SA companies not registered with ERB included on list of fuel suppliers – OMCAZ
By Esther Chisola Oil Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says Energy minister Peter Kapala has admitted that some oil companies are not happy due the…
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Govt last month spent K7.3 billion on external, local debt repayments – Nkulukusa … K3.9 billion was spent on wage bil
l By Esther Chisola The Ministry of Finance says a sum of K7.3 billion was in the month of May 2024, disbursed towards repayment of external and local debt. Secretary…
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OMCAZ president calls for speedy exploration framework on oil deposits in Zambia
By Chinoyi Chipulu Oil Marketing Companies Association of Zambia (OMCAZ) president Dr. Kafula Mubanga, says developing an oil exploration and production policy will enhance the energy sector. Speaking in an…
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ERB places embargo on company belonging to OMCAZ president … as court rules his actions were fraudulent in related case
By Patson Chilemba The Energy Regulation Board (ERB) has placed an embargo on the operating licence for Exxon Petroleum, the company belonging to Oil Marketing Association of Zambia (OMCAZ) president…
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Copper falls below $10,000 per tonne – Mining.Com
Copper prices fell below $10,000 a metric ton as traders weighed a sharp rise in global inventories and soft US job openings data that reinforced bets that the Federal Reserve…
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Vedanta well positioned to seize India’s economic boom using metals, gas – Agarwal
By Staff Reporter Vedanta Resources chairman Anil Agarwal says as the economic growth engine gathers steam in India, the demand for commodities is set to surge, and that the mining…
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ZANACO announces upward tariff adjustments on Xapit management fees
The Zambia National Commercial Bank will effect upward tariff adjustments on the Xapit management fees, cash out and NFS Bank to mobile money transfers from the K11 they currently charge.…
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Kwacha 8th worst performing currency in the world – Bloomberg
The Kwacha is the eighth worst performing currency in the world, among those that international media organisation Bloomberg tracks. According to Bloomberg, the Kwacha has continued to weaken against the…
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Kawambwa Council embarks on K2.5 million CDF funded road
By Staff Reporter The Kawamba Town Clerk has commenced rehabilitation of the 2.5 kilometers Ntulo road funded by the Constituency Development Fund (CDF) and the local authority’s capital projects fund…
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I can’t speculate on the right person to hold govt shares – Nkulukusa
By Patson Chilemba Secretary to Treasury Felix Nkulukusa says he does not want to speculate on the issue of who should hold government shares in state assets as he is…
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