Friday, March 1, 2024

Economy

CEEC released K1.3 billion to 48 youth projects last year

The department of youth development in the Copperbelt province last year disbursed a total of K1.3 billion to various youth groups and individuals. The money...

Two Chiefs skeptical about the benefits of ZESCO’s power project to their subjects

ZESCO’s hope of building a new hydro power station has suffered a major setback after two traditional leaders have asked the company to formally...

Government is determined to increase the participation of more Zambians in the running of the mining sector-PS

Copperbelt Permanent Secretary Christopher Mutembo says government is determined to increase the participation of more Zambians in the running of the mining sector. Mr. Mutembo...

2 investors show interest in Nickel mine – Simuusa

Two investors have so far shown interests to take over the operations at the defunct Albidon Munali Nickel mine in Mazabuka. Mines and Natural Resources...

Crop subsidy to be extended to other crops other than maize-Guy Scott

Vice President Guy Scott says government will consider subsidizing the production other crops other than maize. Dr Scott says this is in an effort to...

Substantial upward adjustment of electricity tariff by ZESCO will have a negative effect on the inflation-Saasa

Economist Oliver Saasa has warned that a substantial upward adjustment of electricity tariff by the Zambia Electricity Supply Corporation (ZESCO) will have a negative...

Varun beverages Zambia Sues Government For Removing Tax Incentives

Varun Beverage Company is seeking a court order to quash government's decision to revoke its five year tax deferment. The beverage company has contended that...

Share price of an Aussie listed company up 45% after announcing the discovery of high grade copper in Mumbwa

An Australian-based resources company called Blackthorn Resources caught investors' attention in Australia when it announced that it had doscovered high grade copper from...