Business

ZACCI hails soon-to-be-launched 300-megawatt Maamba plant

By Jane Chanda Zambia Chamber of Commerce and Industry (ZACCI) chief executive officer Elvin Nasilele says the announced 300-megawatt coal-powered power project launch at Maamba is a significant step towards addressing…

Support govt, PS urges marketeers

By Chinoyi Chipulu Copperbelt Province permanent secretary Augustine Kasongo has urged Zambia National Marketers Association of Zambia (ZANAMA) not to be actively involved in politics but support the government of the…

SEC’s stance against Standard Chartered applauded

By Jane Chanda Managing Director of Development Finance Company of Uganda (DFCU) Charles Mudiwa, has applauded Zambia’s Securities and Exchange Commission (SEC) for taking a strong stance against Standard Chartered.The SEC found…

Reconsider 15% export tax on emeralds, urges Kagem

By Jane Chanda Gemfields, a leading coloured gemstone producer, has urged the Zambian government to reconsider the recently reinstated 15 percent export tax on emeralds, citing concerns that it may harm…

OMCs engaging govt over fuel challenges – Mubanga

By Jane Chanda Oil Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says his association is in talks with various suppliers and the government on the fuel challenges facing…

Govt will ensure conducive business environment for Chinese – CB minister

By Chinoyi Chipulu Government says it will ensure that the business environment on the Copperbelt Province is conducive for the Chinese nationals to operate on for stronger ties with that country.And…

Dodia denounces Zambia’s energy policy as costly failure

By Jane ChandaEconomic analyst Yusuf Dodia says Zambia’s experiment with privatised energy has been a costly failure, driving up electricity costs for consumers instead of delivering promised benefits. He said the…

Kwacha decline a reflection of country’s economic struggles – FIM

By Jane Chanda FIM Partner’s head of macro-strategy, Charlie Robertson, says Zambia’s currency is vulnerable to external factors particularly, large payments for imported electricity, which could significantly impact its value.According to www.reuters.com,…

Govt prioritising debt restructuring, wage bill alarming – EAZ

By Jane Chanda Economics Association of Zambia (EAZ) says the government’s prioritisation of debt restructuring and wage bill over key economic sectors is alarming and will hinder economic growth. And EAZ says…

Consumers must prioritise essentiel spending in tough 2025 – ZACA

By Jane Chanda Zambia Consumer Association (ZACA) executive secretary Juba Sakala has urged consumers to budget effectively and prioritise essentiel spending in what appears like a tough 2025. In an…