Business

KWACHA HEADING TOWARDS K18 TO US$ 1

By Kamuti Muyambela The local currency has continued depreciating against the United States Dollar and other major convertible currencies. The Kwacha is now heading towards K18 to US$ 1, selling…

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MUSOKOTWANE SAYS GOVT HAS NO PLANS TO REDUCE TOLL FEES…castigates PF for awarding each other road contracts in a wild manner

Merlyn Mwanza Finance minister Dr Situmbeko Musokotwane says government has no plans to reduce the toll fees paid by motorists, saying the UPND never promised to do so. And Dr…

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OUR TRADE AND INVESTMENT ENVIRONMENT READILY AVAILABLE, HH TELLS UK MPs, BUSINESSES

Zambia’s trade and investment environment is readily available, President Hakainde Hichilema has told UK parliamentarians and businesses. In order for us to set our Country on the right path of…

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NO OUTSIDER WILL BE GIVEN CONTRACTS TO DO WORKS AT CONSTITUENCY LEVEL – HH … we have been seeing foreigners constructing a small toilet in a constituency, that’s a joke!

By Daily Revelation reporter Republican President Hakainde Hichilema says no one coming outside the constituency will be given contract to do works. And President Hichilema said he does not subscribe…

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IT’S A BOLD BUDGET, SAYS MAGANDE

By Patson Chilemba Former Finance minister Ng’andu Magande has described as bold the K173 national budget, that he says carries with it matters that have never been done before. In…

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TWO ADDITIONAL PRIVATE RAIL OPERATORS TO START OPERATIONS ON TAZARA RAIL

By Isaac Zulu Management at the Tanzania-Zambia Railway Authority has disclosed that two additional private rail operators will commence operations on the TAZARA rail track. This came to light during…

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FORM COOPERATIVES & BENEFIT FROM GOVT EMPOWERMENT PROGRAMMES, UPND URGES YOUTHS

By Isaac Zulu Young people should form cooperatives so that they can start benefiting from the empowerment programmes that will be rolled out soon by the UPND government, Hastings Mulimba…

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MILES WONDERS WHETHER ZAMBIA IS BEING SURRENDERED TO ‘BLUE-EYED BOYS’…but Musokotwane argues PF surrendered country’s sovereignty with over-borrowing

Merlyn Mwanza The PF undermined Zambia’s sovereignty and that is why we have gone back to the IMF, says Finance minister Dr Situmbeko Musokotwane. Responding to the question by Matero…

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ZAMBIANS MORE POORER NOW THAN 10 YEARS AGO…external debt stands at $14.48 billion, says Musokotwane

By Merlyn Mwanza  Finance minister Dr Situmbeko Musokotwane says Zambia’s debt (including the one contracted by quasi government institutions) currently stands at US$ 14.48 billion, with the economy expected to…

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KWACHA CONTINUES DEPRECIATING AGAINST MAJOR CURRENCIES

By Kamuti Muyambela The Zambian Kwacha has continued its recent depreciation against the United States Dollar, breaching the K17 to $1 psychological barrier in several Bureau De Change outlets. Other…

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