Business

IT’S IMPORTANT FOR ZAMBIANS TO KNOW IMF CONDITIONS, SAYS MAGANDE

By Staff Reporter Former Finance minister Ng’andu Magande says it’s important that Zambians know the conditions attached to the $1.3 billion IMF package, but that it is unwise to dismiss…

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NIGERIA BANS NON-NIGERIANS FROM LOCAL ADS

Nigerian ads will have to rely solely on local models and voiceover artists in future, the African nation’s government announced this week. The policy changes will come into force on…

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MUSOKOTWANE FAILING TO ACT AGAINST NRFA BOARD CHAIR BECAUSE OF CLOSENESS – SOURCES

By Merlyn Mwanza Finance minister Dr Situmbeko Musokotwane is reportedly failing to act on the happenings at the National Road Fund Agency (NRFA) because of his closeness to board chairperson…

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WE ARE TARRING ROAD WHERE HH RESIDES, SAYS INFRASTRUCTURE MINISTER

By Patson Chilemba Infrastructure minister Charles Milupi says his ministry has taken it upon itself to ensure that the road where President Hakainde Hichilema resides is tarred, and that plans…

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TAZARA TO LIFT PASSENGER SERVICE SUSPENSION AFTER CHAMBESHI BRIDGE RE-OPENING

By Kamuti Muyambela The Tanzania-Zambia Railway Authority (TAZARA) has indicated that passenger services which were suspended in March, 2020 will resume after the re-opening of the Chambeshi bridge. And TAZARA…

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HUGE DEBT UNDER PF COULD HAVE BEEN LOWER WITH MORE PUBLIC SCRUTINY, ACKNOWLEDGES KANG’OMBE … despite defending infrastructure spending

By Patson Chilemba Kamfinsa member of parliament (PF) Christopher Kang’ombe says the huge debt accumulated under the PF administration could have been lower with more public scrutiny, despite defending the…

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RULING PARTIES USE NUMBERS TO PUSH THROUGH THEIR WISHES – FUNDANGA … new debt management bill welcome, but may not entirely remove over borrowing

By Patson Chilemba Former Bank of Zambia Governor Dr Caleb Fundanga says the soon to be assented to Public Debt Management Bill 2022 is commendable but may not be a…

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MANIPULATING CURRENCY IS SUICIDAL, SAYS CHARLOTTE

By Merlyn Mwanza Former Republican vice-president Dr Guy Scott’s wife, Dr Charlotte has agreed with economist Trevor Simumba’s observation that manipulating a currency to achieve appreciation is suicidal. Dr Charlotte…

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FULFIL YOUR PROMISES ON TAZARA, UNION LEADER URGES GOVT

By Isaac Zulu The UPND administration should actualise pronouncements regarding the revamping and recapitalization of TAZARA, says Jacob Lombe. Speaking in an interview, Lombe who is Workers Union of TAZARA…

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SUBSIDIES MUST BE ORIENTED TOWARDS PRODUCTION, SAYS CHARLOTTE

By Staff Reporter Dr Charlotte Scott, wife to former Republican vice-president Dr Guy Scott, says she prefers targeted subsidies that are oriented towards the productive sectors rather than blanket subsidies.…

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