Business
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Govt will stop being involved in fuel procurement next year – KapalaENERGY Minister Peter Kapala says government will next year stop getting involved in the procurement of petroleum products and will simply be regulating the industry and collecting tax. Last week, the Energy Regulation Board increased... […]
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Lsk motorists flood filling stations as ERB hike fuel pricesTHE Energy Regulation Board (ERB) has increased the retail fuel pump prices by K3.54 for petrol and K4.56 for diesel effective midnight, December 16. Petrol has been adjusted from K17.62 to K21.16 while Diesel has... […]
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Zesco says it loses K7.8m to vandalismZESCO Limited public relations manager Hazel Zulu has revealed that the power utility company has lost over K7,800,000 to vandalism from the first to the third quarter of 2021. In a statement, Tuesday, Zulu stated... […]
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It’s premature to determine if removal of subsidies will be detrimental to the country – FundangaFORMER Bank of Zambia (BoZ) governor Dr Caleb Fundanga says it is premature to determine if the removal of subsidies will be detrimental to the country. And Dr Fundanga says the PF had no credibility... […]
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HH urges lenders to consider giving credit at affordable ratesPRESIDENT Hakainde Hichilema has urged financial lenders in the country to consider giving credit to individuals and institutions at affordable rates in order to attract more clients. And President Hichilema has announced that the Local... […]
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Kapala unveils new ERB BoardENERGY Minister Peter Kapala has unveiled a seven member Energy Regulation Board of Directors, among them Noel Nkhoma and Lusaka Lawyer Gilbert Phiri. And Kapala says the removal of subsidies does not mean that life... […]
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Govt, IMF talks stirring investor confidence in Zambia – WoolleyBRITISH High Commissioner to Zambia Nicholas Woolley says the continued talks between the Zambian government and the International Monetary Fund (IMF) are stirring investor confidence in the country. In an interview, Woolley said the talks... […]
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Kwacha appreciation caused by positive sentiments resulting from IMF talks – KanyamaECONOMIST Chibamba Kanyama says the appreciation of the Kwacha has been caused by sentiments as a result of the country’s discussions with the International Monetary Fund (IMF). According to the Bank of Zambia, yesterday the... […]
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There is nothing that we can do, the price of oil has gone up – MusokotwaneFINANCE and National Planning Minister Dr Situmbeko Musokotwane says it is unreasonable to expect fuel pump prices to remain the same when the international prices have gone up. In an interview, Friday, Dr Musokotwane said... […]
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Mundende gets the bootTHE Board of Directors of ZESCO has with immediate effect terminated the contract of the company Managing Director, Victor Mundende. In a statement, Friday, Industrial Development Corporation (IDC) Head Corporate Communication Namakau Mukelabai announced that […]
