Category: Business

ZAMBIA’S ECONOMY PROJECTED TO GROW BY IN 2025 FROM THE 1.2% IN 2024

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

I BOUGHT KCM FOR $25MILLION BUT MAKE $500MILLION A YEAR SINCE 2003 – ANIL AGARWAL

Flashback: I BOUGHT KCM FOR $25MILLION BUT MAKE $500MILLION A YEAR SINCE 2003 – ANIL AGARWAL KONKOLA Copper Mines owner Anil Agarwal has mocked the Zambian government over the paltry amount of money he paid to buy the mine, which is now giving him millions of dollars in profit. And ActionAid Zambia economic justice project… Continue reading I BOUGHT KCM FOR $25MILLION BUT MAKE $500MILLION A YEAR SINCE 2003 – ANIL AGARWAL

Open Letter to Mines Minister Paul Kabuswe and President Hakainde Hichilema: The Truth About Mopani Copper Mines

Editor’s Choice – Open Letter to Mines Minister Paul Kabuswe and President Hakainde Hichilema: The Truth About Mopani Copper Mines Dear Paul Kabuswe and His Excellency President Hakainde Hichilema, As the Mopani Copper Mines saga unfolds, it is becoming increasingly clear that this is no ordinary debate. What we are witnessing is a turning point… Continue reading Open Letter to Mines Minister Paul Kabuswe and President Hakainde Hichilema: The Truth About Mopani Copper Mines

Gift Shops warned; Money bouquets will get you 10-year jail

Gift Shops warned; Money bouquets will get you 10-year jail  THE Bank of Zambia (BoZ) has warned of a possible 10-year imprisonment, once convicted, for people using money to make a bouquet, as this is treated as deliberately mutilating and degrading the local currency. Responding to a trend where citizens are using money, Kwacha and… Continue reading Gift Shops warned; Money bouquets will get you 10-year jail

DAILY UPDATE ON THE MOVEMENT OF THE COLD BOX UNIT ABNORMAL LOAD

DAILY UPDATE ON THE MOVEMENT OF THE COLD BOX UNIT ABNORMAL LOAD The Cold Box Unit Abnormal Load will today, 11th November 2024 resume its movement. On Saturday, the abnormal load covered a total distance of 73.5 kilometres from Mazabuka to Kafue District and eventually parked at Shimabala Toll Plaza. It is expected to resume… Continue reading DAILY UPDATE ON THE MOVEMENT OF THE COLD BOX UNIT ABNORMAL LOAD

Zambia surpasses SA as biggest supplier of electricity to Botswana at 40.5%

Zambia surpasses SA as biggest supplier of electricity to Botswana at 40.5% By Daily Revelation Reporter Zambia has surpassed South Africa as the biggest supplier of electricity to Botswana despite its decimated power generation capacity locally where Zambians have been enduring 21-hours of daily loadshedding, even more. And South Africa’s Eskom, the former biggest supplier… Continue reading Zambia surpasses SA as biggest supplier of electricity to Botswana at 40.5%

HH has failed-Zim Minister

HH has failed-Zim Minister Minister of State for Masvingo Provincial Affairs and Devolution, Hon Ezra Chadzamira was giving an example of Zambia’s failed leadership of President Hakainde Hichilema. “From the time HH entered into office as Zambian President what has he done?” Audience responds; “Nothing he has done.. Hon. Chadzamira; “The Zambians are suffering with… Continue reading HH has failed-Zim Minister

SEVERAL OMCs PROTEST OVER RECENT REDUCTION IN FUEL PUMP PRICES

SEVERAL OMCs PROTEST OVER RECENT REDUCTION IN FUEL PUMP PRICES Several Oil Marketing Companies-OMCs have over the past few days halted fuel imports in protest against the recent reduction in fuel pump prices. According to Oil Marketing Companies Association of Zambia- OMCAZ President Dr. Kafula Mubanga, some rogue OMCs are revolting against the price adjustment,… Continue reading SEVERAL OMCs PROTEST OVER RECENT REDUCTION IN FUEL PUMP PRICES

STAKEHOLDERS BACK ZESCO’S RESUBMITTED APPLICATION FOR AN EMERGENCY TARIFF UPWARD ADJUSTMENT

STAKEHOLDERS BACK ZESCO’S RESUBMITTED APPLICATION FOR AN EMERGENCY TARIFF UPWARD ADJUSTMENT Various stakeholders have backed power utility Zesco’s resubmitted application to the Energy Regulation Board-ERB-for an emergency tariff upward adjustment where it seeks to raise $14 million per month for power imports during the current energy crisis. Making a submission at the Zesco Emergency Tariff… Continue reading STAKEHOLDERS BACK ZESCO’S RESUBMITTED APPLICATION FOR AN EMERGENCY TARIFF UPWARD ADJUSTMENT