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Business
6 Dec 2023
|
Laura Musukwa
ZCSA, Shiwang’andu Town Council destroy 2,251 bottles of fruit drinks
THE Zambia Compulsory Standards Agency (ZCSA) and Shiwang’andu Town Council in Muchinga Province have destroyed 2, 251 bottles of fruit flavored drinks valued at K46, 505 supplied on the market illegally. According to a joint... […]
6 Dec 2023
|
Philip Chisalu
We’ve completed fertilizer distribution for 2023/24 season – Govt
AGRICULTURE Minister Mtolo Phiri says government has completed the distribution of both Compound-D and Urea FISP fertilizer for the 2023/2024 farming season. Phiri disclosed that 99.33 percent of farmers under the e-voucher modality from six... […]
6 Dec 2023
|
Philip Chisalu
High fees at Konkola Toll Plaza are targeted at international travelers – Govt
GOVERNMENT says the charges for heavy vehicles at Konkola Toll Plaza on the Chingola-Kasumbalesa road that people are complaining about are actually targeted at international travelers who pay more when they cross over into DRC. Infrastructure, Housing and Urban... […]
6 Dec 2023
|
Prudence Chota
CEC announces registration of Zambia’s first green bond
COPPERBELT Energy Corporation Plc (CEC) has announced the registration of its first ever green bond with the Securities and Exchange Commission on the sidelines of the COP 28 Climate Summit currently being held in Dubai,... […]
6 Dec 2023
|
Ulande Nkomesha
China, Zambia relations must continue to grow – HH
PRESIDENT Hakainde Hichilema has insisted on the need to ensure that the relationship that China shares with Zambia continues to grow. Speaking when he met Bank of China Vice President Liz Jingzhen at State House... […]
5 Dec 2023
|
Philip Chisalu
NAPSA partial withdrawals have contributed to kwacha’s weakening – Mbambiko
THE Kitwe Chamber of Commerce says among the reasons for the kwacha’s depreciating is that the over K8.5 billion that NAPSA poured into the economy through partial withdrawals went as consumer spending. According to the... […]
5 Dec 2023
|
Philip Chisalu
Cement making companies exploiting local market with price hikes – Trader
A CEMENT trader has lamented that cement making companies continue to hike cement prices on the local market while maintaining export prices. Lusaka businessman Mike Zulu says cement making companies are exploiting the local market... […]
5 Dec 2023
|
Barnabas Zulu
BOZ’s strategies for stabilising Kwacha not working – Hambayi
ECONOMIST Trevor Hambayi says the Bank of Zambia’s strategies aimed at stabilising the Kwacha against major convertibles have so far not yielded positive results. And Hambayi says government needs to create a conducive business environment... […]
5 Dec 2023
|
Philip Chisalu
Prolonged debt restructuring may affect implementation of 2024 budget – ZiCA
THE Zambia Institute of Chartered Accountants (ZiCA) says the implementation and execution of the 2024 national budget may be affected by the prolonged debt restructuring process. ZiCA president Yande Siame Mwenye says the implications of... […]
4 Dec 2023
|
Prudence Chota
Some govt institutions have terrible culture of not settling Zesco bills – Nkombo
Acting Energy Minister Gary Nkombo has expressed concern that some state and quasi-government institutions have adopted a culture of not settling electricity bills thus owing Zesco huge sums of money. Speaking when he closed the... […]
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