Business

Govt lying over planned load shedding, claims Mwenda

By Isaac Zulu Economic Freedom Fighters leader Kasonde Mwenda says President Hakainde Hichilema pledged to end load shedding within a year of forming government, but he has now betrayed his…

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Dodia challenges BoZ to explain Kwacha depreciation

By Mubanga Mubanga Economist Yusuf Dodia has urged the Bank of Zambia (BoZ) to explain the depreciation of the Kwacha. The Kwacha over two weeks ago was trading at K27.5…

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Remove taxes on alternative energy sources, urges Agric expert … in view of looming load shedding

By Isaac Zulu Agriculture expert Dr Oliver Bulaya says the impending load shedding by ZESCO will adversely affect the agriculture sector, saying the government should therefore reduce taxes on alternative…

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Take advantage of opportunities, Musokotwane urges private sector

By Staff Reporter Finance minister Dr. Situmbeko Musokotwane says the private sector is expected to take advantage of various economic opportunities, to deliver inclusive development, jobs and improved livelihoods of…

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FQM draws potential buyers for Zambia copper stake

By Jacob Lorinc(Bloomberg) — First Quantum Minerals Ltd. has attractedinterest from multiple parties wanting to buy a minority stakein its Zambian copper operations, as the Canadian minercontinues efforts to shore…

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Let’s introduce forex controls to stabilise prices – Sichinga

By Patson Chilemba The indiscriminate lack of control on foreign currency is the main reason behind the ever increasing DSTV and other prices in the economy, says former Commerce minister…

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Make case to triple financing basket to IDA, African Finance ministers urged

By Mubanga Mubanga An organization called ONE has urged African ministers of Finance to make a persuasive case to triple the financing basket of the International Development Association (IDA) to…

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Fuel prices adjusted downwards

By Mubanga Mubanga The Energy Regulation Board (ERB) has adjusted downwards the price of petrol from K34.19 to K31.12 effective midnight. The price of diesel has been reduced to K28.78…

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Zambia should strategically position itself to meet demand for minerals – Musokotwane

By Staff Reporter Finance minister Dr. Situmbeko Musokotwane says Zambia should be strategically positioned to meet the demands for the minerals both domestically and internationally. Speaking during a workshop on…

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Zambians anticipate up to K5 downward adjustment in fuel prices – OMCAZ

By Agness Changala If the kwacha continues on this trajectory, you do expect that there will be accrued benefits that should be able to be passed on the market, Oil…

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