Category: Business

CURRENT MEALIE-MEAL PRICES FETCHING AT 410 IN EASTERN PROVINCE ARTIFICIAL The Millers’ Association of Zambia says the current high mealie-meal prices in eastern province fetching at K410 is artificial. MAZ president Andrew Chintala explains that the price hike has come about because millers in the last two months did not get any clearance from the… Continue reading CURRENT MEALIE-MEAL PRICES FETCHING AT 410 IN EASTERN PROVINCE ARTIFICIAL

By Balewa Zyuulu President Hakainde Hichilema has commissioned the Zambian Breweries upgraded plant with a call on Zambians to stop vilifying investors but have a positive outlook on investments as they contribute to economic advancement of the country. Speaking during the commissioning in Lusaka today, President Hichilema says it is unfair for politicians to call… Continue reading PRESIDENT HICHILEMA URGES ZAMBIANS TO STOP VILIFYING INVESTORS

SALARY AND WORKING CONDITION NEGOTIATION AT MOPANI AND KCM DEFERRED By Michael Kaluba Negotiations for salaries and working conditions at both Konkola Copper Mines-KCM- and Mopani have been put on hold for three months, until April this year. According to National Union of Miners and Allied Workers-NUMAW- president Saul Simujika, negotiations have been deferred due… Continue reading SALARY AND WORKING CONDITION NEGOTIATION AT MOPANI AND KCM DEFERRED

OMCAZ IMPLORES GOVERNMENT TO RESTRICT THE USE OF THE TAZAMA PIPELINE By Michael Kaluba The Oil Marketing Companies Association of Zambia has implored government to restrict the use of the TAZAMA Pipeline to Zambian enterprises and compel foreign multinationals to invest in fuel storage capacity. According to association president Dr. Kafula Mubanga, storage capacity must… Continue reading OMCAZ IMPLORES GOVERNMENT TO RESTRICT THE USE OF THE TAZAMA PIPELINE

GOVERNMENT PLANS TO INCREASE COPPER PRODUCTION TO STABILIZE FOREIGN EXCHANGE MINISTER of Finance and National Planning Situmbeko Musokotwane says Government is ready to face the challenge of stabilizing the foreign exchange rate through various investments such as increasing copper production in the mining sector. Speaking at the launch of the new Indo Zambia Bank, Longacres… Continue reading GOVERNMENT PLANS TO INCREASE COPPER PRODUCTION TO STABILIZE FOREIGN EXCHANGE

ZUPED HAPPY WITH EXPORT PROCEEDS TRACKING FRAMEWORK …..it will help stabilize the kwacha and also improve Zambia’s economy The Zambians for Unity Peace and Development (ZUPED) has expressed happiness that the implementation of export proceeds tracking framework will help stabilize the local currency, kwacha. ZUPED President Ronnie Jere is also confident that this will help… Continue reading ZUPED HAPPY WITH EXPORT PROCEEDS TRACKING FRAMEWORK