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Alba Iulia
Tuesday, January 25, 2022

Economy

Kwacha depreciation this week due to the tight supply of the US Dollars on the market

Social Economist and Marketer Kelvin Chisanga has attributed the depreciation of the Kwacha noted this week to the tight supply of the US Dollars on the local market amid the negative influence of the Covid-19 pandemic. According to ABSA Bank...

Ministry of Finance Posts Answers to Questions about the IMF Deal

The Ministry of Finance and National Planning has released to the media what they described as the most frequently asked questions on the GRZ/IMF Staff Level Agreement (SLA) and related matters. Below are the questions and their responses QUESTION 1 My question...

Mopani Copper Mines to double Copper output annually in the next 5 years

Mopani Copper Mines PLC plans to grow its production from the current 100,000 tons of copper annually to its full capacity of 225,000 tons of copper per year within the next 5 years. Mopani Chief Executive Officer Charles Sakanya says...

Government called upon to address the high cost of borrowing as negotiations for AFCFTA concludes

The Centre for Trade Policy and Development (CTPD) is recommending that government addresses the high cost of borrowing as negotiations for the Africa Continental Free Trade Area (AFCFTA) are drawing closer to a conclusion. CTPD is of the view that...

HH to head to Dubai to grace the Expo 2020 on January 20th

Information and Media Permanent Secretary Kennedy Kalunga has said that President Hakainde Hichilema will grace the Zambian National Day on January 20, 2022, at the ongoing Expo 2020 Dubai. Mr. Kalunga said this on the sidelines of the national day,...

No decision has been made to restructure ZESCO yet, its only the assessment being done

Power utility, ZESCO Limited has dispelled assertions that there is an impending restructuring of the company and has clarified that the Industrial Development Corporation (IDC) is only conducting an assessment or research to understand the current status of ZESCO. According...

MTN Zambia launches 5G cellular network to improve speed

MTN Zambia has launched its pilot 5G cellular network, the first of its kind in Zambia that is expected to improve speed and customer experience. Speaking at the launch on Tuesday, Technology and Science Minister Felix Mutati said the...

Assertions that Zambia has scrapped mineral royalty tax were not correct-Andrew Chibuye

Economic and financial expert Andrew Chibuye has backed the revision of the Zambian mining tax regime by the New Dawn Government as pronounced in the 2022 National Budget that is currently in motion. Finance Minister Situmbeko Musokotwane in his 2022...

Government releases over K66m for rehabilitation of damaged road infrastructure across Zambia

Road Development Agency(RDA) Acting Director Communications and Corporate Affairs Anthony Mulowa has said that the government has released over K66m for rehabilitation of damaged road infrastructure across the country. Mr. Mulowa says this is part of the K350m which is...

LuSE tops the list of best performing African stock markets in 2021

The Lusaka Securities Exchange has been rated as the best performing stock market in Africa. This is according to a compilation conducted by leading business publication Business Insider Africa. 2021 was a tough year for most investors, especially those investing in...
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Latest News

Kaladoshas back from hiatus with new single “Salt Na Sugar”

After a long hiatus from the music scene, Kaladoshas makes the perfect comeback with a captivating new R’n’B track...