Economy
No more abusing workers, Shamenda tells employers
LABOUR Minister Fackson Shamenda has said employers should not continue to abuse workers by paying the minimum wage but should pay wages that are...
Economy
Sata should have waited for Commission of Inquiry- Magande
National Movement for Progressive party leader Nga’ndu Magande said in Lusaka yesterday that the president should have waited for the outcome of results from...
Economy
ZFE fears massive job losses due to protests
The Zambia Federation of Employers has warned that the current wave of workers protests if mishandled can lead to business closures and severe retrenchments.
Federation...
Feature Economy
Scraping of FirstRand Deal Fuels Zambian Currency Slide
Zambian President Michael Sata yesterday scrapped FirstRand Ltd.’s purchase of a local lender and fired the board of the central bank. The Kwacha fell...
Economy
Sikota Wina welcomes ERB fuel probe
Former Chairperson of the disbanded Board of Directors at the Energy Regulation Board -ERB- Sikota Wina says his team will fully co-operate with the...
Economy
We have not received formal notification on the reversal-FirstRand
South African financial services group FirstRand said today it had received no formal notification that its purchase of Zambia's Finance Bank had been reversed.
Zambian...
Economy
Roadway infrastructure, minimum wages and production viability in Zambia
By Nellow Simukonde (Civil Engineer)
In the last 10 years, Zambia has seen a huge influx of used vehicles from Japan. Many individuals and families...
Economy
KCM in $500 million windfall
STANDARD Bank has provided a US$500m (K2.5 trillion) bridge finance facility to Konkola Copper Mines plc (KCM) that will be used to refinance shareholder...