Business

Govt must compel mines to keep money within to help strengthen Kwacha – Kateka

By Agness Changala New Heritage Party president Chishala Kateka says the government is not compelling mines to bring back the money into the country so that it can help to…

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Raising reserve ratio superficial way of stabilising Kwacha – Prof Mbolela … It’s one poor decision after another

By Agness Changala USA based Zambian professor Cecil Mbolela says the decision by the Bank of Zambia (BOZ) to raise the statutory reserve ratio is a superficial way of stabilising the kwacha. And Prof Mbolela, an Adjunct Professor…

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Kwacha in free fall because govt is using same failed formula – Kateka

By Staff Reporter The Kwacha is in free fall because the administration is continuing to do the same things which are not working, says New Heritage Party leader Chishala Kateka.…

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Raise impact of debt on Zambians, Panos urges media

By Mubanga Mubanga  Panos Institute Southern Africa executive director Vusumuzi Sifile has observed that issues of debt have not been given adequate attention by the media in Zambia.  And Sifile says his…

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Zesco determined to allow more private players in electricity supply – Mapani

By Daily Revelation Reporter ZESCO managing director says the utility firm is determined to allow more private participants in the electricity supply industry in an amenable manner because Zambia is…

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TAZARA nets in $2.5 million revenue despite not meeting targets

By Isaac Zulu The revenue for TAZARA has jumped by US$2.5 million, from $24.280 million in 2022 to $26.78 million in 2023, despite not reaching targets in terms of traffic…

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Police in Central Province confirm disappearance of truck carrying Copper worth K4.7 million

By Isaac Zulu Police have confirmed the disappearance of a truck carrying Copper worth K4.7 million, which vanished along the Kapiri Mposhi-Ndola Highway. The truck was carrying 26 tonnes of…

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60,000 Sinazongwe animals get anti-anthrax doses

By Mubanga Mubanga Sinazongwe Council chairperson Cliff Siachebweka says 60,000 animals have received anthrax doses in Sinazingwe where the disease spiked from. And Siachebweka said the district has banned the…

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We can’t reduce fuel prices because Kwacha has depreciated – ERB

Agness Changala The Energy Regulation Board (ERB) says expected benefits of the downward movement in International oil prices, have been negated by the depreciation of the kwacha against the United…

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Govt should have recapitalised Mopani instead of spending $1 billion to stabilise Kwacha – Sinkamba

By Isaac Zulu Green Party leader Peter Sinkamba says Mopani Copper Mines require over $300 million for it to become fully operational.  In an interview with Daily Revelation, Sinkamba, who worked in…

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