Economy
Zambia Sugar reports 5% growth in revenue, as loss in Kwacha value boosts export proceeds
Zambia Sugar PLC’s total revenue for the six-month period ending February 28, grew by five percent to K2.35 billion, largely driven by strong ...
Economy
Government spends K11.4 billion in April, debt servicing gulps K2.3 billion
Government has spent a total of K11.4 billion for development programmes and public service delivery in April. Out of the K11.4 billion, about ...
Economy
Food reserve agency sets maize purchasing price at K280 per 50kg bag, K100 higher than 2022 ceiling
The Food Reserve Agency (FRA) has pegged its maize purchasing price for the 2023 grain marketing season at K280 for a 50kilogrammes bag ...
Economy
Minister Kapala confirms over one million litres of diesel spilled, assures of adequate stock to forestall scarcity
Energy Minster, Peter Kapala, has assured the nation that the more than one million litres of Low Sulphur spillage from the ruptured Tazama ...
Economy
Bank of Zambia raises benchmark interest rate to 9.50%
The Central Bank has hiked its benchmark interest rate by 25 basis point to 9.50 percent from 9.25 percent after noting the inflation ...
Economy
Canadian firm, GoviEx, says four tonnes of uranium ore samples delivered to Copperbelt University for tests
GoviEx Uranium, a Canadian firm, has delivered over four tonnes of uranium ore samples to the Copperbelt University where confirmatory metallurgical test are ...
Economy
Tazama pipeline reportedly spills over one million litres of low sulphur gasoil, as ‘contractor’ blamed for damage
Over one million litres of Low Sulphur Gasoil (LSG) has leaked from the ruptured Tazama pipelines supposedly caused by a contractor, while carrying ...
Economy
Online taxi drivers make good their threat, disrupt operations at Yango, as firm alleges vandalization of property
Fears that drivers of ride-hailing companies, such as Yango and Ulendo, would boycott services were confirmed Tuesday as Online Taxi Drivers Association of ...
Economy
Govt announces plans to launch initiative to help SMEs organize bankable, climate change projects
Government is this week set to launch an initiative which will help Small and Medium Enterprises (SMEs) to come up with viable and ...
Economy
Yango, Ulendo, others may experience shut down of services as drivers body plan boycott
Online taxi drivers are planning an indefinite shutdown of their operations in Lusaka and Copperbelt as a result of alleged exploitation and poor ...