Business

Chingola council disburses K7 million to pay 35 retirees

By Jane Chanda  Chingola Municipal has disbursed K7 million in terminal benefits to 35 retired employees. In a statement, council assistant public relations manager Evelyn Mulenga, announced the disbursement. “We are thrilled…

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Zambia must use prevailing situation to reduce dependence on hydro-powered energy – EIZ

By Jane Chanda  The Engineering Institution of Zambia (EIZ) says the country must take advantage of the prevailing situation with loadshedding to reduce reliance on hydro-powered generated energy. EIZ president…

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Zambia’s Tech Industry set for growth, says Tech Trends CEO

By Jane Chanda  Tech Trends Zambia chief executive officer Sandi  Chimpala says the country’s tech industry is poised for significant growth, driven by advancements in key sectors such as fintech,…

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Loadshedding forces Star Milling to temporarily shut down operations … We are making huge loses – Muhammad

By Chinoyi Chipulu Star Milling Plant marketing manager Ibrahim Muhammad says loadshedding has forced the company to temporarily shut down operations as it is making a huge loss. Speaking in…

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Chinese national burns house belonging to Zambian over mineral stone

By Chinoyi Chipulu A Chinese national has been arrested in Lufwanyama district for allegedly burning a house of a Zambian, after his son stole a mineral stone. Copperbelt police commanding…

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EAZ argues inflation largely influenced by external factors … Backs BoZ for maintaining MPR at 13.5%

By Jane Chanda  The Economics Association of Zambia (EAZ) has backed the Bank of Zambia for Maintaining the monetary policy rate at 13.5 percent, arguing that inflationary pressures are largely…

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Zambia’s participation in international carbon markets crucial – PS

By Jane Chanda  Ministry of Green Economy and Environment (MGEE) permanent secretary Dr. Douty Chibamba says Zambia’s participation in international carbon markets is crucial for meeting Nationally Determined Contributions and…

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Decision to maintain policy rate necessary for stability – Economist

By Jane Chanda  Economist Shenford Siamutwa says the Bank of Zambia (BOZ)’s decision to maintain the Monetary Policy Rate at 13.5 percent is a delicate balance between controlling inflation and…

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Energy crisis poses threat to economic recovery – Accountants

By Jane Chanda The Zambia Institute of Chartered Accountants (ZICA) president Yande Siame Mwenye has urged the government to address the energy crisis in Zambia promptly, warning that it directly impacts…

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Chamber of Commerce hails swift resumption in Zambia-DRC trade

By Jane Chanda  Zambia Chamber of Commerce and Industry president Anthony Kabaghe says the swift mediation by the government leading to the resumption of trade between Zambia and the Democratic…

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