Business

Musokotwane urges public officials to implement budgeted for programmes

By Jane Chanda Minister of Finance and National Planning Dr Situmbeko Musokotwane says public officials need to ensure all necessary steps are taken to implement budgeted programmes for inclusive growth and…

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Tribunal gives LCC 2-week ultimatum to revise 300% rate hike

By Esther ChisolaThe Tribunal on the Lusaka City Council (LCC) land rates 2024 evaluation has given the council two-weeks ultimatum to revisit the proposed 300 percent rate increment on property…

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KoBold announces $537 million in latest funding round

By Jane Chanda KoBold Metals, a mining and artificial intelligence start-up backed by Bill Gates and Jeff Bezos, has announced a milestone, raising $537 million in its latest funding round, valuing…

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Zambia recorded 16.7% in actualised investment pledges – ZDW

By Esther ChisolaZambia Development Agency (ZDA) says only 16.7 percent has been realised in investment pledges.Speaking at the end of year media briefing in Lusaka, ZDA director general Albert Halwampa…

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Disruptions in SA, Mozambique constraining Zesco from sticking to supply timetable – Loongo

By Mubanga MubangaZesco acting managing director Justin Loongo said the company was facing occasional constraints at the source of import of power and this is resulting in them failing to…

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Drought has worsened energy crisis – ZACCI

By Jane ChandaZambia Chamber of Commerce and Industry (ZACCI) president Anthony Kabaghe says the recent drought conditions have exacerbated the energy crisis, with profound impacts on industrial output and the…

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Sunday hails K5b stability facility … it must be implemented transparently

Jane Chanda Kanchibiya Constituency member of parliament Sunday Chanda says the K5 billion Stability and Resilience Facility (SRF) launched by the Bank of Zambia (BoZ) is a proactive step towards addressing the…

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High PAYE, rising cost of living concerning – ZCTU

 By Jane Chanda Zambia Congress of Trade Unions (ZCTU) president Blake Mulala says wage stagnation, high taxation under the Pay As You Earn (PAYE) regime, coupled with the rising cost of…

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Suspension of Kagem operations to result in job losses – Mbewe

By Jane ChandaFine Jewelry and Gems chief executive director and Gem Cutter, Joseph Mbewe, says the decision by Kagem Mining to suspend its operations for six months will have adverse…

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Zambia, SFD sign additional loans aimed at improving health care

By Jane Chanda Minister of Finance and National Planning Dr. Situmbeko Musokotwane says Zambia has signed two significant agreements with the Saudi Fund for Development (SFD), marking a major milestone in…

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