Economy

World Oil Prices have continued to raise amidst tension between Iran and Britain over the capturing British sailors. According to Oil Producing and Exporting Countries (OPEC) daily bulletin obtained by ZANIS , oil was yesterday trading at...

Multi-choice Zambia says it is unshaken by the competition arising from Free-to-Air facilities that have come on the scene. Multi-choice Zambia Public Relations Officer Kamiza Chikula says the firm has witnessed a rise in subscribers amid the competition from Free-to-Air...

Zambia Sugar Plc has challenged the general public to come forward and provide evidence of corrupt practices at the company. Zambia Sugar Plc corporate affairs manager Lovemore Sievu said corruption is counterproductive and  any member of the public with evidence...

The permanent secretary in the ministry of community development and social services has told the parlaimetary accounts committee that his ministry has managed to retrieve K148 million in unretired imprest. Teddy Kasonso said over K5 million was recovered from a...

The Citizens Economic Empowerment Commission, CEEC, says its policy is aimed at empowering the local people economically. Citizens Economic Empowerment Commission, CEEC, chairperson Jacob Sikazwe says this will be done by putting in place measures that will incorporate the local people...

The Bank of Zambia, BOZ, says the country's economy has sustained its impressive performance in the past few years. BOZ Governor Caleb Fundanga says this is reflected in a positive growth in real Gross Domestic Product (GDP), low inflation,...

Kitwe District Administrative Officer Stephen Lindunda has said mishandling of customers by secretaries is contributing to organisations losing billions of kwacha. Speaking when he officially opened a professional secretaries workshop on the theme 'Quality,Excellence and Professionalism' at Kitwe's Edinburgh...

Konkola Copper Mines (KCM) is to spend over K400 million on sinking 12 bore-holes in areas which were affected by the pollution of the Kafue river in Chingola last year. KCM spokesperson Sam Equamo told ZANIS in an interview in...

Management at Albidon Nickle Zambia limited in Mazabuka have dismissed claims  that people seeking jobs at the company are being asked to travel to Ndola for medical examinations before they are offered jobs. Company Corporate and Safety Manager, Sestus Mulenga,...

The Committee on the estimates to the Customs and Excise Amendment bill, has welcomed the reduction of excise duty on electricity from 5 percent to 3 percent. Committee Chairperson Batuke Simenda told Parliament today that the reduction was welcome as it...