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
Category: Business
ZESCO ENDS 2024 IN DARKNESS AND EMPTY PROMISES
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 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
$80 MILLION DOLLARS MISTAKENLY SENT TO CHINA HAS SHOCKWAVES
$80 MILLION DOLLARS MISTAKENLY SENT TO CHINA HAS SHOCKWAVES The recent revelation that Zesco LIMITED mistakenly sent a staggering $80 million dollars to China has sent shockwaves throughout the nation. The lack of transparency surrounding this transaction is deeply concerning, and it is imperative that the current government spokesperson, Mweetwa, provide the public with a… Continue reading $80 MILLION DOLLARS MISTAKENLY SENT TO CHINA HAS SHOCKWAVES
Musokotwane decision to borrow More is reckless
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
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
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
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