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Business
10 Nov 2023
|
Philip Chisalu
New SRR will have negative impact on banks – BAZ
THE Bankers Association of Zambia (BAZ) says commercial banks will earn less income due to the increase in the minimum Statutory Reserve Ratio. BAZ Chief Executive Officer Leonard Mwanza says this is because banks will... […]
10 Nov 2023
|
Philip Chisalu
Feira MP has been misleading people on mining in the Lower Zambezi – Nzovu
GREEN Economy and Environment Minister Collins Nzovu has accused Feira PF MP Emmanuel Tembo of misleading people on the issue of allowing mining activities in the Lower Zambezi. On Tuesday, government disclosed that it had... […]
10 Nov 2023
|
Philip Chisalu
Introducing 20kg bag of mealie meal isn’t reducing the price – Chitotela
PAMBASHE PF MP Ronald Chitotela says the UPND government should not cheat itself that it has managed to reduce the price of mealie meal with the new 20kg breakfast mealie meal pegged at K189. But... […]
9 Nov 2023
|
Philip Chisalu
People don’t support govt’s decision to halt mining in Lower Zambezi – Feira MP
CARE for Nature Zambia has welcomed government’s move to uphold ZEMA’s decision to cancel the decision letter issued to Mwembeshi Resources Limited to conduct mining activities in the Lower Zambezi. But Feira PF member of... […]
9 Nov 2023
|
Philip Chisalu
Vedanta’s takeover of KCM should result in increased copper production – CTPD
CENTRE for Trade Policy and Development (CTPD) says the announcement of the official signing of agreements between government and Vedanta Resources is not something to be very excited about until it is executed in a... […]
8 Nov 2023
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Philip Chisalu
BoZ not resolving Zambia’s economic challenges by increasing SRR – Hambayi
ECONOMIST Trevor Hambayi says the Bank of Zambia (BoZ) is only postponing the challenges of high cost of living in the country by increasing the minimum Statutory Reserve Ratio. On Monday, BoZ announced that the... […]
8 Nov 2023
|
Philip Chisalu
Govt upholds ZEMA’s decision to cancel Mwembeshi Resources’ decision letter
GOVERNMENT says it has upheld the Zambia Environmental Management Agency’s decision to cancel the decision letter issued to Mwembeshi Resources Limited to conduct mining activities in the Lower Zambezi. Green Economy and Environment Minister Collins... […]
7 Nov 2023
|
Ulande Nkomesha
BoZ increases reserve ratio by 3% to control inflation
THE Bank of Zambia has announced that the minimum statutory reserve ratio will be increased by three percentage points to 14.5 percent from 11.5 percent with effect from Monday, November 13. The Central Bank says... […]
4 Nov 2023
|
Philip Chisalu
LCC disposes of 900 KGs of meat products amid anthrax outbreak
THE Lusaka City Council (LCC) has disclosed that it has disposed of about 900 Kilograms of assorted meat products for not meeting public health guidelines for public consumption amidst the outbreak of anthrax disease. In... […]
1 Nov 2023
|
Chamuka Shalubala
High mealie meal prices have forced us to reduce nshima sizes – Restaurant owners
SOME restaurant owners in Lusaka have lamented that the escalating mealie meal prices have forced them to reduce the quantity of nshima given to customers. Some of the businesses operating in Lusaka’s Longacres and Northmead... […]
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