Sunday, November 17, 2024

Economy

500 companies still face de-registration-PACRA

MORE than 500 companies out of 725 which were threatened with deregistration for failure to file annual returns still face deregistration because they have...

All is set for the launch of the K1 trillion Chama- Matumbo Road Construction Works by President Sata

All is set for the launch of the one trillion kwacha Chama- Matumbo Road Construction Works in Chinsali District of Muchinga Province by...

Bank of Zambia keeps policy rate at 9.25%

THE Bank of Zambia has maintained the policy rate for the month of December at 9.25 percent. According to a press statement released yesterday...

Zesco seeks $2billion from Investors

Zesco Ltd Zambia’s state-owned power utility, has sent managers to the U.K. and the U.S. in a bid to raise as much as $2...

MMD allocated K2.4 billion to the Office of the First Lady in 2010- Guy Scott

Vice President Guy Scott has said that the Movement for Multiparty Democracy government had allocated K2.4 billion to the Office of the...

Inflations goes up and trade surplus reduces for November

ZAMBIA’s annual inflation rate for November has increased to 6.9 per cent from 6.8 per cent in October, and the country recorded a reduced...

Two SPAR outlets fined K 63 million for selling expired food

SPAR Downtown and Spar Crossroads have been fined K63 million each for allegedly selling expired products and goods without labels. A Lusaka Magistrate Court fined...

Critical fuel shortages continues hitting Monze District in Southern province

MONZE District has continued facing serious challenges in the supply of fuel due to frequent stock outs at the only functional Kobil filling station...