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Mealie meal price hike to follow

1442 Views The Millers Association of Zambia (MAZ) says it is anticipating price movements in mealie-meal and bread due to spiral effects of the fuel increase. MAZ Chairman Andrew Chintala says the movements in the price of mealie meal will be minimal as raw materials are traded in Kwacha. Chintala however told ZNBC News in […]

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Zambia now turning into Zimbabwe – Sakala

1665 ViewsNAREP has likened Zambia to Zimbabwe following the hiking of fuel by the Energy Regulation Board (ERB). ERB announced a K2 increment on fuel today. The information that ERB was about to increase the price has been going on for a month with Board denying. The Zambian Kwacha has also so been depreciating against […]

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Fuel prices shoot up

1266 ViewsThe Energy Regulation Board has adjusted upwards the pump price of fuel by more than K2. The price of petrol per litre has gone up by K2.31, while diesel has gone up by K2.64 with kerosene being increased by K2.49, effective midnight tonight. ERB Board Chairman Raymond Mpundu in a statement today cited international market […]

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Harry Mwaanga Nkumbula International Airport named best in Africa

1594 ViewsHarry Mwaanga Nkumbula International Airport in Livingstone, Southern province has been awarded the 2018 Best Airport in Africa in the category of 10,000-20,000 air traffic management by the Airports Council International Africa. The International Airport which is operated by Zambia Airports Corporation Limited was chosen as winner following an extensive evaluation process from a […]

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Zambeef contribution to food security impresses investors

906 ViewsZambia’s food security is a contributing factor to the nation’s stability, Zambeef chief executive officer Francis Grogan told the company’s largest shareholder this week. Speaking during a tour of Zambeef’s flagship Mpongwe Farm in the Copperbelt, Grogan explained how the nation was self-sufficient in maize, wheat and soybean, in part thanks to production by […]

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Watch: Margaret Mwanakatwe presents 2019 National Budget

2250 Views

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2018 budget must address fiscal discipline and debt – HH

1080 ViewsUPND leader Hakainde Hichilema expects Finance Minister Margaret Mwanakatwe to address the country’s ballooning debt as she presents the 2019 national budget on Friday. Outlining his budget expectations, the opposition leader demands that the Minister announces the mechanism for contracting and tracking of debt from China. Hichilema also demands that the 2019 budget speech must make […]

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RB sues PACRA

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RB sues PACRA

1097 ViewsFormer President Rupiah Banda and two others have sued the Patents and Companies Registration Agency -PACRA- and 29 others for allegedly changing and adding shareholders and directors to their company. Mr. Banda, James Banda and George Chabwera allege that PACRA and 29 others changed and added shareholders and directors to Nyize Enterprises Limited without […]

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World Bank downgrades Zambia’s GDP to 3.3%

829 ViewsWorld Bank downgrades Zambia’s GDP growth to 3.3% from 4.3 per cent in its latest Economic Brief released in Lusaka. This is triggered by dampened agricultural activity, among other factors. And World Bank country manager Dr Ina-Marlene Ruthenberg says the country’s lending rates remain too high for the private sector to borrow credit and […]

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Stanbic comes to the aid of orphans

732 Views Stanbic Bank Zambia has partnered with Habitat for Humanity to build a house in Freedom township for Luke, Elita, Elina and Mary Simuyaba; a young family of four that has been struggling to make ends meet from the time they lost both parents. The donation of the house in Chilanga–means the four youngsters […]

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