Economy
Puma Energy posts K231.51 million profit in 2022 year-end report
Puma Energy Zambia PLC has posted a profit after tax of K231.51 million in 2022 compared to 86.07 million the prior year. The ...
Economy
AECI Mining Explosives revenue down 8%, as exports decline
AECI Mining Explosives PLC has reported a decrease in revenue by eight percent to K904.4 million in 2022 compared to K983.8 million the ...
Economy
Group fears Zambia may be plunged into deeper economic mess if country’s debt crisis stays unresolved
Zambia would have difficulties meeting the International Monetary Fund (IMF) programme conditionalities if further delays in the country’s debt treatment process continued, thereby ...
Economy
Zambia Reinsurance posts K6.063 million in profit, as asset base rises 11 percent
Zambia Reinsurance PLC has posted an increase in profit by 364 percent to K6.063 million in 2022 from K1.307 million the prior year. ...
Economy
Govt denies it plans to return to quarterly template for pricing of petroleum products
Energy Minister Peter Kapala has maintained that the government has no plans to revert to quarterly fuel price reviews despite pressure from stakeholders. ...
Economy
Africast, Transport Ministry set to host conference, exhibition showcasing AfCFTA opportunities
This year’s Land Linked Zambia Conference and Exhibition has attracted participation from seven African countries. The forthcoming second edition has to date attracted ...
Economy
Five agribusinesses to receive €6.5 million under Zambia, EU facility for farmers
Five agribusiness companies have been identified to be supported under the Zambia Agriculture Value Chain Facility meant to trigger sustainable growth and job ...
Economy
Zambia Breweries profits up 55%, as company targets $80 million expansion project
Zambia Breweries PLC has posted an increase of 55 percent in the operating profit to K294 million in 2022 compared to the previous ...
Economy
Govt to procure 241,000 tonnes of fertilizer, insists on empowering local producers, competitiveness
Government has opened tenders for the procurement of 240,760.50 metric tonnes of compound D and Urea fertilizer for the 2023/24 agricultural season. The ...
Economy
Debt servicing, wage bill top govt’s expenditure in February
Government has reportedly spent K3.5 billion on debt servicing in February, as it pledges to build on the economic gains achieved so far. ...
