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Govt must improve regulation of small-scale mining – CTPDThe Centre for Trade Policy and Development (CTPD) has called on government to improve regulation of the artisanal and small-scale mining sector in Zambia and formalize it to limit its rapid spread. Government has acknowledged […]
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Kwacha to average K13.28 per dollar in 2020 – EIUThe kwacha should be expected to remain volatile in 2020, trading at an average K13.28 against the United States dollar, says the Economist Intelligence Unit (EIU). And the EIU says Foreign Direct Investment (FDI) coming […]
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Minister tells ZICTA to sanction Airtel, others for poor serviceTransport and Communications Minister Mutotwe Kafwaya has challenged ZICTA to up its game in meting out sanctions on any telecommunications company that fails to provide high quality service to consumers. And Airtel Zambia Plc has […]
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Lungu orders 15% salary cutPresident Edgar Lungu has announced the reduction of his salary and that of his Cabinet between a range of 15 and 20 per cent, with savings realized due to be allocated towards cushioning the vulnerable, […]
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Junior officers fuelling fraud in Zambia’s health, education sectors – PwCZambia’s health and education sectors still remain the highest risk and most vulnerable to both procurement fraud and misappropriation of cash, with junior officers cited as the worst culprits of the vice, a new PriceWaterHouse […]
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U.S. govt doesn’t plan on immediately replacing Foote – BloombergThe United States government does not plan on sending an immediate replacement to replace US Ambassador to Zambia Daniel Foote after it decided to withdraw him from the country, Bloomberg reports, citing a source familiar […]
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Zambia under sanctions, as govt admits defaulting loan repaymentThe African Development Bank (AfDB) has put Zambia under sanctions for failing to repay its loans contracted to implement various developmental programmes, according to the Ministry of Finance. In a statement released, Tuesday, the Ministry […]
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BoZ suspends Esna Bureau’s licence for breach of regulationsThe Bank of Zambia (BoZ) has suspended Esna Bureau de Change Limited’s licence for six months until June 1, 2020 due to the company’s breach of the Banking and Financial Services (Bureau de Change) Regulations. […]
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ZAFFICO targets LuSE listing on Feb 7The Zambia Forestry and Forest Industries Corporation (ZAFFICO) Plc is planning on listing and trading on the Lusaka Stock Exchange (LuSE) on February 7, 2020, having officially opened an Initial Public Offering (IPO) of 160 […]
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KCM will employ 100 new workers – MilingoKonkola Copper Mines (KCM) Plc provisional liquidator Milingo Lungu says the mining company intends to employ over 100 operators in processing plants at its Nchanga Business Unit in Chingola. In a statement, Monday, Milingo stated […]
