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Business
ZRA exceeds 2024 Q1 revenue target by K339m
THE Zambia Revenue Authority (ZRA) says it collected a total revenue of K28,469.1 billion against the K28,129.9 billion target for the first quarter of 2024. ZRA says the collection indicates that the authority exceeded its... […]
Reported fuel shortage due to logistical challenges faced by OMCs – ERB
THE Energy Regulation Board (ERB) says it regrets the intermittent supply of diesel currently being experienced at some filling stations in some parts of the country. ERB says the purported localised fuel shortage may be... […]
Govt must stop giving mining licences to foreigners – Andyford
PEOPLE’s Alliance for Change (PAC) president Andyford Banda has urged government to stop awarding mining licences to foreigners so that the country can leverage the anticipated demand for rare minerals. And Banda says the UPND... […]
WCFCB denies slashing financial commitment for Lusaka-Ndola highway
THE Workers’ Compensation Fund Control Board (WCFCB) has refuted claims suggesting a reduction in its financial commitment towards the construction of the Lusaka-Ndola dual carriageway. Some netizens have alleged that WCFCB would only inject $50... […]
Zambia signs deal to import more power from Mozambique
ZESCO has signed a power deal with EDM, Mozambique’s state-owned electricity company, which will enable the power utility firm to import 90 megawatts of power. And Zesco board chairperson Vickson Ncube says it is unfortunate... […]
Delay in restoring power after load shedding due to unforeseen challenges – Zesco
ZESCO has attributed the delay in restoring power in some areas after load-shedding to unforeseen technical challenges, among other factors. And Zesco says it will conduct a review of the performance of the staggered load-shedding... […]
Investrust has been problematic, it got into serious issues during PF – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says Investrust Bank PLC has been quite problematic, noting that it got into serious problems during the Patriotic Front’s tenure. And Dr Musokotwane has reassured those who... […]
Govt’s decision to secure procurement of cheaper fuel excites OMCAZ
OIL Marketing Companies Association of Zambia (OMCAZ) president Kafula Mubanga has welcomed government’s decision to secure the procurement of petroleum products for the month of May 2024, which are K7 less in fuel pump price.... […]
Govt must relax taxes – Banda
FORMER Kasenengwa PF MP Sensio Banda says he doesn’t expect government to further burden citizens with taxes in the 2025 national budget. Banda has encouraged citizens and other stakeholders to ensure that they participate in... […]
Bondholders have written off $840m says Nkulukusa as govt unpacks agreement contents
SECRETARY to the Treasury Felix Nkulukusa has unpacked some of the contents of the debt restructuring agreements, revealing that official creditors have not given any hair cut while the bondholders have written off $840 million.... […]
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