Saturday, April 17, 2021
By Chileshe Mwango The National Traders of Edible Oils Association has alleged that there is a cartel in the edible oil sector which is controlling market prices of cooking oil, a situation which has resulted into exorbitant prices of the...
By Chileshe Mwango and Balewa Zyuulu The fuel situation in Lusaka has gradually started normalizing following a shortage of fuel that affected most parts of the country owing to protesting local tanker drivers. A check by Phoenix News in selected filling...
S3X WORKERS DIG IN ON MINERS’ PENSION AS THEY HIKE FEES TO BETWEEN K150 AND K350 Over the years, miners have created for themselves an unwanted reputation of being reckless spenders when their bosoms are full, thus falling prey to...
SAD NEWS: ENGINEER HANSON SINDOWE DIES Engineer Mr Hanson Sindowe has died. Hanson Sindowe was the Executive Chairman of Copperbelt Energy Corporation. Mr.Sindowe has been Chairman of the CEC board since 2006, when Zam-En, a company he is the co-founder and...
Ugandan President Yoweri Museveni on Friday hosted Senegalese-American musician Aliaune Damala Badara Thiam, alias Akon, in his Rwakitura home for talks on possible business opportunities in the East African country. Akon was accompanied by his wife Rozina Negusei, who is...
Zimbabwe has outlawed the importation of vehicles older than 10 years in a move that is meant to revitalize the local motor industry, reduce the import bill and cut greenhouse emissions. Under Statutory Instrument 89 of 2021 which came into...
By Sean Tembo 1. As Patriots for Economic Progress (PeP) it is our considered opinion that the continued attempt by Government to get a bailout loan from the International Monetary Fund (IMF) at a time that the price for copper...
For Immediate Release PRICE CONTROLS SIGNAL FAILED GOVERNMENT MANAGEMENT OF THE ECONOMY Commodity prices must be determined by forces of supply and demand. Government can only intervene in prices through tools such as monetary policies, subsidies or venture capital....
By World Bank Live He has been serving as a Non-Executive Director at Board of the African Export and Import Bank (Afrexim Bank)—an international multilateral organization with the primary purpose of financing, promoting, and expanding intra- and extra-African trade—since June...
CCPC Fines Cement Companies for Anti-Competitive Trade Practices and Orders Adjustment of Prices The Board of Commissioners of the Competition and Consumer Protection Commission (CCPC) has fined Lafarge Zambia Plc and Mpande Limestone Limited 10% of their annual turnovers for...