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Economy

London court orders KCM to pay U&M US $90 million for breach of contract

Konkola Copper Mines has been ordered to pay U&M Mining Zambia a sum of US$ 90 million by the London International Court of Arbitration...

Dangote Cement factory to be ready in June

CEMENT production in Zambia is expected to reach above 2.5 million tonnes per annum when Dangote Limited commissions its cement factory in Ndola at...

Masebo’s views on mining in Lower Zambezi not Government position-Kalaba

MINISTER of Lands, Natural Resources and Environmental Protection Harry Kalaba has clarified that the position concerning Kangaluwe copper project in the Lower Zambezi is...

Allegations of governments failure to pay contractors is worrying-PSDA

The Private Sector Development Association (PSDA) has observed that reports suggesting that government is allegedly not paying contractors working on the various infrastructure projects...

Government collects K3bn revenue in January

Government has collected a total of 3 billion kwacha in revenues in the month of January this year. Out of 3 billion kwacha which is...

ZED calls for an audit of RDA contracts

The opposition Zambians for Empowerment and Development (ZED) says it is not convinced with the clarification that the Ministry of Finance has given on...

Link 8,000 will succeed because the project is under President Sata-Chikwanda Finance Minister

Alexander Chikwanda says he is confident that the Link 8,000 road project will succeed because it is headed by President Sata. Mr Chikwanda said President...

Kwacha weakens further against US dollar

The Kwacha has continued to tumble against the US dollar which has proved bullish against the local unit for some time now. The local currency...