Business

Disruptions in SA, Mozambique constraining Zesco from sticking to supply timetable – Loongo

By Mubanga Mubanga Zesco acting managing director Justin Loongo said the company was facing occasional constraints at the source of import of power and this is resulting in them failing…

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Drought has worsened energy crisis – ZACCI

By Jane Chanda Zambia Chamber of Commerce and Industry (ZACCI) president Anthony Kabaghe says the recent drought conditions have exacerbated the energy crisis, with profound impacts on industrial output and…

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Sunday hails K5b stability facility … it must be implemented transparently

Jane Chanda  Kanchibiya Constituency member of parliament Sunday Chanda says the K5 billion Stability and Resilience Facility (SRF) launched by the Bank of Zambia (BoZ) is a proactive step towards addressing…

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High PAYE, rising cost of living concerning – ZCTU

  By Jane Chanda  Zambia Congress of Trade Unions (ZCTU) president Blake Mulala says wage stagnation, high taxation under the Pay As You Earn (PAYE) regime, coupled with the rising…

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Suspension of Kagem operations to result in job losses – Mbewe

By Jane Chanda Fine Jewelry and Gems chief executive director and Gem Cutter, Joseph Mbewe, says the decision by Kagem Mining to suspend its operations for six months will have…

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Zambia, SFD sign additional loans aimed at improving health care

By Jane Chanda  Minister of Finance and National Planning Dr. Situmbeko Musokotwane says Zambia has signed two significant agreements with the Saudi Fund for Development (SFD), marking a major milestone…

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Zambia’s 2024 economic performance satisfactory – Finance Ministry

By Jane Chanda  Ministry of Finance and National Planning(MOFNP) director of economic management Akapelwa Imwiko, says Zambia’s economic performance in 2024 has been satisfactory despite global and domestic challenges, largely…

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2024 among the most difficult years for Zambians – Dodia

By Esther Chisola Economist Yusuf Dodia has described 2024 as one of the most difficult years which saw the country having two supplementary budgets, among other challenges. Speaking with Daily…

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Zambia has fuel stocks to last about 7 days – ERB

By Mubunga Mubanga Energy Regulations Board (ERB) director general Elijah Sichone says the country has fuel stocks to last for about seven days. Addressing the media together with oil marketing…

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ZAM denounces hiked council fees, rates amidst economic downturn

By Jane Chanda  Zambia Association of Manufacturers (ZAM) president, Ashu Sagar, says the recent arbitrary increases in council fees and rates by municipalities, particularly in Lusaka, are imposing a significant…

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