Economy

Mopani Gives Zambian Miners Pay Rise

Glencore International PLC (GLEN.LN) unit Zambian copper-and-cobalt producer Mopani Copper Mines’ workers will get a 10% pay rise next year. The deal, effective January 2013, ends months of negotiations, union...

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Picture: Mealie Meal Prices Remain High

Zambians yesterday celebrated Christmas Day with a lot of worries as mealie meal prices remain high on most shelves of retail outlets. The situation may not be any better when...

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Soaring Food Prices Irk President Sata

Sata says the soaring mealie-meal prices in the country is unjustified and unacceptable...

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Zambia Reopens Oil Refinery

Indeni Petroleum Refinery in Ndola will today resume operations after it temporally shut down last week to facilitate the shipment of the first consignment of 90 0000 tonnes of fuel...

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Zambia’s FDI falters in 2012

Zambia has recorded a drop in Foreign Direct Investment under the PF government in 2012. According to a preliminary report on a 2012 survey on Foreign Private Sector Investment and...

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Investrust Bank cashier swindled K40 million in magic experiment

In an attempt to offer herself a cash gift during the festive season, a cashier from Investrust Bank in Livingstone has been swindled out of K40 million cash by two...

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Lusaka Mealie Meal Prices On Record High

Retail prices for mealie meal in Lusaka have hit a record high of K72,000, up from about K53,000 per 25kg bag. At Kabwata market traders have increased the price of...

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Zambia’s Private Sector Representative Yusuf Dodia Hails China on Exports

The Private Sector Development Association (PSDA) says the move by China to give Zambia Preferential Treatment of 95% on about 8000 export products to that country presents Zambia an opportunity...

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Now Army Worms Spread to Five Provinces Rising Fears of Poor Maize Harvest

Army worms which are wrecking havoc on agricultural fields have now affected five of the ten provinces in the country, Zambian Vice President Guy Scott told parliament on Wednesday. The...

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Freed Opposition Leader Warns: “Mealie Meal Shortage Can Cause Calamity”

Freed Zambian opposition leader Nevers Mumba has challeged the Patriotic Front government to solve mealie meal shortages on the Copperbelt before calamity befalls the country. The commodity is scarce on...

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