Business

Energy expert expects further reduction in fuel prices

By Jane Chanda  Energy expert Boniface Zulu says he expects a further reduction in fuel prices due to the newly implemented Open Access policy, which enables various players in the…

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Miners leader complains about outsourcing of labour in Chinese companies

By Jane Chanda  Vice President Mutale Nalumango said the government is providing affordable finance through the Citizens’ Economic Empowerment Commission (CEEC) and the enhanced Constituency Development Fund (CDF) aimed at…

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Vedanta weighs US listing to raise $1 billion for Zambian copper assets

Vedanta is considering a U.S. public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1 billion for mine development, three…

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Musokotwane highlights challenges with non-bonded commercial creditors

By Staff Reporter Finance minister Dr Situmbeko Musokotwane says Zambia has encountered significant challenges in coordinating non-bonded commercial creditors, resulting in lengthy negotiating processes. Speaking during the G-20 Global Sovereign…

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NCZ to increase fertilizer production by over 600% – Kafue MP

By Mubanga Mubanga Kafue member of parliament Mirriam Chonya has disclosed that Nitrogen Chemicals of Zambia (NCZ) will increase fertilizer production capacity from the current 70,000 tonnes to 432,000 tonnes…

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Kwacha to remain under stress through 2025 – PricewaterhouseCoopers

By Jane Chanda  PricewaterhouseCoopers (PwC) says the Kwacha is expected to remain under stress throughout 2025, with little likelihood of a significant rebound. In an interview with Daily Revelation yesterday,…

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Engage qualified engineers for quality assurance – EIZ 

By Jane Chanda  The Engineering Institute of Zambia (EIZ) has warned its members against compromising professional ethics in the execution of their duties, citing concerns over reports of some engineers…

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Zambia’s economic upgrade to enhance investor confidence, lower borrowing rates – Haabazoka 

By Jane Chanda  Economist Dr. Lubinda Haabazoka says Moody’s recent upgrade of Zambia’s economic outlook from stable to positive will enhance investor confidence and result in lower borrowing costs. In…

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BAZ hopeful high interest rates will lower 

By Jane Chanda  The Bankers Association of Zambia (BAZ) has  expressed optimism that interest rates would improve as inflation comes under control. Speaking during the town hall forum on the…

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Musokotwane hails Moody’s positive credit rating of Zambia

By Jane Chanda  Finance and National Planning Minister Dr. Situmbeko Musokotwane has expressed optimism about Zambia’s economic prospects, citing the recent upgrade of the country’s outlook from negative to positive…

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