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Economy

August inflation static at 8.0 percent

Zambia’s annual inflation has remained the same for the month of August 2014 as that of July, 2014, by maintaining the 8.0 per cent. This means that on average, prices..

Load shedding will be controlled-Yaluma

Mines, Energy and Water Development Minister Christopher Yaluma says strides are being taken to control the challenge of aggressive load shedding that has hit the country for several years now…

Action Aid calls for tax review in the mining sector

An international civil organization Action Aid has advised the government to review the country’s tax system in the mining sector. Action Aid Economic Justice Project Officer, Kryticouf Nshindano says government..

Rally behind Sata for development – Wynter Kabimba

PATRIOTIC Front (PF) secretary-general Wynter Kabimba has yet again appealed to Zambians to rally behind President Sata in his quest to develop the country. Mr Kabimba, who is also Minister..

Luanshya considers anti-tree cutting by-law

Luanshya Mayor Gordon Siwale says the local authority is considering introducing a by-law aimed at curbing the rampant cutting-down of trees. Councilor Siwale says the Council wants to enact a..

Madison Financial Services IPO fully subscribed, raises K 62 million.

Zambia’s first Initial Public Offer in six years, the Madison Financial Services share offer was fully subscribed by mainly individuals. The development shows the growing appetite for individual shareholders to..

Hilton Hotel Lusaka to open by mid next year

The National Pensions Scheme Authority, the financiers of the redevelopment of Society House are confident that Hilton Worldwide Holdings, the developers of the Hilton Garden Inn Lusaka will complete the..

Government launches solar charger

Government has launched the first ever Mobile telecommunication solar charger in the country. Speaking during the launch in Lusaka yesterday, Mines, Energy and Water development Minister Christopher Yaluma said the..

Traders continue rejecting coins

Traders in Kitwe have continued rejecting small coins from buyers saying they are an inconvenience. Speaking in an interview with ZANIS in Kitwe yesterday, Charity Mulenga said the traders were..

Government to audit Land allocation in Mumbwa

Chiefs and Traditional Affairs Minister Prof. Nkandu Luo says government will soon audit the allocation of land in Mumbwa District which is marred by a lot of irregularities. Prof. Luo..

Kapata lifts ban on safari hunting

Tourism and Arts Minister Jean Kapata has lifted the ban on Safari hunting which was imposed by her predecessor Sylvia Masebo last year. Ms Kapata has told a media briefing..

Rioting miners in Chingola damage KCM property

RIOTING miners in Chingola yesterday damaged Konkola Copper Mines (KCM) property worth thousands of Kwacha demanding better salaries and conditions of service. Police fired teargas canisters in a bid to..

Alexander Chikwanda defends himself on the article in the Post Newspaper

MINISTER of Finance Alexander Chikwanda has said material trappings have never been and will not be a thrust in his life. Mr Chikwanda has also accused some media organisations of..

Government gives green light to Home Affairs Ministry to recruit extra personnel

GOVERNMENT has given the Ministry of Home Affairs a go ahead to recruit extra personnel for deployment to border post areas in a bid to curb the influx of foreigners..

IFC, The MasterCard Foundation and Airtel Money to expand access to mobile money in Zambia

IFC, a member of the World Bank Group has announced an advisory services agreement, valued at $1 million, with Airtel Zambia to increase access to mobile financial services in the..