Economy

Council Razes Makeshift Structures at Mokambo Border

The Mufulira Municipal Council has demolish makeshift structures at Mokambo Border Post bordering Zambia and DR Congo on the Copperbelt Province. The demolition of the makeshift stands was conducted in...

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30 SA Investors Pledge to Invest in Zambia

A delegation of 30 South African investors visiting Zambia on a trade mission have pledged to invest in rail, road, steal, manufacturing and mining on the Copperbelt. During a courtesy...

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1,500 Contract Workers Lose Jobs at Mopani

Over 1,500 workers engaged by various contractors at Mopani Copper Mine’s Mindola and Central Shafts have lost their jobs following the mining giant’s decision not to renew all contracts for...

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ZANACO Projects Tight Liquidity

ZANACO has projected an end year inflation of 10.46 per cent this year premised on increased prices of basic commodities. ZANACO has further indicated an expected slowdown in economic growth...

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ZRA Recovers K2m From Dubiously Imported Heavy Duty Vehicles

The Zambia Revenue Authority (ZRA) has recovered K2 million in taxes  from owners of 356 heavy duty vehicles impounded for dubiously entering Zambia in June this year. ZRA Corporate Communications...

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Manda Hill Mall Up For Sale

Manda Hill Shopping Mall has been put up for sale by Hyprop Investments, the owner of Hyde Park Corner, The Mall of Rosebank and Canal Walk, as the foreign investor...

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IMF Expresses Concern at Zambia’s Debt

The International Monetary Fund (IMF) Executive Board has welcomed the recent monetary tightening measures by the Bank of Zambia (BoZ), after concluding its 2019 Article IV consultations with Zambia. And...

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Vedanta’s Paid Research Firm Denies Conflict of Interest

Following an exposé investigation published by Zambia Reports which examined the inner workings of Vedanta Resource’s influence campaign aimed at the Republic of Zambia over the Konkola Copper Mines (KCM)...

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KCM Sale Won’t Stop Arbitration Process, says Chipimo

Elias Chipimo Jr, leader of the opposition National Restoration Party (NAREP), has said even if government proceeds to sell Konkola Copper Mines (KCM) to another investor, the arbitration process started...

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Parley Adopts Motion to Stop Data Bundle Expiry

Parliament has unanimously adopted a motion urging government to prohibit internet service providers from prescribed expiry dates on Internet bundles purchased by customers The mover of the motion, Professor Geoffrey...

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