Wednesday, May 8, 2024

Economy

Swala-Zambia to carry out oil exploration in Northern, Southern, Eastern provinces

Swala-Zambia Limited has announced a reserve of US$23 million for hydrocarbon oil exploration works in Southern, Northern and Eastern provinces of Zambia. Swala-Zambia Limited board...

FQM to employ 2000 at its Kalumbila mine by 2015

FIRST Quantum Minerals Limited (FQM) says it expects to employ 2,000 people once it starts production at Kalumbila mine by the year...

Decision by the Government to remove fuel and maize subsides is irresponsible-George Mpombo

Former Deputy Ambassador to Nigeria George Mpombo has said Government should not have done way with fuel and maize subsidies. Mr Mpombo said the...

International Exhibitors Trade Fair express disappointment

INTERNATIONAL Exhibitors trading at the just ended Zambia International Trade Fair (ZITF) have expressed disappointment at the slow pace of business during the...

New fibre optic cable plans for Zambia, SA and Zimbabwe

A new long-haul fibre network from Liquid Telecom promises to bring high speed connectivity to areas without reliable access Liquid Telecom announced in a statement...

Subsidy removal affects people with HIV and AIDS in Choma

Choma District AIDS Task Force (DATF) chairperson, Partner Siabutuba, says the removal of maize and fuel subsidies have negatively affected people living with HIV...

ZRL to purchase new telecoms equipment, improve safety

Zambia Railways Limited (ZRL) says out of the US$120 million government has injected in the rail company, one per cent will go to the...

BOZ assures the nation on Old Kwacha note

The Bank of Zambia (BOZ) has advised the nation not to panic over the old Kwacha currency note which ceases to be legal...