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Low market activity as LuSE stocks close at previous levels on Thursday

Low market activity as LuSE stocks close at previous levels on Thursday

164 ViewsTrading on the Lusaka Stock Exchange (LuSE) on Thursday was largely stagnant as most counters maintained their previous transacting levels, latest data from the bourse has shown. In the 17 transactions registered, 199,365 shares were traded resulting in a turnover of K529,067. Trading activity was recorded in CEC, ZMRE, PUMA, SCZ and ZSUG. The […]

ZESCO announces power supply interruption in Lusaka

482 ViewsThe Zambia Electricity Supply Corporation (ZESCO) Limited has announced power interruptions some parts of Lusaka. ZESCO Public Relations Manager Hazel Zulu announced the development. “ZESCO Limited wishes to inform its customers and the general public that there will be interruption of power supply in various parts of Lusaka on Saturday 8th May 2021, from […]

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Former Mopani Copper Mineworkers up in arms over delayed benefits

207 ViewsDozens of former Copperbelt mineworkers are up in arms as they took to the streets to protest the delayed payments of redundancy benefits. The former Mopani Copper mineworkers took it to the streets in Kitwe this morning By the time of publishing, the protests were still on. More news to follow…

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De-gazetting of forest reserves explained

184 ViewsLands Minister Jean Kapata says government’s decision to de-gazette the Maposa forest between Luanshya and Kitwe on the Copperbelt is mainly due to urbanization which has led to encroachment in the said forest thereby forcing the state to take action. Kapata explains that the government has had to de-gazette various forest reserves at the […]

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Lungu mets Chiefs in Namwala District, calls for balance in crop, livestock farming

287 ViewsPresident Edgar Lungu says there is need for farmers to strike a balance between investing in livestock farming and the cultivation of crops. President Lungu says people should not just concentrate on growing crops at the expense of investing in the livestock sector. President Lungu said this when he met Chiefs in Namwala District […]

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About 70% Market levy being stolen by council workers in Kitwe- Survey

213 ViewsAn aspiring candidate for Musonda ward in Kitwe’s kwacha constituency has alleged that his campaign team’s preliminary survey shows 70% of the market tax levy goes to council workers pockets as opposed to the local authority itself and has suggested changes to the collection of market levy. United party for national development newly created […]

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ZRA, cut ties with CCFFAAZ over clearing agents strike

326 ViewsThe Zambia Revenue Authority (ZRA) says it no longer recognizes the Customs Clearing and Forwarding Agents Association of Zambia (CCFFAAZ) because of its manipulative way of dealing with matters. ZRA Commissioner General Dr. Kingsley Chanda says there is no legal instrument that binds their engagements with associations hence the authority’s decision to opt out […]

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Government implored to institute initiative to plug gold leakages

254 ViewsThe small scale miners association of Zambia is calling for the setting up of inspection mechanisms under the ministry of mines and minerals aimed at identifying sites countrywide that produce gold which is not being accounted for. Association president, Kunda Chani notes that Zambia has a lot of gold sites where gold is being […]

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President Lungu signs SI on heavy duty equipment, cargo transportation

244 ViewsPresident Edgar Lungu has signed a Statutory Instrument that will compel importers of Cargo and heavy-duty equipment to use 50 percent of local transporters. Transport Minister Mutotwe Kafwaya says the law will ensure all cargo and heavy-duty equipment that is imported is reserved for local transporters. Kafwaya has since directed the department of transport […]

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Decent work agenda, a top priority area for government- Ministry of Labour

235 ViewsMinistry of Labour and Social Security Labour Commissioner, Givens Muntengwa has today officiated at Labour Day Celebrations that took place at Good Times Steel Company Zambia Limited. Speaking in a speech read on his behalf by Emelda Sichone the Assistant Labour Commissioner at the Ministry of Labour, Muntengwa has applauded the company’s initiative to […]

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Start: 2019-07-01 End: 2019-07-31