Business

Lufuma welcomes Mwenda’s move to report Eagles smuggling to ACC

By Staff Reporter Economic Freedom Fighter (EFF) leader Kasonde Mwenda yesterday said he has furnished the Anti-Corruption Commission (ACC) with video evidence showing Eagles mealie meal being allegedly smuggled into…

Businesses discuss impact of Kwacha depreciation on their operations

By Staff Reporter Businesses have given an account of the impact the depreciating Kwacha is having on their businesses. The local currency has reached a record low of K27.3 and…

Govt to present re-aligned budget in next parly session

By Mubanga Mubanga Finance and National Planning Dr. Situmbeko Musokotwane says the government will present the re-aligned budget which has been necessitated by the drought in the next Parliament session…

Zambia, Türkey sign MoU aimed at enhancing grain processing

By Daily Revelation Reporter The Citizen Economic Empowerment Commission of Zambia (CEEC) has signed a Memorandum of Understanding (MOU) with Ana Milling, a Turkish manufacturer of milling equipment, aimed at…

Kwacha fast approaching K28 to US$1 … Further threatening to worsen cost of living in the country

By Mubanga Mubanga The Zambian Kwacha has weakened further against the United States Dollar and other major convertible currencies. The local currency is now trading at K27.3 and K27.4 for…

Copper supply gap to reach 10 million tonnes in 6 years

Copper demand is projected to surge in the coming decades, with the transport sector alone expected to increase demand by 11.1 times by 2050 from 2022. According to Bloomberg, additionally, demand…

Copper up 17% in 2024

By Staff Reporter Copper prices have risen by 17 percent in 2024 with the commodity now trading at almost US$10,000 a tonne on the London Metal Exchange yesterday. According to…

Govt may introduce measures to stop consumer exploitation – Commerce minister

By Mubanga Mubanga Government will be forced to put in place measures to stop consumer exploitation by traders, commerce minister Chipoka Mulenga has said. In an interview, Mulenga decried the…

Anglo’s Handa, Arc obtain stay against bailiffs seizure of their US $650,000 assets

By Patson Chilemba The Lusaka High Court has stopped the seizure by Bailiffs of Anglo American’s Handa Resources and Arc Minerals’s assets following their payment default of $650,000 to Zambia…

Reintroduce subsidies to fight inequality – Ngalande

By Mubanga Mubanga Fight Inequality Alliance (FIA) Zambia, says the removal of subsidies on energy and subsequent increase in electricity tariffs and fuel pump prices will perpetuates inequality. FIA Zambia…