Restructuring Zesco will negatively affect consumers – Expert
• Restructuring comes at a great cost to a consumer.• Splitting Zesco into three units will increase the overheads.• The cost is going to be
Category : Local Business
Local Busines
Zambia’s 2021 best stock market performance in Africa to attract investors
• Most Banks performed positively leading to a strong rise in share prices.• Increase in Economic performance is another Key driver as to why investors
Haabazoka calls for national Indaba on Zesco, Indeni
• Unbundling of ZCCM has seen Zambia lose grip over its mineral resources.• Energy security is very important.• Splitting Zesco into three separate units will
Small Scale Miners bemoan high fuel prices
• Increase in petroleum products is steep and is bound to affect miners greatly.• Miners will be prompted to downsize the labour force so as
TPAZ urges government not to interfere with wood sector
• Government must clean up the sector by removing all illegal timber dealers.• Government should not have any interference in any business in the sector.•
No progress recorded in Emerald sub-sector in 2021 – ESMAZ
• In 2021 there was no progress due to the Covid-19 the past two years.• Lock downs prevented investors from coming into the country.• Emerald
2022 budget presents an opportunity for economic transformation – PMRC
• Successful implementation of the 2022 budget will require consistency• Government must expedite domestic resource mobilization.• On 29th October 2021, Minister of Finance Dr. Situmbeko
NGO urges Government to find lasting solutions to street vending
• Government, Associations to agree on a lasting solution pertaining street vending• Eviction of street vendors will send hundreds of families into destitution• Local authority
Stronger Kwacha cushions Imported Fruits
• Shocks on rising fuel prices on importers are being cushioned by the US dollar.• As long as the Zambian Kwacha will remain in the
Foreign contractors still dominating construction sector
• Zambian contractors have improved in the way they execute their projects.• However, the level of participation is still too low.• The industry is dominated