Business

Zambia needs robust rail subsector to position itself in the region – Zulu

By Isaac Zulu Railway Workers Union of Zambia (RWUZ) president Nathan Zulu says Zambia needs a robust rail sub-sector that will position the country as a regional transport and logistics…

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Sichinga questions Kwacha appreciation

By Patson Chilemba Former Commerce minister Bob Sichinga says the recent Kwacha appreciation against other major convertible currencies is artificial. “I don’t understand these guys myself because,” he said, saying…

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Situmbeko Musokotwane Has Been a Disaster for Zambia as Minister of Finance

By. Dr. Mbita Chitala Many people would disagree with my friend Laura Miti that “Musokototwane is one of the best any country could have in times like these” as reported…

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3 MINING COMPANIES REPORTED FOR ALLEGED MASSIVE TAX EVASION … It’s alleged the nation has lost US$18 million from the same

By Beatrice Chayaba Three Copperbelt-based companies have been reported to the Zambia Revenue Authority (ZRA) for alleged massive fraudulent exports of copper concentrates disguised as low value ore, occasioning a…

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FQM bemoans last 2 production years – Reuters Report

By Staff Reporter The last two production years at our Zambian operations have fallen short of our overall expectations in terms of safety and production, owners of Kansanshi and Sentinel…

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Monitor Kwacha in the next 25 days to determine real cause for appreciation, urges Dodia

By Agness Changala Economist Yusuf Dodia says he hopes the Kwacha has not appreciated because of the increase in Statutory Reserves, but as a consequence of export earnings coming in…

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Zambia losing out on 35 tonnes of lost copper production per power outage – Mining.Com

By Daily Revelation Reporter Zambia will need to stabilise the national power grid as the report last week showed that every power outage results in an average of 35 tonnes…

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I’ll not allow unlicensed foreign nationals to practice as accountants in Zambia – ZICA president

By Staff Reporter We should never allow foreign nationals who are not licensed as accountants to come here and illegally practice in Zambia, says Zambia Institute of Chartered Accountants president…

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KCM disburses over $300 million for suppliers, employees’ salaries and CSR programmes

By Staff Reporter Vedanta Resources has commenced funding to Konkola Copper Mines (KCM) and has so far disbursed over three million to pay suppliers, employees’ salaries and corporate social responsibility…

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Chief Chitambo complains of being persecuted after cancelling mine consent

By Mubanga Mubanga Chief Chitambo of the Lala people in Central Province has complained of being persecuted following his decision to cancel a mining consent issued to some prospecting miners…

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