Business

MILES WONDERS WHETHER ZAMBIA IS BEING SURRENDERED TO ‘BLUE-EYED BOYS’…but Musokotwane argues PF surrendered country’s sovereignty with over-borrowing

Merlyn Mwanza The PF undermined Zambia’s sovereignty and that is why we have gone back to the IMF, says Finance minister Dr Situmbeko Musokotwane. Responding to the question by Matero…

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ZAMBIANS MORE POORER NOW THAN 10 YEARS AGO…external debt stands at $14.48 billion, says Musokotwane

By Merlyn Mwanza  Finance minister Dr Situmbeko Musokotwane says Zambia’s debt (including the one contracted by quasi government institutions) currently stands at US$ 14.48 billion, with the economy expected to…

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KWACHA CONTINUES DEPRECIATING AGAINST MAJOR CURRENCIES

By Kamuti Muyambela The Zambian Kwacha has continued its recent depreciation against the United States Dollar, breaching the K17 to $1 psychological barrier in several Bureau De Change outlets. Other…

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DEVELOPMENT PARTNERS BECAME ALARMED AT PF GOVT’S DISDAIN FOR INTEGRITY, ACCOUNTABILITY, SAYS FORMER IRISH AMBASSADOR

By Merlyn Mwanza  Former Irish Ambassador to Zambia Bill Nolan says Zambia’s development partners became alarmed by Edgar Lungu’s PF government’s disdain for accountability and lack of integrity. In his…

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MUSOKOTWANE’S APPOINTMENT SHOWS DIRECTION ZAMBIA IS TAKING – RUPIAH

By Patson Chilemba  The appointment of Situmbeko Musokotwane as Finance minister shows the direction we are going as a nation, says fourth Republican president Rupiah Banda. And president Banda says…

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SITUMBEKO KNOWS TECHNICALITIES OF HIS JOB, SAYS MAGANDE

By Staff Reporter Former Finance minister Ng’andu Magande says new Finance minister Dr Situmbeko Musokotwane is an experienced man who knows the technicalities of the job he has been appointed…

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I’M OPTIMISTIC…we should expect the very best from HH, says Dr Fundanga

By Patson Chilemba  Former Bank of Zambia governor Dr Caleb Fundanga says he expects a very business friendly policy environment from President-elect Hakainde Hichilema’s government. Speaking with Daily Revelation, Dr…

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GOVT WILL NOT HESITATE TO TERMINATE LOCAL CONTRACTORS, WARNS PS

By Isaac Zulu Central Province permanent secretary Bernard  Chomba has expressed disappointment at the work attitude by local contractors that have been engaged to work on township roads I the…

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ZIMBABWE OPENS VICTORIA FALLS, KAZUNGULA BORDERS TO VACCINATED TOURISTS

Victoria Falls and Kazungula border posts have opened for fully vaccinated tourists in a move aimed at reviving the tourism sector, which has been hardest hit by the Covid-19 pandemic…

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GOVT AWARDS K600 MILLION CONTRACT FOR FEEDER ROADS TO ZAMBIAN CONTRACTORS

By Daily Revelation Correspondent  Rehabilitation of a total of 536 kilometers of feeder roads in Kapiri Mposhi district has commenced.  The government through the Ministry of Local Government has awarded…

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