The Turkish Locomotive and Engine Industry says it intends to partner with Zambia Railways Limited to develop an inner-city railway system and provide skills training in production and refurbishment of locomotives. Company General Director Hayri Avci explains that his company…
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The Zambia Federation of Employers has reiterated a concern over the high cost of doing business which has made it difficult for employers to expand their investments. Federation Executive Director Harrington Chibanda explains that the trend has affected their members…
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The Southern Africa Cross Border Traders Association has reiterated a call to the Southern African Development Community to engage the South African government to resolve threats against foreign truck drivers travelling to South Africa for business. Association Chairman Jacob Makambwe…
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An Economist has described the performance of the Kwacha against the United States dollar as being stable in the last week of the month of August 2019. Mr. Mambo Hamaundu observes that there has been marginal fluctuation in the exchange…
Continue Reading The annual rate of inflation as measured by all items price index for the month of August 2019 has increased to 9.3 percent from 8.8 percent record in July 2019. Addressing the media in Lusaka, Central Statistical Office Assistance Director…
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State owned Power utility firm Zesco says its ability to provide reliable power supply to the Mines and other customers on the Copperbelt province has been compromised following the damage caused to a 330kilovolt transmission line between Kabwe stepdown sub-station…
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The price of copper, Zambia’s major foreign exchange earner gained by over 0.3 percent to trade at US$ 5,662 from US$ 5,644 per ton. Trade experts have attributed this rise to positive sentiments in the trade war between China and…
Continue Reading Power utility firm Zesco says unknown people have brought down a 330 Kilovolt transmission line tower in the Copperbelt . Zesco Spokesperson Henry Kapata explains that the incident occurred between Kabwe stepdown sub-station and Luano Sub-Station. Mr Kapata tells Money…
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The Ministry Tourism and Arts has warned of changing the staff managing Munda Wanga if operations do not improve in the third quarter of 2019. Speaking during an impromptu visit to the sanctuary and botanic garden, Minister in Charge Ronald…
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The Ministry of Finance says budgetary allocation to the Ministry of Health will be increased in the 2020 national budget. Speaking at the signing of ceremony of a grant of US$3 million from the Japanese government, Minister in Charge Dr.…
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Joseph Tembo