NAPSA’s Investment Growth Sparks Mixed ReactionsThe 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 ....
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 ....
ZESCO ENDS 2024 IN DARKNESS AND EMPTY PROMISESBy Staff ReporterZESCO 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 ....
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 ....
$80 MILLION DOLLARS MISTAKENLY SENT TO CHINA HAS SHOCKWAVESThe 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 ....
Musokotwane decision to borrow More is recklessBy The Economist12.12.24We 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 ....
God bless Zesco, says Mapani while bidding farewellAN 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 ....
Zesco Ditches Gensets for Solar: A Dramatic Shift to Save a Fortune (And Maybe the PlanetIn an unexpected twist that could rival the plot of any high-stakes soap opera, Zambia’s electricity supply giant, Zesco, has ....
ZAMBIA'S ECONOMY PROJECTED TO GROW BY IN 2025 FROM THE 1.2% IN 2024Finance Minister, Dr. Situmbeko Musokotwane has disclosed that Zambia's economy is projected to grow impressively despite the current challenges. The Minister has attributed ....
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 ....
Editor's Choice - Open Letter to Mines Minister Paul Kabuswe and President Hakainde Hichilema: The Truth About Mopani Copper MinesDear Paul Kabuswe and His Excellency President Hakainde Hichilema,As the Mopani Copper Mines saga unfolds, it ....
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 ....
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 ....
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 ....
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 ....
SEVERAL OMCs PROTEST OVER RECENT REDUCTION IN FUEL PUMP PRICESSeveral 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 ....
STAKEHOLDERS BACK ZESCO'S RESUBMITTED APPLICATION FOR AN EMERGENCY TARIFF UPWARD ADJUSTMENTVarious 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 ....
10 ILLEGAL MINERS DIE IN NANGOMA By Koswe Correspondent in MumbwaTen people have died in an accident at Lwiili Gold Mine in NangomaThe 10 are part of the over 30 illegal miners who were trapped ....
Remove President Hichilema from IDC-World Bank The World Bank has recommended removing Zambia's President from the Industrial Development Corporation (IDC) Board, citing concerns that his role compromises the governance and ownership policies of State-Owned Enterprises ....
ZESCO Suspends Employee Separation Requests Due to Cash Flow constraints ZESCO Board Chairperson Vickson Ncube has announced that the utility company has suspended all mutual separation requests due to financial strain brought on by ongoing ....
British state-owned enterprise takes over Zambeef ownership because of debtZambeef UpdateBritish International Investment (BII) the British parastatal, takes over ZAMBEEFAfter 16th September 2024 BII will own 58.7% of Zambeef becoming the majority shareholder. BII will ....
Zambia positions to benefit from US50 Billion China support to Africa PRESIDENT Hakainde Hichilema has reaffirmed the UPND’s commitment to the partnership with the Communist Party of China (CPC), emphasising his commitment to continue strengthening ....
DIAMOND TELEVISION LAUNCHES NEW FACEBOOK PAGE FOLLOWING UNPUBLISHING DUE TO POLICY VIOLATIONS.By Ennie Kishiki Diamond Television, Zambia’s leading private media house, recently faced the unpublishing of its official Facebook page, which had garnered over 850,000 ....
Now ZESCO extends load shedding to 20 hoursZESCO Limited has announced the introduction of extended load shedding of up to 20 hours in Lusaka, citing a significant power supply shortfall. This development comes as the ....
"THE ASSESSMENT HAS FURTHER REVEALED THAT PART OF THE SOCIETY BUSINESS PARK, THAT IS THE RETAIL MALL AND HOTEL TOWER ARE SOUND BUT NEED ATTENTION TO ADDRESS IDENTIFIED STRUCTURAL DEFECTS."STATEMENT BY MR SHIPANGO MUTETO, CHAIRPERSON ....
We may shut down Kariba Power Station by 14th September-ZESCOPOWER SUPPLY OUTLOOK FOR SEPTEMBER AND OCTOBER 2024 Lusaka, 26 August 2024 - ZESCO Limited (ZESCO") anticipates a significant power supply gap from the month of ....
KARIBA NORTH BANK POWER STATION LIKELY to SHUTDOWN DOWN BY 14TH SEPTEMBER, 2024.FULL STATEMENT FROM ZESCO👇POWER SUPPLY OUTLOOK FOR SEPTEMBER AND OCTOBER 2024 Lusaka, 26 August 2024 — ZESCO Limited (“ZESCO”) anticipates a significant power ....
Despite Zesco's tariff hike proposal, there was no reduction in load shedding - ERB ZAMBIANS have let out a deep sigh of reliefas the Energy Regulation Board (ERB) stepped in to save them from experiencing ....
SECOND LARGEST DIAMOND EVER FOUND UNEARTHED IN BOTSWANABBC-The second-largest diamond ever found - a rough 2,492-carat stone - has been unearthed in Botswana at a mine owned by Canadian firm Lucara Diamond.It is the biggest ....
Mealie-meal on the market may have aflatoxins but is safe for hunan consumption-ChintalaOur mealie meal safe for humans - MAZMILLERS Association of Zambia (MAZ) says mealie meal on the Zambian market meets the stipulated standards ....
We are back in UNIP DaysRE: INVITATION TO COME AND WELCOME THE HEAD OF STATERefer to the above subject matter.I write to invite all Headteachers, Deputy Headteachers, Heads of departments and all Senior Teachers to ....
WE HAVE MADE PROGRESS – MUSOKOTWANE....in July 2024, goverment released K16.8 billion to finance developmental programmes & general public service deliveryLusaka.... Wednesday August 21, 2024 (SMART EAGLES)The Ministry of Finance and National Planning says in ....
IMMINENT HANDOVER OF KCM TO VEDANTA RECEIVED WITH MIXED FEELINGS By Nonhlanhla PhutiThe imminent handover of Konkola Copper Mines -KCM- to Vedanta Resources by President Hakainde Hichilema has been received with mixed feelings by stakeholders ....
GOVERNMENT ENGAGES CHINA’S STARTIMES GROUP TO BOOST ZAMBIA’S SOLAR POWER GENERATIONThe government is in discussions with China’s StarTimes Group to explore the installation of a solar power plant aimed at enhancing the country’s electricity generation ....
LUNGU'S CABINET APPROVED THE SALE OF SBP- Dr. NAMAFORMER President Edgar Lungu’s Cabinet approved the proposal to sale Society Business Park (SBP) to the National Pensions Scheme Authority (NAPSA) at K230 million in 2020, contrary ....
ZNBS Bought Manu Building from African Life Insurance at K89m ( $5.7million)-NAMAZambia National Building Society -ZNBS Immediate Past Board Chairperson DAVID NAMA has refuted claims that ZNBS bought a property called MAANU CENTRE at Elunda ....
ZNBS BOARD CHAIRPERSON JEFF SAMUKONGA CONFIRMS BUYING ELUNDA PARK FOR $10MILLION...we have sold Zambia's tallest building, Society House and bought Elunda Park....Dear Madam Managing Director. It is with surprise and dismay that I have read ....
GOVT BUYS DIEGO CASSILIS BUILDING FOR $10MILLION...ZNBS buys the three-storey building owned by Diego Casilli for $10 million...Our Brief: HH will spend his retirement in prison*SCANDAL AFTER SCANDAL EXPOSURE # 2GOVERNMENT BUYS A BUILDING FOR ....
ZAMBEEF CLARIFIES MEDIA REPORTS REGARDING THE SALE OF CHIAWA FARMZambeef, the fully integrated cold chain foods and retail business with operations in Zambia, Nigeria and Ghana, notes the recent media commentary in Zambia, which has ....
