Business

Let’s introduce forex controls to stabilise prices – Sichinga

By Patson Chilemba The indiscriminate lack of control on foreign currency is the main reason behind the ever increasing DSTV and other prices in the economy, says former Commerce minister…

Make case to triple financing basket to IDA, African Finance ministers urged

By Mubanga Mubanga An organization called ONE has urged African ministers of Finance to make a persuasive case to triple the financing basket of the International Development Association (IDA) to…

Fuel prices adjusted downwards

By Mubanga Mubanga The Energy Regulation Board (ERB) has adjusted downwards the price of petrol from K34.19 to K31.12 effective midnight. The price of diesel has been reduced to K28.78…

Zambia should strategically position itself to meet demand for minerals – Musokotwane

By Staff Reporter Finance minister Dr. Situmbeko Musokotwane says Zambia should be strategically positioned to meet the demands for the minerals both domestically and internationally. Speaking during a workshop on…

Zambians anticipate up to K5 downward adjustment in fuel prices – OMCAZ

By Agness Changala If the kwacha continues on this trajectory, you do expect that there will be accrued benefits that should be able to be passed on the market, Oil…

Zambia needs robust rail subsector to position itself in the region – Zulu

By Isaac Zulu Railway Workers Union of Zambia (RWUZ) president Nathan Zulu says Zambia needs a robust rail sub-sector that will position the country as a regional transport and logistics…

Sichinga questions Kwacha appreciation

By Patson Chilemba Former Commerce minister Bob Sichinga says the recent Kwacha appreciation against other major convertible currencies is artificial. “I don’t understand these guys myself because,” he said, saying…

Situmbeko Musokotwane Has Been a Disaster for Zambia as Minister of Finance

By. Dr. Mbita Chitala Many people would disagree with my friend Laura Miti that “Musokototwane is one of the best any country could have in times like these” as reported…

3 MINING COMPANIES REPORTED FOR ALLEGED MASSIVE TAX EVASION … It’s alleged the nation has lost US$18 million from the same

By Beatrice Chayaba Three Copperbelt-based companies have been reported to the Zambia Revenue Authority (ZRA) for alleged massive fraudulent exports of copper concentrates disguised as low value ore, occasioning a…

FQM bemoans last 2 production years – Reuters Report

By Staff Reporter The last two production years at our Zambian operations have fallen short of our overall expectations in terms of safety and production, owners of Kansanshi and Sentinel…