Economy

Lungu Calls on Businesses to Support Local Farmers

During a visit to the Copperbelt today, President Edgar Lungu asked businesses to do more to support local Zambian farmers and entrepreneurs. Speaking at the opening of the Mukuba Mall...

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Mahtani Group Linked to Alleged Embezzlement at Zambezi Portland

The controversial Finance Bank chairman Rajan Mahtani has been having a tough year. Not only has the banker been roped into the corruption tribunal against the suspended DPP Mutembo Nchito...

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Cabinet Slashes Mining Royalties to 9%

Zambia’s Cabinet today announced new changes to the controversial mining tax, slashing royalties for open cast and underground mining down to 9%. Under the previous government of President Michael Sata,...

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Court Throws Out Mahtani’s Injunction on Zambezi Portland Cement

Rule of law is beginning to be re-asserted in Zambia as the Lusaka High Court ruled today to discharge two injunctions brought by the controversial banker Rajan Mahtani with regard...

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What Lies Ahead for China-Zambia Relations?

By Beyongo Dynamic On 24 March 2015, Zambian President Edgar Lungu travelled to China on an eight-day state visit. President Lungu was invited by his Chinese counterpart, President Xi Jinping...

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Lungu Commissions Upgraded Hydropower Station in Mpulungu

President Edgar Lungu has asked the Zambian people to judge him next year according to the achievements that he will have scored for the country. The President said this today...

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Mahtani Dodges Taxes at Zambezi Portland Cement

A newly leaked document related to the Ndola-based Zambezi Portland Cement (ZPC) company shows that under the disputed control of local financier Rajan Mahtani, the company has failed to pay...

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KCM Must Pay K10 Billion for Water Pollution – Supreme Court

The Supreme Court has upheld the Lusaka High Court’s verdict that Konkola Copper Mine (KCM) was liable for the pollution of water in Chingola that led to the sickness of...

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ZPC Appoints New CEO

Today the Ndola-based Zambezi Portland Cement (ZPC) company has appointed a Mr. Stephen Mutambo to serve as Chief Executive Officer (CEO) following the hasty departure of former manager Peter Kanaganayagam....

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Unemployment Woes in Zambia

The protest recently staged by unemployed former University of Zambia students has exacerbated debates on Zambia’s unemployment conundrum. This is an issue that calls for objective reasoning and tangible solutions...

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