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Business
14 Oct 2023
|
Chamuka Shalubala
Zambia agrees on MoU with official creditors
THE Ministry of Finance and National Planning has announced that a Memorandum of Understanding has been agreed with Zambia’s Official Creditor Committee (OCC) on the comprehensive debt treatment agreed in June 2023. According to a... […]
13 Oct 2023
|
Ulande Nkomesha
United Capital Fertiliser flags off exports to Botswana
UNITED Capital Fertiliser (UCF) yesterday flagged off the exportation of 15,000 metric tonnes of D-compound fertiliser to Botswana for the 2023/2024 farming season. Speaking during the flag off ceremony yesterday, UCF Board Chairperson Chance Kabaghe... […]
13 Oct 2023
|
Chamuka Shalubala
PPP model is yielding desired results – HH
PRESIDENT Hakainde Hichilema says the Public Private Partnership model that the government has embarked on is yielding positive results. In a write up shared on his Facebook page, Thursday, President Hichilema said his government was... […]
13 Oct 2023
|
Chamuka Shalubala
Oct fuel prices could’ve been higher had we not cushioned them – ERB
ENERGY Regulation Board Chairperson Reynolds Bowa says the prices announced at the last fuel price review could have been higher had the board not cushioned them using funds from the strategic reserve. ERB recently adjusted... […]
13 Oct 2023
|
Ulande Nkomesha
Muleya’s appointment was through headhunt, says IDC as Lifuka demands transparency
THE Industrial Development Corporation has justified the appointment of its Chief Executive Officer Cornwell Muleya stating that the appointment process was based on merit. But Governance Activist Rueben Lifuka says IDC needed to give better... […]
13 Oct 2023
|
Mwiche Nalwimba
Vedanta is coming don’t panic, everything will be settled, Kabuswe tells contractors
MINES Minister Paul Kabuswe has told contracting companies at KCM not to panic over finances, saying when Vedanta assumes operations, such things will be a thing of the past. And Mineworkers’ Union of Zambia (MUZ)... […]
12 Oct 2023
|
Chamuka Shalubala
MOF releases K12bn to finance public service delivery
THE Ministry of Finance and National Planning has disclosed that it released K12 billion in September 2023 to finance public service delivery. In a statement, Wednesday, the Ministry stated that of the K12 billion, K3.2... […]
12 Oct 2023
|
Philip Chisalu
Financial crisis hits KCM as contractors suspend operations over debt
SOME contracting companies at Konkola Copper Mines Plc, among them Master Mine Service (MMS), have suspended operations due to non-payment of their dues. According to correspondence seen by News Diggers, MMS has suspended its services... […]
12 Oct 2023
|
Chamuka Shalubala
Don’t feel victimised when visited by law, Youth Minister warns indebted cooperatives
YOUTH, Sports and Arts Minister Elvis Nkandu says cooperatives that have failed to pay back the loans they acquired from government should not feel victimised when the law catches up with them. The Auditor General’s... […]
11 Oct 2023
|
Chamuka Shalubala
We hope to sign MoU with official creditors soon – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government is hoping to sign a Memorandum of Understanding with official creditors to restructure Zambia’s $6.3 billion debt soon. According to Reuters, the International Monetary Fund’s... […]
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