Category: Business

ALLOW KCM TO OPERATE WITHOUT POLITICAL INTERFERENCE

ALLOW KCM TO OPERATE WITHOUT POLITICAL INTERFERENCE …..if it is to become viable & contribute meaningfully to nation’s socio economic development, says ANDD Lusaka… Wednesday April 16, 2025 (SMART EAGLES) The Advocates for National Development and Democracy (ANDD) has urged the Copperbelt Energy Corporation (CEC) and all other stakeholders to whom the mine is indebted… Continue reading ALLOW KCM TO OPERATE WITHOUT POLITICAL INTERFERENCE

Ghana bans foreigners from trading in its gold market to boost revenue

Ghana bans foreigners from trading in its gold market to boost revenue (BBC) Ghana has banned all foreigners from trading in its local gold market as part of efforts to boost national revenue and streamline the country’s mining sector. It follows the enactment of a new law earlier this month that grants exclusive authority of… Continue reading Ghana bans foreigners from trading in its gold market to boost revenue

Zambeef Products suffers significant loss after fire destroys Millions of Kwacha worth of grain

A devastating Fire At Zambeef Products’ Chiawa Farm operation has destroyed Millions of Kwacha worth of grain, raising serious questions about the cause of the blaze and the measures in place to prevent such losses. According to sources, workers discovered a large portion of the grain had been burnt, leaving behind charred remains. Senior Company… Continue reading Zambeef Products suffers significant loss after fire destroys Millions of Kwacha worth of grain

Catholic Bishops Call for Debt Cancellation as Government Seeks More IMF Loans

Catholic Bishops Call for Debt Cancellation as Government Seeks More IMF Loans In a move that has reignited debate over Zambia’s economic direction, Catholic Bishops have launched a campaign advocating for the cancellation of the country’s external debt. The initiative, aimed at freeing Zambia from its crippling financial obligations, comes at a time when the… Continue reading Catholic Bishops Call for Debt Cancellation as Government Seeks More IMF Loans

Daylight Robbery, Higher Tariffs, More Blackouts

Daylight Robbery, Higher Tariffs, More Blackouts. Zambians have been lied to and exploited. When ZESCO lobbied for an emergency electricity tariff increase, it assured citizens that the additional revenue would improve power supply. At the time, we were told to expect at least seven hours of electricity per day. Now, the very same state-owned utility… Continue reading Daylight Robbery, Higher Tariffs, More Blackouts

PASTOR’S IMPRISONMENT SPARKS OUTCRY OVER FREEDOM OF SPEECH IN ZAMBIA

PASTOR’S IMPRISONMENT SPARKS OUTCRY OVER FREEDOM OF SPEECH IN ZAMBIA …as Dr M’membe questions government’s intolerance toward criticism Kitwe… Wednesday February 5, 2025 The recent arrest and imprisonment of Pastor Duncan Daniel Simuchimba has sparked widespread concern over what critics are calling an erosion of freedom of speech under Zambia’s current administration.  According to a… Continue reading PASTOR’S IMPRISONMENT SPARKS OUTCRY OVER FREEDOM OF SPEECH IN ZAMBIA

Zambia Imports 550MW, Exports Only 80MW – Energy Minister

Zambia Imports 550MW, Exports Only 80MW – Energy Minister ENERGY Minister Makozo Chikote has revealed that Zambia is currently importing approximately 550 megawatts (MW) of electricity while exporting only 80MW. Speaking on Diamond TV on Monday, Chikote explained that the imports were sourced through the Southern African Power Pool, mainly from South Africa, Zimbabwe, and… Continue reading Zambia Imports 550MW, Exports Only 80MW – Energy Minister

NAPSA’s Investment Growth Sparks Mixed Reactions

NAPSA’s Investment Growth Sparks Mixed Reactions The National Pension Scheme Authority (NAPSA) has reported a significant increase in its investment portfolio, from K54.5 billion in 2021 to K87.4 billion in 2024, representing a 60% growth over three years. While the government and the outgoing NAPSA Board of Trustees celebrate this achievement, critics have raised questions… Continue reading NAPSA’s Investment Growth Sparks Mixed Reactions

Zambia’s Economy is Crushing Ordinary Citizens: Prices, Taxes, and Load Shedding Push People to the Brink

Zambia’s Economy is Crushing Ordinary Citizens: Prices, Taxes, and Load Shedding Push People to the Brink. The cost of living in Zambia has reached an alarming point, and it’s no longer just a concern—it’s a full-blown crisis. With the price of a simple cream doughnut now at K60, ordinary Zambians are struggling to keep up… Continue reading Zambia’s Economy is Crushing Ordinary Citizens: Prices, Taxes, and Load Shedding Push People to the Brink