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KCM Audit Completed, GRZ Satisfied With Report

Government has concluded the Auding of Konkola Copper Mine- KCM.   Mines Minister Christopher Yaluma has told ZNBC News in an interview today that some of the finding in the…

BOZ Withdraws 97 Percent Of Old Currency Fro Circulation

About 97 percent of the old currency has so far been withdrawn from circulation and a sum total of K4.5 billion injected in the market as legal tender the Bank…

Government Earns Over US$ 30 Million From Toll Gates

Government has in the last six months raised over US$30 million from toll gates erected on seven weigh bridges in Zambia, says Transport Minister Yamfya Mukanga Mr Mukanga said only…

FQM Withdraws $1 bn Investment

FIRST Quantum Minerals Plc has postponed investment worth US$1 billion in capital projects in Zambia due to uncertainty on the fiscal regime. Company director of operations Matt Pascal said while…

‘Capitalization is Not The End Of Tazara Problems’

Dear Editor, I would like to express my views over the problems facing TAZARA at the present moment. Firstly, I would like to point out that even if billion of…

Kwacha Recovery Pinned On Bonds

THE anticipated bond auction by the Bank of Zambia this week, coupled with high interest rates, is likely to cushion the Kwacha, which has been trading on a downward trend.…

Proflight Unveils New Staff Uniforms

LUSAKA, ZAMBIA – Zambia-based regional airline Proflight Zambia has introduced a stylish new ground and cabin crew uniform that reinforces the airline’s flair for staying at the forefront of customer…

‘Rebasing Doesn’t Mean Change Of Currency as Wrongly Put By Chikwanda, BoZ’

Dear editor, Several people in Zambia including the Finance minister and some Bank Of Zambia officials have stated that “the Zambian currency has been changed” or “Zambia has new currency”…

Are Foreign Reinsurers Reaping Off Locals

THE outflow of huge sums of money in form of reinsurance premiums has continued to hit the insurance industry in Zambia. This has raised a lot of concern to a…

CUTS Predicts Price Rises

The Consumer Unit Trust Society International (CUTS) Zambia says a price rise in commodities is expected following the rebasing of the kwacha. CUTS programme officer Tommy Singongi says this is…

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