Monday, November 18, 2024

Economy

ZICTA warns traders over cheap mobile phones

ZAMBIA Information Communication Technology Authority (ZICTA) has warned traders against flooding the local market with cheap imported counterfeit mobile phones which are hazardous to...

$600 million oil refinery to be set up in Ndola

A US$600 million oil refinery is planned to be set up in Ndola under a public private partnership (PPP) to compliment Government’s efforts in...

Mines Minister supsends issuance of mining permits, calls for re-instating of fired 1,000 miners

Government has with immediate effect suspended the issuance of new mining and non-mining rights and dissolved the Mining Advisory Committee (MAC). Mines and Natural Resources...

Chinese mine fires 1,000 workers

OVER 1,000 miners at China Non-Ferrous Corporation Africa (NFCA) Mining Plc in Chambishi and those from a contracted company JHCX Mining Construction Zambia Limited...

Indeni crisis prompted waiver of open bidding for oil procurement the last 3 years- Chibuye

THE Commission of Inquiry on the operations of the Energy Regulation Board yesterday heard that the Ministry of Energy and Water Development requested the...

Influx of cheap mobile phones rocks M-Tech

ZAMBIA’S mobile phone assembling plant, M-mobile Telecommunications, (M-Tech) Limited says the increasing number of imported mobile phones on the market has impacted negatively on...

Minimum wage discussions should consider both cost of production and employees welfare

The Jesuit Centre for Theological Reflection JCTR has called for the formulation of a policy direction when reviewing the minimum wage, to deal with...

Government wants 35% stake in mines

Reuters reports that Zambia will negotiate larger shareholding in foreign mining companies and plans to revise the tax collection mechanism to improve transparency and...