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Alba Iulia
Wednesday, March 29, 2023

Economy

Govt’s increase on mine tax hailed

A Mopani Copper Mine Senior Engineer, Humphrey Kabwe, has joined in commending government for introducing a new fiscal and regulatory policy over mines. Speaking in a telephone interview with ZANIS in Lusaka from Mufulira, Sunday, Mr. Kabwe said...

Samfya residents ignorant about government bonds

Several Samfya residents have said they cannot invest in government bonds and other products on the money market because they lack adequate information on how to go about the kind of investment. And the residents, who include government workers, have asked the government through...

Govt urged to expedite salary negotiations for 2008

Zambia Congress of Trade Union (ZCTU) President Leonard Hikaumba has appealed to government to expedite the 2008 salary negotiations and improved conditions of service for civil servants and allied workers before the 2008 national budget comes out. Mr. Hikaumba...

PAC saddened by under-utilization of 2007 budget

The Public Accounts Committee (PAC) says it is a scandal for government to fail to utilize about K900 billion allocated for various development programmes in the 2007 national budget. PAC chairman Charles Milupi stated that the K900 billion under...

ZAMTEL Fibre Optic Equipment arrives in the country

Equipment for the installation of the Zambia Telecommunication Company Limited (ZAMTEL) nationwide Optic Fibre which will cost $48 million has arrived in the country. Communication and Transport Deputy Minister Mubika Mubika disclosed that the project to provide broad band...

State transfers its shares in Maamba Collieries to ZCCM-IH

Government has transferred all its shares held in Maamba Collieries Limited (MCL) to the Zambia Consolidated Copper Mines Investments Holding Plc (ZCCM-IH) in order to revamp operations at the coal mine. The transfer of the 100 per cent...

Floods disaster budget swells to K52 bn.

THE cost of the disaster relief response has risen to K52 billion from the K38 billion that Government announced last week after preliminary damage assessments. Government’s financial requirements to implement the 2007 National Contingency Plan in the 34 flood-hit districts...

Govt. to develop bee-keeping policy

The Ministry of Tourism, Environment and Natural Resources has started developing a bee-keeping policy. The Policy is meant to harness the full economic value in the bee-keeping industry and contribute to the socio-economic development of the country, and sustainable management...

Levy orders investigation into a Construction company

President Mwanawasa has ordered an investigation on how Tomorrow Investments, a local constructing company, has continued to be given government contracts when it has not been performing according to the required standards. Dr Mwanawasa who also announced the...

Chambeshi workers strike in day 2

The 500 striking workers at Chambishi Copper Smelter say they will not resume work until their demands are met. The workers are demanding better salaries and other entitlements which include mealie meal, transport and holiday allowances. A ZNBC news...
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Latest News

ZANACO bank records revenue growth of K3.94 bn, declares K421m dividend

By BENEDICT TEMBO ZANACO Bank Plc has declared a dividend of K421 million to shareholders after recording total revenue growth...
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