Loadshedding will force companies to put factories under care and maintenance – Dodia
By Mubanga Mubanga The extended load shedding of 12 hours by Zesco may cause some manufacturers to put their factories under care and maintenance, Economist Yusuf Dodia has said. Speaking…
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Copper price hits record $11,000 a tonne … Hedge Fund manager expects price to quadruple
By Mubanga Mubanga Hedge Fund manager Pierre Andurand expects the price of copper to almost quadruple to US$40,000 a tonne in the next few years as soaring demand causes global…
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50% of our production time is affected by load shedding – Manufacturers Association
By Mubanga Mubanga The extended hours of loadshedding and inconsistent timing of power supply by Zesco is affecting us greatly, says Zambia Association of Manufactures (ZAM) president Ashu Sagar. Responding…
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ZCSA, Mongu Council confiscates K15,670 worth of undergarments in Mongu
By Mubanga Mubanga The Zambia compulsory Standard Agency (ZCSA) in collaboration with Mongu Town has seized used undergarments worth K15,670 from traders in Mongu. According to the media statement issued…
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Zesco thanks Zambians for their patience during ongoing load shedding difficulties
By Staff Reporter Zesco has thanked Zambians for their patience during these difficult times of load shedding, and announced that three ministers will tour some hydropower stations today to appreciate…
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Consider ZNS’ Eagle Alert for private security, urges Defence minister
By Mubanga Mubanga Defence minister Ambrose Lufuma has welcomed the Zambia National Service in the provision of private security citing what he described as their efficiency and professionalism. Speaking during…
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Kansanshi mine owner seeking to speed up Peru projects after Panama debacle
Canadian miner First Quantum Minerals, which lost the right to operate its copper mine in Panama last year following protests by environmental groups and a court ruling deeming its contract…
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Employers struggling to pay salaries on account of load shedding – Employers Union
By Mubanga Mubanga United Federation of Employers in Zambia (UFEZ) says the current load-shedding being experienced in the country has negatively affected members. UFEZ president Humphrey Monde told Daily Revelation…
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Zanaco increases interest rates by 1%
By Staff Reporter The Zambia National Commercial Bank has increased interest on loan facilities by 1 percent following the Bank of Zambia (BoZ) Monetary Policy Committee (MPC) statement announcing the…
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Lusaka-Ndola dual carriage way to cost 3 times cheaper – HH
By Staff Reporter President Hakainde Hichilema says the Lusaka-Ndola dual carriageway will cost three times cheaper than what the Patriotic Front (PF) was going to spend on it. And President…
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