Business

Fuel hikes will hinder economic growth – Chisanga

By Chinoyi Chipulu Economist Kelvin Chisanga says the increment in fuel prices will hinder the economic growth of the country. Speaking in Lusaka yesterday, Chisanga said this increment would swallow…

Zambia to suffer 435 megawatts energy shortage from August – Chikote

Chinoyi Chipulu Energy minister Makozo Chikote has warned of an impending power deficit of up to 435 megawatts that will hit the country starting in the month of August, 2024. Speaking…

Vedanta promises to operate with integrity, transparency

By Esther Chisola Vedanta has promised to operate with integrity, responsibility and transparency, after full management was reinstated to operate Konkola Copper Mines (KCM). Vedanta resources director corporate communication Masuzyo…

Govt targets textile industry as top priority

By Chinoyi Chipulu Small and medium enterprise development permanent secretary Subeta Mutelo says government is targeting growth in the manufacturing sector with the textiles industry being the top priority. Mutelo…

ZESCO launches Net Metering Programme to boost renewable energy adoption

By Chinoyi Chipulu ZESCO Limited has launched the Net Metering Program, set to commence on August 1, 2024, to boost renewable energy adoption in Zambia. Company spokesperson, Matongo Maumbi stated…

Tax compliance from mines worrying – ZRA

By Jane Chanda Zambia Revenue Authority (ZRA) commissioner general Dingani Banda says the level of non-tax compliance in the mining sector is sad and worrying. And Banda has disclosed that…

Zimbabwe to send 25 companies to Zambia show following increased exports

By Jane Chanda ZimTrade chief executive officer Allan Majuru says over 25 Zimbabwean companies will participate in the 96th edition of the Zambia Agricultural and Commercial Show in Lusaka, scheduled…

Time for mere rhetoric over, it’s now time to act – Musokotwane

By Jane Chanda Finance and National Planning minister Dr Situmbeko Musokotwane says Zambia’s economic transformation is crucial for building resilience to climate change and capitalising on the opportunity presented by…

Zambia is diversifying product offering in view of climate change – Tourism Agency

By Jane Chanda Zambia Tourism Agency Chief Executive Officer Matongo Matamwandi says the country’s tourism sector is adapting to the impacts of climate change by diversifying its product offerings. In…

Zambia needs urgent sustainable economic transformation – Green Economy PS

By Jane Chanda Ministry of Green Economy and Environment Permanent Secretary, Daut Chibamba, says there is urgent need for sustainable economic transformation in Zambia. Speaking at the Zambia Economic Summit …