Economy
High interest rates killing manufacturing base – Scott
Vice President Guy Scott has cited the high lending rates in the country as a hindrance to the revival of the manufacturing industry.
Speaking when...
Economy
ACC, DEC engaged to probe CEEC on Loans, less than 40 % of the K169 billion recovered
Two investigative wings have been engaged to probe the manner the Citizens Economic Empowerment Commission-CEEC- issued loans.
It has been learnt that less than 40%...
Economy
Zambia’s fuel enough
Zambia has sufficient stock of petrol because both TAZAMA and INDENI are operating normally.
Energy Permanent Secretary, George Zulu says the country has now attained...
Economy
Alexander Chikwanda rubbishes CEEC, it only favours the elite and breeds corruption
The Minister of Finance says empowerment policies such as the citizen Economic Empowerment Commission are not helpful as they only favour the elite who...
Economy
379 miners retrenched
THREE-hundred-and-seventy-nine Mechanised Mining Solution (MMS) employees working at Nchanga underground mine in Chingola have been retrenched.
This is the biggest retrenchment involving miners this year.
MMS,...
Economy
Airtel Slashes International Calling Rates, calls to SA reduced by 75%
Airtel Zambia has announced the launch of reduced international calling rates to selected destinations. The rates promise to be the most affordable on...
Economy
Companies taken over by government will be floated to the public-Sata
President Michael Sata has told investors not to be misled that the PF government is engaged in nationalization of companies.
Mr Sata says the government...
Economy
Government , EIB ink $30 million power deal
THE Zambian Government has signed a US$30 million finance contract with the European Investment Bank (EIB) for upgrading of the Kafue-Livingstone electricity power transmission...