Economy

Chingola in Cattle Disease Outbreak

Foot and Mouth Disease has broken out in Chingola District on the Copperbelt with over 500 heads of cattle testing positive to the deadly disease. District Livestock and Fisheries Officer...

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Investors rattled by takeover of Zambian mining operation

Joseph Cotterill in Lusaka Zambia has stoked fears among businesses about the rule of law after the government oversaw the placement of a mining operation operated by India’s Vedanta into...

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Mboweni Apologises to Zambia for ‘Zambia Airways Fleet’ Tweet

South Africa’s Minister of Finance Tito Mboweno has apologized to Zambia for any offence caused by his ‘Zambia Airways fleet’ tweet. Mboweni tweeted that “I recall the days when this...

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ERB Investigates Contaminated Fuel in Claims in S/P

The Energy Regulation Board is actively investigating reports of contaminated fuel from selected filling stations in Livingstone and Kalomo in the Southern Province. This follows complaints received by Total, Pump...

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Court Stays KCM Liquidator’s Powers to Sell Assets

Lusaka High Court Judge Annesi Banda-Bobo has stayed the powers of the Konkola Copper Mine’s Provisional Liquidator Milingo Lungu to sell assets or to make arrangements with the creditors. Justice...

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Chinese Investors Must Not Be Given KCM, says MUZ

The Mineworkers Union of Zambia (MUZ) has said it will not support any manouvres by government to bring a Chinese investor to run Konkola Copper Mines (KCM) after completing the...

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Fishing in Mozambique: Failure to Launch?

By Thomas Chaile The fisheries industry is one of the most potentially lucrative sectors in Mozambique. It has the capacity to generate huge income and boost the country’s economic fortunes...

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ZRA Unearths Vehicle Import Scam

Government has been losing over K480 million in taxes through dubiously imported vehicles, Zambia Revenue Authority (ZRA) Communications Manager Topsy Sikalinda has revealed. Sikalinda stated in a statement after the...

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National Financial Switch Goes Live

The National Financial Switch has officially gone live with 14 out of 18 commercial banks in Zambia being connected to the system on Thursday. The Financial Switch has been on...

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Vedanta Denies Sabotage Accusations at KCM

Vedanta Resources has denied allegations that it is involved in acts of sabotage at Konkola Copper Mines and has described the claims as baseless. Vedanta was responding to the allegations...

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