ZESCO says the 1000MW solar Power Purchase Agreement that it has signed with SkyPower Global won’t have an impact on the country’s electricity supply this year. In an interview, Zesco Spokesperson Matongo Maumbi said the... […]

THE Zambia Statistics Agency (ZamStats) says Zambia’s refined copper export earnings in March 2024 increased by 47.2 percent to K13.9 billion from the K9.5 billion recorded in February 2024. In an April Monthly Bulletin, ZamStats... […]

ENERGY Expert Johnstone Chikwanda has projected increased load shedding hours in residential areas in order to free up power to support the industries. And Dr Chikwanda has urged Zesco to consider investing in some mobile... […]

THE annual inflation rate for April 2024 has increased to 13.8 percent from the 13.7 percent recorded in March 2024. During a media briefing, Thursday, Zambia Statistics Agency (ZamStats) Statistician General Mulenga Musepa attributed the... […]

MINES and Minerals Development Minister Paul Kabuswe has confirmed that International Resources Holdings (IRH) has submitted an unsolicited bid to Vedanta to purchase shares in Konkola Copper Mines (KCM). IRH recently acquired a 51 percent... […]

GOVERNMENT says some development partners approached during the recently held Spring Meetings have indicated willingness to provide financial support to Zambia in response to the country’s appeal for emergency drought assistance. And Finance and National... […]

THE Bank of Zambia (BOZ) has announced that it has started making payments to Investrust Bank Plc clients, with the initial payment of up to K500,000 per deposit account to be made starting today, up... […]

THE Energy Regulation Board (ERB) says it has fined Taam Zambia Limited K60,000 for operating without a valid license. In a statement, ERB Public Relations Manager Namukolo Kasumpa stated that the board had also reprimanded... […]

NATIONAL Union of Miners and Allied Workers (NUMAW) president Saul Simujika says the 13 percent salary increment awarded to Mopani Copper Mines PLC unionised workers translates into about a K840 increment for the lowest paid... […]

COMMERCE, Trade and Industry Minister Chipoka Mulenga has disclosed that feasibility studies for the electric battery manufacturing plant have been concluded. In April 2022, Zambia and the Democratic Republic of Congo signed cooperating agreements to... […]