Business

Robust transport sector key to Zambia’s economic aspirations – Economist

By Jane Chanda Economist Kelvin Chisanga say Zambia’s economic aspirations can only be achieved through a robust transport sector, particularly a well-developed road infrastructure network. “Zambia’s strategic location as a…

NAPSA to invest $200 in Maamba Collieries Phase II Project

By Jane Chanda The National Pension Scheme Authority (NAPSA) says it will invest up to $200 million in financing towards the Maamba Collieries Phase II Project, estimated to cost $400…

Vedanta being de-merged into 6 different companies – Agarwal

By Jane Chanda Vedanta chairman Anil Agarwal has announced that the company is being demerged into six different companies, according to the Business Standard of India. Addressing shareholders during the…

Traders at COMESA Market mourn destruction of their shops

By Esther Chisola Traders at COMESA market in Lusaka on Saturday woke up to a rude shock when Lusaka City Council (LCC) demolished their shops. One of the affected traders…

Appropriate resources properly for local govt to help address challenges – Councilor

By Jane Chanda Kamwala ward councilor Mainda Simataa says local governance can help the central government in addressing the high cost of living if resources were appropriated properly. In an…

Govt fast-tracking water projects for commissioning this year – Nzovu

By Jane Chanda Minister of Water Development and Sanitation Collins Nzovu says the treasury has allocated funding to pay contractors and fast-track some water projects to ensure completion and commissioning…

Over 2000 jobs on the line after 15 manganese mines close from loadshedding

By Chinoyi Chipulu Mine, Contractors, Factory, and Allied Workers Union President Joseph Kasonka says Zesco’s failure to implement an equal distribution of power to factories has led to the closure…

BoZ discussing restrictions on foreign currency usage – Musokotwane

By Chinoyi Chipulu ZMinister of Finance and National Planning Dr Situmbeko Musokoswane says the Bank of Zambia (BoZ) is holding discussions with stakeholders on the restriction of the use of…

Increase gold reserves to achieve economic stability – Economists

By Jane Chanda Economist Emmanuel Zulu has urged the government to increase its gold reserves and back the Kwacha with the precious metal to achieve economic stability and combat inflation.…

Power rationing greatly hampering poultry production – PAZ

By Jane Chanda The Poultry Association of Zambia (PAZ) says the industry is grappling with numerous challenges among them, power rationing, high input costs, and scarce raw materials, which are…