Thursday, November 14, 2024

Economy

Trafigura, 2 others to‘oil’ Zambia

TRAFIGURA, is one of the six companies that have been awarded multi-billion Kwacha contracts to supply Zambia with undisrupted petroleum products for the next...

40 room Hotel owned by former Energy Minister opens in Lusaka

A NEW hotel has been set up in Lusaka at a cost of K4.5 billion. The 40-room Diamondacres Hotel has been built by...

BOZ asks banks to look out for people trying to clean up hidden money during the debasing period

THE Bank of Zambia (BoZ) has urged commercial banks to report any suspicious transactions that will occur during the rebasing period to avoid cases...

US$ 355 million Millennium Challenge Account for Lusaka to be effected

The US$ 355 million Millennium Challenge Account (MCC) supported Lusaka Water Supply, Sanitation and Drainage (LWSSD) project will come to fruition this week. Once...

Zambian government’s plan to ban raw copper exports may be detrimental to the Mining Industry

The PF governments' plans to ban the export of raw copper is expected to be highly discriminatory against the mining industry and undermine the...

CEEC vows to recover all the loans

The Citizens Economic Empowerment Commission (CEEC) says it is trying to devise modalities that will enable it recover all the money that was accessed...

Zambezi Airlines Application Thrown Out

ZAMBEZI Airlines Limited has lost an application in which it was asking the court to direct National Airports Corporation (NAC) to give vacant possession...

Government signs $12m deal for the Kalabo-Sikongo-Angola road project

The Zambian Government has signed a 12 million United States dollars loan agreement equivalent to K62.4 billion with the Saudi Fund for Development of...