Economy
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...
Economy
Removal of subsidies is not the solution to addressing budget deficits-Magande
Former Finance Minister Ng'andu Magande has said that the removal of subsidies is not the solution to addressing budget deficits.
Reacting to Finance Minister Alexander...
Economy
Government looking for US$580 million to build the new Simon Mwansa Kapwepwe International Airport in Ndola
Government says works on the new Simon Mwansa Kapwepwe International Airport in Ndola will begin in June this year.
Works and Supply Minister Yamfwa...
Economy
Foil Vedanta responds to Tom Albanese’s refute of evidence against Vedanta in Zambia
Foil Vedanta responds to Tom Albanese's refute of evidence against Vedanta in Zambia
10th February 2014
Last week several articles were published in the Zambian media...
Economy
Increased Debt amidst high cost of living a cause for concern-JCTR
Lately, there have been statements by senior government officials commenting on the state of debt levels in the country. The comments have partly been...
Economy
We are not bogus firm, we suspended work beause of delayed payments-Ng’andu Consulting
Ng’andu Consulting Limited, the company engaged to work on the Ndola-Kitwe dual carriageway and Kasaba Bay projects have dismissed allegations by parliamentary Committee on...
Economy
K5.5bn saved from subsidies, Chikwanda tells Parley
Minister of Finance Alexander Chikwanda has told Parliament that Government has saved K5.5 billion following the removal of subsidies on fuel, maize and fertiliser.
Mr...
Economy
GBM sues M’membe for K14bn
KASAMA Member of Parliament Geoffrey Mwamba has sued Post Newspapers editor-in-chief Fred Mmembe for libel, demanding K14 billion and an injunction restraining the newspaper...