Business
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High inflation is forcing people to become vegetarian – Prof SaasaECONOMIST Professor Oliver Saasa says the rising inflation rate is forcing people to become vegetarians. And Professor Saasa says the current political instability is a major contributor to the rising inflation which has continued on... […]
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IDC says Mpulungu Harbour has declared 2.4 million dividendTHE Industrial Development Corporation (IDC) says Mpulungu Harbour Corporation Limited has declared K2.4 million dividend to its shareholder In January this year, IDC wrote to Mpulungu Harbour Corporation Limited requesting for a K5 million loan.... […]
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Banks recorded impressive profitability in the first quarter of 2021 – MwanzaBankers Association of Zambia (BAZ) chief executive officer Leonard Mwanza says the banking sector has recorded impressive profitability during the first quarter of 2021. In an interview, Tuesday, Mwanza said most regulatory targets were met... […]
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Govt’s debt service hits K10.1bn in 5 monthsGOVERNMENT has spent K10.1 billion on debt service in the last five months from January to May 2021, representing 20.2 percent of the total expenditure. According to a Treasury Brief, Friday, Secretary to the Treasury... […]
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I am of the view that govt is not servicing any external debt – KanyamaECONOMIST Chibamba Kanyama has expressed concern over government’s commitment to service the external debt. On Friday, Secretary to the Treasury Fredson Yamba disclosed that government spent K10.1 billion on debt service from January to May... […]
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Common Carrier Statutory Instrument is tantamount to expropriation – MilupiALLIANCE for Democracy and Development (ADD) leader Charles Milupi says the introduction of Statutory Instrument No. 24 is tantamount to expropriation. Commenting on Zesco’s recent statement that SI 24 would create a more liberalised and... […]
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SI No. 24 will create a more liberalised and open electricity sector – ZescoZESCO Limited says the introduction of Statutory Instrument No. 24 will create a more liberalised and open electricity sector that enables players in the sector to supply electricity to any customer on agreed and transparent... […]
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Zambia has enough fuel, assures ERBTHE Energy Regulation Board (ERB) has assured that Zambia has enough fuel to last for over two weeks should borders be circumstantially closed. ERB Director General Langiwe Lungu said members of the public should not... […]
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OMCs attribute fuel shortage to price hikes at ports of dischargeOIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga has attributed the prevailing shortage of fuel to product hikes at ports of discharge. And Dr Mubanga says the suspension of Value-Added Tax (VAT)... […]
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It doesn’t make sense that copper prices are going up but cost of living is worsening – DodiaZAMBIA’s cost of living has continued to soar despite copper prices being the highest the country has ever recorded, currently at US$10,000 per metric tonne. According to the Zambia Statistics Agency monthly bulletin, the country’s... […]
