Friday, March 29, 2024

Economy

Kwacha trades at a record K6.7 against the US dollar

The Zambian Kwacha yesterday traded at a record K6.700 per one United States dollar following increased dollar demand on interbank, while the supply side...

Fuel shortage hits Kasama District

Motorists lined up as early as 04:00 hours of yesterday to buy fuel for their vehicles as the shortage for the essential commodity has...

Nevers Mumba tours Chisokone in Kitwe, gets audience with taxi drivers and marketeers

Marketeers at Kitwe’s Chisokone market this afternoon mobbed MMD President Nevers Mumba when he toured the market. And some taxi drivers in Kitwe have expressed regret for...

Government awards K144m to Chinese firm for Kasama Airport rehab

Government has awarded a K144m contract to a Chinese company for the construction of a new runway at Kasama Airport in Northern Province. This came...

Sino hydro workers in Itezhi -tezhi complain of poor working conditions

Workers at Sino Hydro State Company which is constructing the 120MW Itezhi -tezhi hydroelectric power plant have complained of abusive language and beatings by...

JCTR calls for review of tax rebates and other fiscal incentives pertaining to mines

THE matter surrounding the sale of Konkola Copper Mines (KCM) has continued to attract sharp criticism among various stakeholders with the Jesuit Centre for...

China Jiangxi to re-do the works on the Ndola-Kitwe dual carriageway

The Road Development Agency (RDA) has directed the contractor engaged to work on the Ndola-Kitwe dual carriageway China Jiangxi to re-do the works on...

Kwacha fall due to profits in construction industry – Col. Kaunda

Transport, Works, Supply and Communications Deputy Minister Colonel Panji Kaunda says the kwacha has continue to depreciate partly due to huge profits in the...