Business
Page: 5
By ADRIAN MWANZA GOVERNMENT should consider reintroducing subsidies on commodities like fuel to stabilise the economy which at the moment is not doing well, former Bank of Zambia governor Christopher Mvunga has said. Mr Mvunga in an interview said the government needed to put in place measures that would enable put the economy back on […]
THE increase in fuel prices in the country is not governments wish but due to external factors which is as a result of external factors which the Zambian government should bear with the New dawn government, vice president Mutale Nalumango has said. Ms Nalumango said Zambia was not the only country that had been affected […]
FRAUD arising from forging insurance certificates has deprived Government of revenue and this can only be dealt with by designing and implementation of digital platforms, says Science and Technology Minister, Felix Mutati.
By BUUMBA CHIMBULU ABOUT US$500 million is expected to be invested in an ambitious solar and wind energy project by the First Quantum Minerals (FQM) which it hopes will provide stable power for its operations on a long-term sustainable basis. Construction of the 430 Mega Watts (MW) project is expected to start next year. It […]
By KETRA KALUNGA PROMOTE increased production to strengthen the export sector for the country’s economy that is struggling to strengthen the Kwacha, an economist, Noah Kabwita, has advised Government. Mr. Kabwita said production for exports is what strengthens the economy especially in a country like Zambia with a weak currency. He said in an interview […]
The uncompetitive mining tax regime remained a challenge for the industry as it was prone to constant interfering and change by the previous Government and this should not be repeated by the current administration.
SUN BUSINESS writes @SunZambian ZAMBIA’S Annual inflation rate for January has decreased to 15.1 percent from last month’s 16.4 percent. Zambia Statistics Agency (ZAMSTATS) Interim Statistician General Mulenga Musepa said that the decrease of 1.3 percentage points which has been recorded in this month means that on average the prices of goods and services increased […]
BUUMBA CHIMBULU writes @SunZambian OPTIMISM for this year’s global economic growth from Chief Executive Officers (CEO’s) across the world is a tick higher than the 76 percent confidence level from a year ago. Despite the array of shifting headwinds, the CEOs are the most optimistic about the prospects for a stronger economy in the coming […]
SANFROSSA MANYINDA writes @SunZambian FIRST Quantum Minerals has globally achieved its highest-ever annual copper production of 816,000 tonnes, a 5% increase from 2020. The achievement is however attributed to record production at its new Cobre Panama mine, and the resilience of its other operations. Copper production in the fourth quarter of 2021 was 201,000 tonnes. FQM […]
BUUMBA CHIMBULU writes @SunZambian THE Kwacha is expected to close this year on a relatively weaker note as the Bank of Zambia (BoZ) is expected to ease its intervention in the market. Easing interventions in the market by the Central Bank will lead to Kwacha weakness into the first half of 2022, says First National […]
