Economy

Lack of School in Chisangwa Moves Kalulushi Mayor to Donate Cement for Classroom Block

Kalulushi Mayor Rashida Mulenga has donated 40 bags of cement to go towards the construction of a one by two classroom block in Chisangwa area During a visit to the...

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27,000 SME Jobs Created in 2018, Says Govt

Commerce, trade and industry minister Christopher yaluma has disclosed that 27,000 jobs were created through the small and medium enterprises last year. Speaking on the sidelines of the World Economic...

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ZCCM-IH Hands Over Dividend to Govt

The Zambia Consolidated Copper Mines Investment Holdings has handed over a cheque worth K16.8 million to the Ministry of Finance as dividends for the 17.3 percent shares held on behalf...

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British Investor Expresses Interest in Uchi Dumpsite

An investor from the United Kingdom, Copper Tree, has shown interest in setting up a Copper Processing plant at the recently closed Uchi dumpsite opposite the famous black mountain. After...

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EAZ Responds to Mills’ Zambia Debt Article

The Economics Association of Zambia has responded to an article written by Dr Greg Mills published by the Daily Maverick in which he raised serious concerns about Zabia’s debt default....

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Govt Threatens Sanctions on Mopani Over Waste Discharge

The Ministry of Mines and Mineral Development has threatened to penalise Mopani Copper Mines over alleged failure to control the discharge of waste with traces of acid and uranium being...

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Lafarge Has New CEO

Lafarge Zambia has appointed Jimmy Khan as the new Chief Executive Officer. Board chairman Muna Hantuba made the announcement in a statement, saying Khan’s appointment is with immediate effect. “Mr....

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Glencore Boss Meets DRC president Felix Tshisekedi

GLENCORE CEO, Ivan Glasenberg met with Felix Tshisekedi, the newly elected president of the Democratic Republic of Congo (DRC) early this week, said Bloomberg New citing three people familiar with...

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Fuel Shortage Hits Mwinilunga

A shortage of fuel has hit Mwinilunga district in North Western Province, forcing vendors to inflate a litre of petrol to as high K25. The district has reportedly had no...

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Fuel Price Cut Due to Falling Global Prices, says ERB

The Energy Regulation Board has said the reduction in fuel pump prices is a result of falling oil costs on the international market and the stability of the local currency....

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