Tuesday, May 7, 2024

Economy

BoZ to announce launch date for new notes

THE Bank of Zambia (BoZ) will by the end of this week be certain on when the new rebased Kwacha notes will be on...

Zesco to spend $5.3bn to boost power

ZESCO plans to spend about US$5.3 billion for power generation, transmission and distribution to mitigate the existing power outages in the country. Zesco director generation...

Zambia’s mining tax rate highest in region

FIRST Quantum Minerals (FQM) Limited says the tax rates applicable to the mining industry in Zambia are the highest globally. Company head of tax Adam...

Kansanshi Mine to build 3 500 houses in Solwezi

Kansanshi Mine will construct 3 500 houses in Solwezi. Mine Corporate Social Responsibility Manager Bruce Lewis however said that bureaucracy in sourcing land...

Government increased Deputy Ministers to operate effectively – Sakeni

Government has said that it has decided to increase the number of Deputy Ministers because it wants to operate in an effective manner in...

Move to increase Salaries for Constitutional Office Bearers is immoral, unfair and untimely-FODEP

The Foundation for Democratic Process for democratic process has described the recent increase in salaries for Constitutional office bearers as immoral, unfair and untimely...

Shamenda ready to reduce minimum wage threshold for small businesses

Labour Minister, Fackson Shamenda has announced that government is ready to make some adjustments to the minimum wage for small businesses facing challenges...

MMD and PF will never match infrastructure development under UNIP reign

United National Independence Party (UNIP) President Tilyenji Kaunda says the Movement for Multiparty Democracy (MMD) did not exhibit Christian values during its twenty year...