Monday, November 18, 2024

Economy

Compensate Solwezi residents displaced by US$1 billion Trident mine project – CCZ

The Council of Churches in Zambia (CCZ) says the Trident Mine project will not add value to the locals of senior Chief Mesele in...

FRA storage construction under scrutiny

GOVERNMENT has said it will investigate contracts the Food Reserve Agency (FRA) issued for the construction of 98 storage sheds countrywide. Transport, Works, Supply and...

Local Money Market Rates

The Kwacha continued on a downward trend on Thursday mimicking further falls in the euro-dollar currency pair, Zanaco Bank reported this morning. According to Zanaco,...

LCC warns street vendor of council action

The Lusaka City Council (LCC) has warned street vendors to, with immediate effect, stop trading from the streets. Council Public Relations Manager Chanda Makanta says...

RDA terminates Kabwe, Kapiri roads rehab contract awarded to a Chinese firm

THE Road Development Agency (RDA) has terminated a contract for the rehabilitation of all the roads in Kabwe and Kapiri Mposhi districts in Central...

Zesco traces power failure to Kabwe

THE power outage which engulfed the country yesterday resulted from a power system disturbance at Kabwe step-down substation which affected Kariba North Bank and...

Zambian government allows Chinese takeover of Chibuluma

The government of Zambia has given a waiver to China's Jinchaun Group to take over Chibuluma copper mine without putting up a mandatory offer...

Power Failure Halts Copper Mining Operations

Copper mining operations in Zambia's Copperbelt have been halted Wednesday after a fault at a main power substation. Zambia is struggling to restore power to...