Business

THE Energy Regulation Board (ERB) has taken enforcement action against Zesco, Uno Energies and 27 other companies for breaching licence conditions and failing to meet their statutory obligations. In a statement, Thursday, ERB Public Relations... […]

  Qualcomm Incorporated today announced the selection of 10 startups for its fourth year of the Qualcomm® Make in Africa Mentorship Program. This initiative is part of the Qualcomm Africa Innovation Platform, which supports the […]

MINES and Minerals Development Minister Paul Kabuswe says Zambia produced about 1,401 tonnes of cobalt from 2019 to 2024. Kabuswe adds that the country exported about 1,876.7 tonnes of cobalt during the same period. He... […]

THE Zambia Development Agency (ZDA) has approved a new $600,000 loan facility under the Zambia Export Development Fund (ZEDF) to support businesses involved in exporting Zambian products. ZDA adds that of the amount, about $400,000... […]

CENTRAL Province Permanent Secretary Dr Milner Mwanakampwe says all things being equal, Mulungushi Textiles will reopen on April 14 but will begin with an eight-hour shift. In an interview, Tuesday, Dr Mwanakampwe said the facility... […]

ECONOMIST Dr Esther Banda has called on government to extend tax exemption to kerosene in order to support low-income households. She argues that failure to do so will increase poverty levels, considering that kerosene prices... […]

THE Securities and Exchange Commission (SEC) has projected market growth to five million people from the current 1.7 million over the next 10 years. SEC adds that it has waived fees to zero cost for... […]

PRESIDENT Hakainde Hichilema has cautioned farmers against selling their produce to “briefcase buyers” with unfair prices. The Head of State says farmers must protect their harvest for national food security and reserve the surplus for... […]

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says if government did not suspend import duty, fuel prices would have spiked to levels that would have negatively affected the economy. And Dr Musokotwane says government... […]

ERB Director General Engineer Elijah Sichone says Zambia could lose about $61 million in tax revenue following government’s suspension of Excise Duty and zero-rating of VAT on petrol and diesel. However, Sichone says had it... […]