Business

NO POINT COMING HERE TO TALK ABOUT CHINA, MAGANDE TELLS AMERICANS … plead with China on our behalf instead

By Patson Chilemba Former Finance minister Ng’andu Magande says the Americans should be seen to be helping Zambia by talking directly to the Chinese on the country’s debt crisis, rather…

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LOLELENI, MUKATOTELA BY 2025 – KABUSWE

By Isaac Zulu Mines and Minerals Development Minister Paul Kabuswe has said that the UPND administration will prove its critics wrong on its plans to run the mining industry in…

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STOP MAIZE EXPORTS, PUT INTEREST OF ZAMBIANS FIRST, URGES UPND CENTRAL PROVINCE CHAIR

By Isaac Zulu Central Province UPND chairman Albert Chifita says the Ministry of Agriculture should revise the policy on the export of maize by putting the interest of Zambians first…

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DODIA LINKS INCREASED MEALIE MEAL PRICES TO HIGH FUEL COST

By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has attributed the increase in mealie meal prices to the high cost of doing business. In an interview with Daily…

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ALARMING KWACHA DEPRECIATION CONTINUES DESPITE $1.3 BILLION BoZ BOOST – KANG’OMBE

Merlyn Mwanza Kamfinsa member of parliament Christopher Kang’ombe says it’s alarming that despite the Bank of Zambia (BoZ) spending $1.3 billion to boost the Kwacha, the local currency has depreciated…

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UPWARD MINIMUM WAGE WILL SEE DOMESTIC, SHOP WORKERS LOSE JOBS … while mining companies are being given red carpet – Dodia

By Isaac Zulu Private Sector Development Association chairperson Yusuf Dodia has said that the recent upward adjustment of the minimum wage for domestic workers, shop assistants and general workers is…

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KWACHA DEPRECIATES 11.46% AGAINST US DOLLAR IN 2 MONTHS

By Merlyn Mwanza The Kwacha has continued its downward spiral against the United States Dollar, losing its value by approximately 11.46 percent in the last two months. On October 21,…

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WEAKENING KWACHA, SHILLING PUSH TAZARA TRAIN FARES UPWARDS

By Merlyn Mwanza TAZARA has adjusted passenger train services upwards due to the weakening Kwacha and the Tanzanian currency against the major convertible currencies. In a press release made available…

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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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