Category: Business

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

MALAWI FA CHASING AFTER THE FORMER COPPER QUEENS COACH’S SIGNATURE AFTER HE  WAS REPLACED BY NORA HAUPTLE IF ALL GOES  WELL BRUCE MWAPE WILL BRING STABILITY TO THE MALAWIAN WOMEN’S FOOTBALL

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

ZESCO ENDS 2024 IN DARKNESS AND EMPTY PROMISESBy Staff Reporter ZESCO Limited’s end-of-year statement paints a picture of progress, but for most Zambians, 2024 has been another year of broken promises, chronic load-shedding, and a utility company seemingly incapable of meeting the country’s energy needs. While ZESCO blames the prolonged drought for the ongoing crisis,… Continue reading ZESCO ENDS 2024 IN DARKNESS AND EMPTY PROMISES

Kulima Tower drivers to receive mealie meal bonuses while offering free rides today KULIMA Tower Bus Station drivers are expressing their gratitude to both their customers and the government by offering free rides to December and January-born passengers today. https://www.facebook.com/share/p/152QC5UVWy/?mibextid=oFDknk The station’s vice chairperson, Friday Mwansa said the free rides have started in the morning… Continue reading Kulima Tower drivers to receive mealie meal bonuses while offering free rides today

Musokotwane decision to borrow More is reckless By The Economist 12.12.24 We have seen a letter from the Speaker of Parliament recalling Parliament to reconvene on 17 December 2024. The subject matter at hand is to consider the Report of the Planning and Budgeting committee on the Revised Annual Borrowing Plan for 2024. We also… Continue reading Musokotwane decision to borrow More is reckless

God bless Zesco, says Mapani while bidding farewell AN era of service has come to an end for former Zesco managing director Victor Mapani who prayed that God should bless Zesco and its staff so that the utility can serve the country in the best way possible. https://www.facebook.com/share/p/1BmEevQfM3/?mibextid=oFDknk Mapani whose contract came to an end… Continue reading God bless Zesco, says Mapani while bidding farewell

Zesco Ditches Gensets for Solar: A Dramatic Shift to Save a Fortune (And Maybe the Planet In an unexpected twist that could rival the plot of any high-stakes soap opera, Zambia’s electricity supply giant, Zesco, has made a decision that will leave you wondering if they’ve been watching too many eco-documentaries or just had one… Continue reading Zesco Ditches Gensets for Solar: A Dramatic Shift to Save a Fortune (And Maybe the Planet

ZAMBIA’S ECONOMY PROJECTED TO GROW BY IN 2025 FROM THE 1.2% IN 2024 Finance Minister, Dr. Situmbeko Musokotwane has disclosed that Zambia’s economy is projected to grow impressively despite the current challenges. The Minister has attributed the current economic downturn to drought conditions that significantly impacted agricultural output, resulting in a drop in GDP growth… Continue reading ZAMBIA’S ECONOMY PROJECTED TO GROW BY IN 2025 FROM THE 1.2% IN 2024