for heavy good vehicles is necessary for it to implement a very ambitious programme to rehabilitate all major trunk, district, township and feeder roads. In... […]
1 Jan 2024
|
Mwiche Nalwimba
Kwacha is depreciating daily, inflation rise not surprising – Haabazoka
ECONOMIST Lubinda Haabazoka says it’s not surprising that the inflation rate has increased once more to 13.1 percent because the Kwacha has continued to depreciate on a daily basis. The annual inflation rate for December... […]
1 Jan 2024
|
Angela Muchinshi
There’s no load shedding, power cuts can be explained, insists Zesco
ZESCO Board Chairman Vickson N’cube says citizens will see for themselves when load shedding commences, but for now, it has not started. In an interview, Friday, N’cube said the power cuts being experienced in some... […]
1 Jan 2024
|
Philip Chisalu
ERB holds fuel pump prices, suspends monthly briefings
THE Energy Regulation Board (ERB) has maintained the fuel pump prices for January at K29.98 for petrol, K29.96 for diesel, K29.29 for Jet A1 and K20.44 for kerosene. And ERB has announced that it has... […]
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