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The negative noise is killing Zambian economy – Economist Haabazoka

The negative noise is killing Zambian economy – Economist Haabazoka

994 ViewsEconomist Dr Lubinda Haabazoka has charged that the the negative loud talk is killing the economy in Zambia. Dr Haabazoka who is also the president of Economic Association of Zambia (EAZ) says citizens need to avoid the negative talk and exhibit patriotism to serve the Zambian economy. Following reports of suspension of Aid by […]

No one will frustrate our efforts to restructure the tobacco industry – TBZ

597 ViewsTobacco Board of Zambia (TBZ) Executive Officer James Kasongo says he would rather have reduced Tobacco production with a well-structured marketing system as opposed to an increased production that benefits only few individuals. Speaking at the official opening of the stakeholders meeting in Lusaka Wednesday, the TBZ CEO says his efforts to restructure the […]

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Zambia under financial pressure

1622 ViewsZambia is under intensive financial pressure with President Lungu now giving a one-week ultimatum that those involved in theft of donor money be brought to book. This follows the freezing of donor aid by the United Kingdom. And with the story making international headlines, the Kwacha, the local currency depreciated against the major currencies […]

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HH is inciting Zambians to rise against the Chinese – PF

1765 ViewsThe ruling party, Patriotic Front (PF) has accused opposition leader Hakainde Hichilema (HH) of inciting Zambians to rise against the Chinese Nationals in the country. And the PF has appealed to the International community and Human rights bodies to take an interest in HH and what they call a clique of some foreign funded […]

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Govt desperate for cash, cars are moving even more slowly than usual as motorists are fleeced

1337 ViewsTHE cars in Lusaka are moving even more slowly than usual: hidden speed cameras have spooked drivers in Zambia’s capital. The government is desperate for cash, so motorists who speed are being fleeced. The regime has also announced taxes on boreholes, internet calls and even weather reports. “The pressure is falling on the ordinary […]

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KCM is an important part of the Zambian economy – British Envoy

1250 ViewsBritish High Commissioner to Zambia his Excellency Fergus Cochrane – Dyet has said KCM plays an important part in the mining sector and economy of Zambia. He said this when he visited KCM operations in Chingola yesterday. The High Commissioner noted that Zambians are benefiting from the mine through employment and the company’s robust […]

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How to identify and mitigate risks in a small business

787 ViewsAlthough small and medium enterprises (SMEs) face a number of the same risks and challenges as large businesses, their limited capacity to absorb subsequent profit losses can severely affect the business’s cash flow, and in extreme cases, lead to bankruptcy. This is according to Alison Lungu, Country Manager at Business Partners Zambia (BUSINESS/PARTNERS), who […]

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Chinese takeover of Zambia’s assets is real

2156 ViewsBy Diggers Editor The government has gone into overdrive trying to defend the country’s reputation over fears that China is about to take over strategic national institutions and assets. In the past week, we have seen our diplomats abroad, government officials and PF propagandists, sweating to defend the Chinese agenda in Zambia. We understand […]

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Reckless in Lusaka – Economist Magazine

688 ViewsZambia’s looming debt crisis is a warning for the rest of Africa A decade after debt relief, the country is horribly in hock again DEBT stalks Africa once again. Over the past six years sub-Saharan governments have issued $81bn in dollar bonds to investors hungry for yield. Piled on top of this are murkier […]

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Address taxation concerns, Lungu urged

1072 ViewsPresident Edgar Lungu will officially open Parliament this Friday and governance activist Macon Nkhoma believes it will be imperative that the Head of State gives key policy pronouncements that give the direction of the 2019 national budget. Nhkoma notes that stakeholders are highly expectant that President Lungu will address taxation issues which have dominated […]

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