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Alba Iulia
Monday, April 6, 2020

Economy

Covid-19 grounds Mahogany Air

Mahogany Air has announced it has suspended all flights from 30th March to 30th April 2020 in response to the Coronavirus control measures and to join the rest of the country in less contact and observance of staying home. Company...

Standard Chartered to commit $1 billion of financing for companies to help COVID-19

Standard Chartered has announced it will commit US$1 billion of financing for companies that provide goods and services to help the fight against Covid-19, and those planning the switch into making products that are in high demand to fight...

Zambia shuts down Victoria Falls

The Victoria Falls (Mosi oa- Tunya) shared between Zambia and Zimbabwe has been closed to the public on the Zambian side as countries struggles to cope with the Covid-19 outbreak. Zambia's National Heritage Conservation Commission confirmed in a statement on...

Lusaka City Council to stop street vending in the Central Business District

The Lusaka City Council will with effect from today not allow street vending in the Central Business District in the quest to fight the spread of Coronavirus in the city. Lusaka Mayor Miles Sampa says this includes Simon Mwewa Lane...

PF Response To COVID-19 on the Zambian Economy Meaningless – MMD Youth Chief

Opposition New Hope Movement for Multi-party Democracy (MMD) National Youth Secretary Mr. Gregory Mofu has said that the economic measures announced by PF led Government are meaningless as they will not impact the Ordinary Zambian. The Minister of Finance Hon....

ZCCM-IH to appeal against the Lusaka High Court judgment delivered in favour of First Quantum Minerals

ZCCM Investments Holdings Plc (ZCCM-IH) has said that the company intends to appeal against the Ruling of the Lusaka High Court delivered on 23 March 2020 regarding a matter the firm commenced in 2016, against First Quantum Minerals Limited...

Zambia Revenue Authority to undertake a Tax Compliance Audit on Copperbelt Based Millers

The Zambia Revenue Authority (ZRA) will undertake a tax compliance audit on Copperbelt based millers as soon as the list of those that have an agreement with the government is cleared by the Commissioner General's office. ZRA Indirect...

Zambian Crocodile Farmers Association commends government’s move to suspend export duty

The Zambian Crocodile Farmers Association has commended government’s move to suspend export duty on crocodile skins as part of measures to support the economy amid the global COVID-19 pandemic. Minister of Finance Bwalya Ng’andu on Friday announced various measures that...

First Quantum re-routing Zambia copper exports after SA imposes border restrictions

First Quantum Minerals was exporting copper from its Zambian mines through alternate routes after restrictions were imposed by South Africa. Commenting in an update regarding its handling of operations in response to the COVID-19 threat, the Toronto-listed firm also said...

Vedanta CEO resigns

Vedanta Ltd says its Chief Executive Officer Srinivasan Venkatakrishnan has resigned citing personal reasons. The resignation will be effective April 5, Vedanta said in a Bombay Stock Exchange filing. “The board of directors of the company in their meeting held on...

Latest News

Robin Siame Enjoying Life at GBFC

Green Buffaloes winger Robin Siame is enjoying life at the Zambia Army club. Siame joined Buffaloes from Kitwe United at...

Lusambo warns Nutricom Food and Beverage Limited for claiming their Ginger Kombucha Energy drink can prevent Corona virus

Lusaka Province Minister Bowman Lusambo has warned that government will not allow business entities in Zambia to produce misleading adverts that their products can...

Government releases over K5.6 billion to finance developmental, service delivery programmes

The National Treasury released last month released a sum of K5.64 billion to finance various developmental and public service delivery programmes in the country. Of...

Germany organisations donate ambulance to Kaindu clinic

Zambia’s Ambassador to Germany Anthony Mukwita has applauded Amatheon Agri and the German Arbetheir-Samariter Bund (ASB) for investing in Zambia’s health and agriculture sectors. Mr....

Street Vending is still illegal in Zambia, says Local Government Minister

Local Government Minister Charles Banda has reiterated that street vending in the country is illegal unless when conducted in designated places as prescribed by...
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