Business

ZIMBABWE TO IMPORT POWER FROM ZAMBIA … as Zesco starts effecting 6-hr daily load-shedding this week

By Merlyn Mwanza Zimbabwe plans to import 500MW of power from neighbouring Mozambique and Zambia, but crisis-hit South Africa is also competing for the same power to shore up its shortfall,…

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EUROPEAN RECESSION CONTRIBUTING TO KWACHA DEPRECIATION, SAYS DODIA

By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has attributed the depreciation of the Kwacha against major convertible currencies to low foreign income from the mining sector arising…

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ALLOW THOSE WITH MANDATE TO LEAD, URGES MINING EXPERT

By Isaac Zulu Mining expert Victor Kalesha has said that the newly introduced royalty tax model at Kansanshi Mine should not be politicised. Kalesha, in an interview, commended government for…

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MOPANI, KCM NOW ON VERGE OF COLLAPSING, SAYS SINKAMBA

By Isaac Zulu Green Party leader Peter Sinkamba has said that both Mopani Copper Mines and Konkola Copper Mines are almost on the verge of collapsing. In an interview, Sinkamba…

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ZAMBIA WILL REAP REWARDS FROM VISA FEE REMOVAL, SAYS DODIA

By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has said that the removal of visa fees from selected countries is a well thought out strategy by the UPND…

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WE ARE HIGHLY INDEBTED AND CAN’T DO EVERYTHING AT ONCE, SAYS MUSOKOTWANE

  By Merlyn Mwanza Finance minister Dr Situmbeko Musokotwane says Zambia is a highly indebted country with limitless needs which cannot be fulfilled at once. Responding to a question in…

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FISP DELIVERY WILL BE DONE WITH BAREST MINIMUM DISRUPTIONS … if any – TREASURY

By Merlyn Mwanza The Ministry of Finance says the delivery of inputs through the Farmer Input Support Programme “will be done timely and with the barest minimum disruptions, if any.”…

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FORMER NRFA BOSS VERBALLY ISSUED INSTRUCTIONS TO PAY DEPUTY SPEAKER – SOURCES

By Staff Reporter Recently dismissed National Road Fund Agency (NRFA) board chairman Joe Mutwale verbally ordered swift payment of the monies outstanding to second Deputy Speaker Moses Moyo’s company, shortly…

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WE ARE A BANANA REPUBLIC DEPENDING ON OUTSIDE FINANCING DESPITE HAVING MINES – SICHINGA … UPND adm will struggle to finance pronouncements

By Patson Chilemba Former Commerce minister Bob Sichinga says the UPND administration will struggle to finance what he describes as their good pronouncements because the country’s major mining sector is…

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UPND ADM HAS ROLLED RED CARPET BEFORE MINES, OBSERVES DODIA

By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has observed that Zambians are not getting value from the mining sector. Speaking with Daily Revelation, Dodia explained that the…

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