Archive: 2 January 2020
-
Saasa cautions govt to tame its appetite for debt in 2020Economist Professor Oliver Saasa has advised the Zambian government to tame its debt appetite in 2020 and cautioned it against defaults on loan repayments in the new year. Prof Saasa, the managing consultant at Premier […]
-
Kasolo was right, it’s illegal for Lungu to cut people’s salaries without their consent – WynterRainbow Party general secretary Wynter Kabimba says it is a pity that Chanda Kasolo was fired for speaking the truth because by law, no one should have their salaries reduced without consenting. And Kabimba says […]
-
Cannabis a big money spinner – ZuluLuangeni PF member of parliament Charles Zulu says the growing of cannabis for medicinal purposes will earn Zambia billions in revenues and revamp the economy. And Zulu has maintained his position on the need to […]
-
200% power tariff hike meant to fund PF’s 2021 campaign – MilupiAlliance for Democracy and Development (ADD) president Charles Milupi says the Energy Regulation Board’s (ERB) decision to hike electricity tariffs is meant to fund the PF campaigns ahead of the 2021 general election. Last week, […]
-
Lungu’s salary cuts illegal – ZCTUThe Zambia Congress of Trade Unions (ZCTU) has projected a difficult year for workers in the country following the rise in inequality and the reduced workers’ bargaining power this year. And ZCTU says President Edgar […]
-
Non-performing loans were banks’ major challenge in 2019, says BAZThe Bankers Association of Zambia (BAZ) says non-performing loans were a major challenge for the sector in 2019 despite improving to 9.1 per cent from 9.5 per cent in October. Meanwhile, the Association has urged […]
-
Only 7 of 79 proposed amendments in Bill 10 are contentious – MundubileWe have 79 amendments in Bill 10 and out of those, only seven were objected to because the other 72 were straight forward, says government chief whip Brian Mundubile. And Mundubile says enacting Bill 10 […]
-
FNB forecasts higher inflation in 2020Zambia’s annual rate of inflation is expected to remain in double-digits this year owing to the hiked electricity tariffs and fuel pump prices, says FNB Zambia. In a 2020 economic outlook released, Tuesday, FNB stated […]
-
Mabumba admits marking of G12 exams hasn’t beganMinister of General Education David Mabumba has admitted that marking of Grade 12 exams has not commenced, saying the markers were prioritizing the Grade seven and Grade nine examinations. On Monday, NDC leader Chishimba Kambwili […]
-
Amos appears in court for corruption charges in speed camera caseFormer special assistant to the President for press and public relations Amos Chanda has finally appeared in the Lusaka Magistrates’ Court on charges of corrupt practices and possession of property suspected to be proceeds of […]
