Author: Charles Sakala

Recent Developments In Energy Sector To Erode 2020 National Budget Targets To Stimulate Local Economy

By Logic Lukwanda   Economist Noel Nkhoma has predicted job cuts this year for companies to survive due to economic hardships. And Mr Nkhoma is of the view that most employers will not entertain any salary increment for workers due to the prevailing economic challenges. He told Phoenix News that instead of improving worker’s salaries,…

Consumers Feel Pinch Of Hiked Electricity Tariffs

By Penjani Banda   Some consumers in Lusaka have cried foul following the implementation of the hiked electricity tariffs by state power utility firm, ZESCO. The Energy Regulation Board last week announced electricity tariff hikes averaging 113 percent for domestic consumers effective 1st January 2020. But some consumers talked to by Phoenix News in Lusaka…

Economist Says Sticking To Austerity Measures Is Only Way To Cushion The Impact Of The High Cost Of Living

By Chileshe Mwango/Penjani Banda   Economist Chibamba Kanyama has advised government to stick to the early announced austerity measures if it is to cushion the impact of the high cost of living being experienced by majority of Zambians. Mr. Kanyama is urging government to focus on reducing unnecessary expenditure, sharpen and improve Zambia’s procurement system…

CTPD Says Salary Cuts For Highly Paid Public Officers Will Not Cushion Challenges That Zambians Are Facing

By Patricia Mbewe   The Centre for Trade Policy and Development -CTPD- says the salary cuts for highly paid government officials as directed by President Edgar Lungu will not cushion the challenges that Zambians are currently facing. The salary cut for president Lungu and other government officials comes amid increases in both fuel and electricity…