Friday, February 21, 2020
Finance Minister Bwalya Ngandu has revealed that Zambia’s external debt stock now stands at US$11.2 billion. This is an increase from the US$10.2 billion recorded as at end of July 2019. Dr Ngandu was speaking in Lusaka Wednesday morning during a...
MINISTERIAL STATEMENT ON THE STATE OF THE ECONOMY BY HONOURABLE DR. BWALYA K.E NG’ANDU, MP, MINISTER OF FINANCE February 2020 1 BRIEF ON THE STATE OF THE ECONOMY BY DR. BWALYA K.E NG’ANDU, MP, MINISTER OF FINANCE, FEBRUARY, 2020 1. IntroductoryRemarks 1.1 I wish to...
  The Lusaka City Council (LCC) is reviewing laws to reduce the number of hours bars will be open for clients. The propasal is to restrict drinking time between 16:00 hours and 22:00 hours. Currently bars are legally open between 10:00...
Transport and Communications Minister Mutotwe Kafwaya says the six months extension given to UZI Mobile, Zambia’s fourth mobile operator to set up will not be extended again. Mr Kafwaya says UZI has been given up to May 2020 to actualize...
By SILUMESI MALUMO GOVERNMENT, through the Ministry of Mines and Minerals Development, has granted an exploration licence to a company to start exploring for oil in Gwembe district in Southern Province, President Edgar Lungu has said. President Edgar Lungu said the...
Mwaba Mutale writes: The Farmer the Abused...... This morming I was checking on my cabbage and then I thought about the reality and facts on the ground. I was looking at some hard facts and what i reflected on broke my...
As the local economy continues to slow down, retail chain Spar at Arcades Shopping Mall has announced that it will be closing down. In a notice to suppliers, Spar Country Manager Ken Darby said the closure is due to the...
ZCCM - IH Establishes A Gold Company. ZCCM Gold Company is a Zambian newly established company that will oversee the mining, processing, refining and marketing of gold in Zambia. The company is owned by ZCCM- IH (51%) and the Zambian Government...
NDC leader Chishimba Kambwili has accused Konkola Copper Mine (KCM) provisional liquidator Milingo Lungu of transferring K100 million from the company’s bank account and depositing it into his law firm’s account. But Lungu has vehemently denied the allegation, calling Kambwili...
ZESCO TO SHUTDOWN KAFUE GORGE POWER STATION FOR EMERGENCY MAINTENANCE WORKS ZESCO Limited wishes to inform it’s esteemed customers and the general public that Kafue Gorge Hydro Power Station will be shut down between 23:00 hours tonight, 01 February 2020...