Economy
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By ANDREW MUKOMA LUSAKA has remained the most expensive city to live in after registering a K415.62 increase in the cost of living for a family of 5 for month of December 2022. The Jesuit Centre for Theological Reflections (JCTR) basic needs and nutrition basket has indicated. According to Basic Needs and Nutrition Basket (BNNB […]
By NATION REPORTER AMBIANS have the capacity to run and successfully operate Mopani and Konkola Copper Mines (KCM) without the intervention of foreign entities, former Economics Association of Zambia (EAZ) president Lubinda Haabazoka has said. Dr Haabazoka says what was just needed was the two mines to be recapitalized and let Zambians operate them because […]
Mealie meal prices should be stable because we have not increased any prices for the past few months, so we would expect the retailers and all the traders to maintain the same, Millers Association of Zambia (MAZ) President Andrew Chintala has said. Mr Chintala in an interview refuted claims of rising mealie meal prices and the fact that prices above K200 per 25kg bag of breakfast mealie meal in some parts of the country.
Citizens’ First Party President Harry Kalaba, says the country is likely to face famine due to delayed distribution of farming inputs. Mr Kalaba said farmers in various parts of the country have not received the farming inputs hence affecting the 2022-20223 farming season.
Businesses need a comprehensive schedule for them to plan effectively for the load shedding or else they will be hurt by the six-hour long load-shedding every day, says Kitwe District Chamber of Commerce and Industry President Emmanuel Mambiko. Mr Mbambiko said Zesco Limited must come up with a comprehensive load shedding schedule to enable players in various sectors of the economy to plan for their operations and ensure that production was not adversely affected
Oil Marketing Companies Association (OMCAZ) has said there is need for Government to quickly resolve issues between tanker drivers and multinational oil marketing companies over the issue of contracts before the country experiences disruption in the fuel supply chain.
Time will come when fuel prices will be lower than where the Patriotic Front (PF) left it because of the interventions the UPND administration has put in place, Thabo Kawana, has predicted.
The delay and zero delivery and distribution of fertilizer across the country is a deliberate ploy to create a crisis that would lead to ‘corrupt’ single sourcing of farm inputs.
By Prisca Lumingu Government has explained that the US$275 million approved concessional loan by the World Bank will be disbursed in two tranches, with US$175 million disturbed immediately after the signing of the agreement while US$100 million in the next three months.Finance and National Planning Minister Situmbeko Musokotwane says this is to allow the Government […]
THE Kwacha is expected to trade stable as demand in the market seems to be slowing down while corporates seek to pay for their local tax obligations.
