THE Kitwe Chamber of Commerce says among the reasons for the kwacha’s depreciating is that the over K8.5 billion that NAPSA poured into the economy through partial withdrawals went as consumer spending. According to the... […]

A CEMENT trader has lamented that cement making companies continue to hike cement prices on the local market while maintaining export prices. Lusaka businessman Mike Zulu says cement making companies are exploiting the local market... […]

ECONOMIST Trevor Hambayi says the Bank of Zambia’s strategies aimed at stabilising the Kwacha against major convertibles have so far not yielded positive results. And Hambayi says government needs to create a conducive business environment... […]

THE Zambia Institute of Chartered Accountants (ZiCA) says the implementation and execution of the 2024 national budget may be affected by the prolonged debt restructuring process. ZiCA president Yande Siame Mwenye says the implications of... […]

Acting Energy Minister Gary Nkombo has expressed concern that some state and quasi-government institutions have adopted a culture of not settling electricity bills thus owing Zesco huge sums of money. Speaking when he closed the... […]

ENERGY Minister Peter Kapala says government has not reintroduced subsidies on fuel despite the Energy Regulation Board (ERB) maintaining the fuel pump prices for the second consecutive month. Last week, ERB announced that it had... […]

MINES and Minerals Development Minister Paul Kabuswe says Mopani’s new strategic equity partner International Resources Holding Limited (IRH) is coming to reset the mine’s existing relationship with Glencore because when a relationship is bad, it... […]

MIKA Meats proprietor Stephen Mikalile says despite the initial decline experienced in the demand for beef products, Mika Meats is now witnessing an increase in beef demand to levels prior to the anthrax outbreak. Responding... […]

THE Energy Regulation Board (ERB) has maintained the fuel pump prices for December at K29.98 for petrol, K29.96 for diesel, K29.29 for Jet A1 and K20.44 for kerosene. ERB also maintained the fuel pump prices... […]

RTSA and ZRA have revealed that from the 33, 045 vehicles which were reported last year not to have matching customs clearance records, 753 were established to have anomalies at importation. In a joint statement,... […]