New K500, K200 banknotes will accelerate Kwacha depreciation – Sichinga
By Jane Chanda Former commerce minister Robert Sichinga says President Hakainde Hichilema’s administration is introducing new K500 and K200 banknotes because of the Kwacha’s devaluation, a development he said will only…
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Zambia’s tourist arrivals surged by 53% to over 2m -Sikumba
By Jane Chanda The Ministry of Tourism says Zambia saw a record-breaking 53.3 percent surge in international arrivals last year, reaching over 2,100,000 visitors.Speaking at a media briefing in Lusaka yesterday,…
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K100 value eroded – BoZ Governor
By Mubanga MubangaBank of Zambia (BoZ) Governor Dr Denny Kalyalya says the bank will not allow anyone to scam it when they go to exchange old notes with new ones.Speaking during…
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USA interested in deals signed with Zambia, African countries – Trump Administration
By Jane Chanda United States of America (USA) acting deputy assistant Secretary of State Scott Woodard, has revealed that US President Donald Trump’s administration is interested in developing Africa’s mining sector,…
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BoZ introduces K500, K200 bank notes … relegates K5 to coins
By Jane Chanda The Bank of Zambia (BOZ) has introduced a new family of banknotes and coins, set to be launched on March 31, 2025. And BOZ has apologised for the current…
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Masebo must answer for K26m liability demand from drug shippers – MOHZ
By Chinoyi Chipulu Medical for Quality Healthcare in Zambia (MQHZ) director general Dr Quincy Mwabu has demanded that the government provides clarity on the issue surrounding the K26 million liability demand…
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37% of power supplied to CB mines came through imports – CEC
By Jane Chanda Copperbelt Energy Corporation (CEC) chief executive officer Mutale Mukuka says the company has supplied 37 percent of its Copperbelt mining companies through power imports.In a statement yesterday, Mukuka…
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Govt to blame for giving investors too much power – Kalesha
By Chinoyi Chipulu Emeralds and Semi-Precious Stones Association president Victor Kalesha says government is the one to blame for the bad deals with some investors because they are given too much…
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ZACA writes ZICTA to stiffen penalties against Airtel
By Jane Chanda Zambia Consumer Association (ZACA) executive secretary Juba Sakala says the association has written to the Zambia Information and Communications Technology Authority (ZICTA) to revise the current penalties and…
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Emergency tariff extension will weaken Zambia’s production capacity – Dodia
By Mubanga MubangaEconomic analyst Yusuf Dodia says the decision by the Energy Regulation Board (ERB) to extend the emergency power tariffs by Zesco for another three months will affect industries.ERB…
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