HH won’t have time to implement what he’s learning in Egypt – PF
PF faction Deputy Secretary General Brenda Nyirenda says there will be no time for President Hakainde Hichilema to implement what he is learning in Egypt because he will be gone soon. Commenting on President Hichilema’s statement that his trip to Egypt was aimed at learning what other African countries were doing and seeing how their…...
Govt engages Dangote refinery to address fuel prices
ENERGY Minister Makozo Chikote says Nigeria’s Dangote Petroleum Refinery could play a crucial role in addressing Zambia’s energy challenges. In a statement issued, Monday, Ministry of Energy permanent secretary Peter Mumba disclosed that the government of Zambia, led by Chikote, had engaged in high level discussions with Dangote Petroleum Refinery in Nigeria, as part of…...
MET warns of widespread rainfall activities until March 5
THE Ministry of Green Economy and Environment, through the Zambia Meteorological Department (ZMD), says it has noted a Tropical Low-Pressure System over the Mozambique channel. MET says this tropical low-pressure system is projected to be around the Mozambique channel until March 5, 2025, adding that during this period, Zambia is forecast to experience widespread rainfall…...
ACC nabs its commission secretary for abuse of authority
THE Anti-Corruption Commission has disclosed that it has suspended its Secretary to Commission, Ivor Mukwanka, following his arrest on charges of abuse of authority of office. ACC says Mukwanka, 54, acquired a Commission vehicle for his personal use and benefit before authority was granted by the Director General. In a statement issued by its corporate…...
What went wrong with the export duty on precious metals?
Introduction In 2019, the government of Zambia suspended the export duty on precious metals and minerals. Among the reasons given for this decision was the need to attract investment into the mining sector and promote increased mineral exports. At the time, Zambia was facing harsh economic challenges, including low copper prices on international markets (as…...
Musokotwane outlines govt’s plan to reduce cost of borrowing from commercial banks
FINANCE Minister Situmbeko Musokotwane says among the many measures that government is undertaking to reduce the cost of borrowing from commercial banks is ensuring a reduced fiscal deficit. Dr Musokotwane says government is also focused on lowering inflation, which he says will help maintain stable interest rates and prevent lenders from demanding higher returns to…...
Victoria Falls Power Station generating maximum power – Station Manager
ZESCO’s Victoria Falls Hydro-Power Station Manager Paul Mwanza says the station is currently generating maximum power at its three stations, A, B and C, without facing any technical or engineering challenges. Victoria Falls Station A, which was commissioned in 1936, is Zambia’s oldest hydro-power station with a capacity of 8 Megawatts (MW). Stations B and…...
Farmer sues state over seized peacocks, ostriches
A FARMER has sued the state in the High Court demanding an order that he is the rightful owner and entitled to possession of the six peafowls and 10 ostriches that were seized by the Department of National Parks and Wildlife in 2022. Eddie Mushabati, trading as E.M FOWL Farm wants an order declaring that…...
Don’t eat fish from Kafue River, other polluted streams, warns govt
THE Ministry of Fisheries and Livestock has cautioned the public against consuming fish from the Kafue River and other polluted streams. Last week, government disclosed that a pollutant that was discharged by Sino Metals Leach Zambia Limited into Mwambashi River, a tributary of the Kafue River, caused damage to maize, groundnut fields and killed fish…....
Copper price collapse a major driver for 2020 external debt default – WB
THE World Bank Group (WBG) says Zambia’s population is frequently exposed to several external and internal vulnerabilities that hinder poverty reduction. WBG observes that on the macroeconomic front, the country’s economic activity is closely tied to the minerals sector, and that the collapse in copper prices in the 2010s has been a major driver of…...
