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Sunday, July 20, 2025
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Economy

ZESCO temporary withdraws application to hike Electricity tariffs

ZESCO has withdrawn its application to hike electricity tariffs by 25 percent. ZESCO Managing Director Cyprian Chitundu says the withdrawal has been necessitated by lack...

Zambia’s Inflation slowed down to 6.4 % year on year , index rebased

Zambia's inflation was at 6.4 percent year-on-year in January, the Central Statistics Office said on Thursday after a rebasing of the consumer price basket...

Kambwili orders workers not to return to work until they are provided safety gear

Government has warned of stern action on heavy Industries' companies allowing their workers to work without safety attire. Labour Minister Chishimba Kambwili said government...

ZESCO to hike electricity prices

Zambian state power company Zesco Ltd. plans to hike prices for electricity by 17 to 33% from May to raise money for reinvestment in...

Investor confidence guaranteed observes Magande

National Movement for Progress Party president Ng'andu Magande has lashed out at some sections of society stating that the reversal of the ZAMTEL sale...

Arrest CEEC finance manager, parley committee urges

THE Parliamentary Public Accounts Committee (PAC) has called for the immediate arrest and prosecution of former director of finance at the Citizens Economic Empowerment...

Chinese Labour force coming into the country should be reduced-Kambwili

Labour Minister Chishimba Kambwili has said that Chinese Labour force coming into the country should be reduced and replaced with Zambians with the required...

Government ups minimum capital requirements for banks from K12 billion to K104 billion

Government has hiked the amount of money investors must deposit with the Bank of Zambia if they want to establish a commercial bank, Mr...