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Thursday, May 1, 2025
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Business /Economy / Finance

Four Fuel Companies in Breach of Licensing Conditions

The Energy Regulation Board (ERB) has fined and reprimanded four fuel suppliers for breaching various operating regulations and standards. Mount Meru and Uno Energies have...

Lusambo, Wife Face Arrest For Dodging Court

The Economic and Financial CrimesCourt has ordered the arrest of former Lusaka Province Minister Bowman Lusambo and wife, Nancy, for failing to turn up...

Government Shifts Up Gears to Cure Energy Ailments

100MW of solar power is expected to come online in December this year, among a raft of short-term measures to arrest the current energy...

Cabinet Approves Progressive Electricity Sector Changes

Cabinet has approved the implementation of Open Access to electricity transmission and distribution networks in the country to improve access, competition, and investments, which...

Malawi: Search and Rescue Operation Continues for Missing Veep

Malawi’s President Lazarus Chakwera has told the nation that the search and rescue operation to find the missing aircraft carrying his Vice President will...

Debt, Wages Gobble 78% of May Government Expenditure

Internal and external debt servicing and the public sector wage bill accounted for 77.78% of the government’s K14.4 billion expenditure for May, the Ministry...

Cotton Could Increase Zambia’s Forex Earnings

Cotton could earn US$49 million in annual foreign exchange for Zambia, says the Cotton Board of Zambia’s chief executive officer, Mr. Sunduzwayo Banda. Banda projects...

ZESCO Lands $100 Million World Bank Grant

State power utility ZESCO Limited (ZESCO) has received a $100 million World Bank grant to improve its financial and operational position. The funds make up...

Bondholders Overwhelmingly Agree to Zambia’s Debt Restructuring

The holders of Zambia’s bonds have voted overwhelmingly to restructure the debt, the Ministry of Finance and National Planning has announced. In a statement issued...

𝗟𝗠𝗠𝗨 𝗥𝗼𝗮𝗱 𝗚𝗲𝘁𝘀 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝗥𝗲𝗵𝗮𝗯

The Zambia Chinese Association (ZCA) is funding the repair and rehabilitation of the 1.1-kilometer stretch of road between the Levy Mwanawasa Medical University (LMMU)...

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