Business
-
Zambia, IMF reach staff-level agreement towards $1.4 billion financial supportFINANCE and National Planning Minister Dr Situmbeko Musokotwane has announced that government and the IMF mission to Zambia have reached a staff-level agreement on a programme under IMF’s Extended Credit Facility that envisages provision of... […]
-
If we increase fuel prices, it won’t be something that will knock off people’s pockets – MinisterMinister of energy Peter Kapala says the government might be able to maintain the existing fuel prices once it removes what has been identified as inefficiency costs, but if a decision to increase is made,... […]
-
Mvunga backs BoZ on its call to remove fuel, electricity subsidiesFORMER Bank of Zambia governor Christopher Mvunga has backed Dr Denny Kalyalya’s statement on the removal of fuel and electricity subsidies, saying continuing with the status quo will spell doom for the economy. Bank of... […]
-
Inflation drops to 19.3%THE Annual inflation rate for the month of November has reduced to 19.3 percent from 21.1 percent recorded in October 2021. Speaking during a media briefing, Thursday, interim statistician general Mulenga Musepa said the slowdown... […]
-
Removal of fuel subsidies will have negative repercussions on economy – OMCsOIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga has called on government to consider taking a gradual approach to the removal of fuel subsidies. Commenting on Finance and National Planning Minister Dr... […]
-
Zambia Airways says it will launch first domestic flight on December 1THE Zambia Airways national airline will commence its operations on December 1, 2021 from its hub in Lusaka to domestic destinations of Livingstone and Ndola. According to a statement issued by the management of Zambia... […]
-
Financial challenges at Zesco affecting new connections – KapalaENERGY Minister Peter Kapala says Zesco’s delay in connecting premises has been due to limited resources for the procurement of connection materials. Responding to questions in Parliament by Chienge Independent member of parliament Given Katuta... […]
-
ZRA explains challenges with VAT refundsZAMBIA Revenue Authority Commissioner General Dingani Banda says the coming in of withholding VAT will help in reducing challenges faced with VAT refunds. Speaking during the 2022 budget symposium on the Copperbelt, Saturday, Banda said... […]
-
$1m is lost per month due to damage on the Chambeshi Bridge – TAZARATANZANIA-ZAMBIA Railway Authority (TAZARA) managing director Bruno Ching’andu says about US$1 million is being lost per month as a result of the non operation of the Chambeshi bridge. Addressing the media shortly after touring the... […]
-
Zambia will launch it’s first satellite in two years, says Technology ministerMINISTER of Science and Technology Felix Mutati has revealed that government has set a target for Zambia to launch its own satellite in the next two years, in order for the country to have improved... […]
