THE Bank of Zambia (BoZ) has offloaded a net of US$146 million in the fourth quarter of 2021 to ease currency pressures from petroleum demand.This saw a stronger exchange rate in the period, according to...
Read MoreBy KENNEDY MUPESENI – GLENCORE has recorded marketing revenues of $182 billion, up 46 per cent year-on-year, the latest preliminary financial statement indicates. In the 2021 period, marketing adjusted Earnings, Before Interest, and Taxes (EBIT)...
Read MoreBy JUDITH NAMUTOWE – COMMERCE, Trade and Industry minister Chipoka Mulenga says it is government’s vision to improve the provision of financial services to the Zambian people and attract investment in the economy.Mr Mulenga says...
Read MoreBy CHATULA KANGALI – THE Copperbelt Provincial administration is currently drafting a plan that will ensure the country gets its full benefits from the mining industry.Provincial permanent secretary Augustine Kasongo says through an instruction from...
Read MoreBy MAIMBOLWA MULIKELELA – ABSA Bank Zambia chief executive officer Mizinga Melu has assumed the Bankers Association of Zambia (BAZ) Chairperson. She takes over from Standard Chartered Bank Zambia chief executive officer Herman Kasekende, who...
Read MoreBy STEVEN ZANDE – THE Civil Servants and Allied Workers Union of Zambia (CSAWUZ) has welcomed Cabinet’s decision to approve the Emoluments Commission Bill and called on Members of Parliament (MP) to support the proposed...
Read MoreBy KELVIN MUDENDA – THE Zambia Congress of Trade Unions (ZCTU) has accused the past administration of using Zesco Limited as a cash cow to finance political activities.ZCTU secretary general Cosmas Mukuka said the power...
Read MoreBy MAPULANGA LIBINGA – A NDOLA man convicted for trafficking of psychotropic substances claims that a Catholic priest based in the United States of America (USA) advised him to take cannabis as medicine for his...
Read MoreBy KASONDE KASONDE – ZAMBIA has recorded 319 COVID-19 cases out of the 3,383 tests that were conducted while two people died from the disease as the positivity rate remains a single-digit.The two deaths were...
Read MoreBy KASONDE KASONDE – GOVERNMENT has said it will ensure that the empowerment programmes it is undertaking are sustainable and valuable and will formulate polices and legislative frameworks that will foster investment in technology.Commerce, Trade...
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