Economy
Bankers propose zero-rating interest component of Finance lease to make asset acquisition affordable
The Bankers Association of Zambia (BAZ) has proposed zero rating the interest component of a Finance Lease, a measure expected to make the ...
Editor's Pick
Police foil robbery at Lusaka’s Interland Puma Filling Station, four armed suspects killed (Video)
Police have reportedly thwarted a robbery at Interland Puma Filling Station in Lusaka’s Libala area, resulting in the fatal shooting of four criminals. ...
Economy
Use of dollar for local transactions may become a criminal offense soon
The Bank of Zambia (BoZ) has drafted new regulations to curb the use of foreign currencies in the economy, particularly during a local ...
Economy
Energy regulator, ERB, reduces petrol, diesel pump prices to K31.58, K29.34 respectively
The Energy Regulation Board (ERB) has adjusted downwards the price of petroleum products for the month of July 2024, citing an appreciation in ...
Economy
Minister Kabuswe confirms all legal bottlenecks to takeover of Konkola Copper Mines by Vedanta now removed
Mines and Mineral Development Minister, Paul Kabuswe, has confirmed that Lusaka High Court has approved Konkola Copper Mines (KCM) creditors scheme of arrangements, ...
Editor's Pick
Zambia reports 15.2% inflation, as M’membe describes state of economy as worse than COVID-19. See our top 10 stories of the week
In case you missed them, here are our top 10 stories of the week: 1. President Hakainde Hichilema has called for the rationalisation ...
Editor's Pick
Socialist Party leader, M’membe, claims current economic woes worse than effects of COVID-19
Dr. Fred M’membe, the Socialist Party (SP) leader, has expressed doubts about Zambia’s revised Gross Domestic Product (GDP) growth forecast of 2.3 percent, ...
Editor's Pick
Govt accuses Patriotic Front, others of neglecting power sector, causing electricity crisis (Video)
The government has accused the former ruling Patriotic Front (PF) administration of neglecting investment in alternative power generation, leading to the prolonged load-shedding ...
Economy
Zambia’s inflation rate rises to 15.2% in June, as growth rate falls to 2.2% in Q1
Zambia’s annual inflation rate has surged to 15.2 percent in June, up from 14.7 percent in May, according to the Zambia Statistics Agency ...
Editor's Pick
Luapula chiefs join in rejecting proposed $72 billion Vietnamese investment project
The Luapula Council of Chiefs has joined other stakeholders in rejecting the proposed US$72 billion Vietnamese rice investment project spearheaded by VietZam Development ...
