Author: Editor

LUSE Share Index closes February on high

By Masauso Mkwayaya The Lusaka Securities Exchange -LuSE- has recorded an all time high on its all share index pushing the market capitalization value to 95- billion Kwacha. This follows the closing of February with an all time high of 12,071. 82 -points representing a 12 percent gain. The index measures the movement of share

Lands tribunal to be decentralised

By Mwila Nsofu Cabinet has approved introduction in parliament the Lands Tribunal -Amendment- Bill, of 2024. The Bill is to amend the Lands Tribunal Act Number 39 of 2010, in order to provide for the establishment of a principal registry, regional registry; and the appointment of an Assistant Registrar. Chief Government Spokesperson, CORNELIUS MWEETWA says

TAYALI issues safety ultimatum to PSV operators

By Wilson Mulinda Government has given public service vehicle operators a six month ultimatum to implement fleet safety management for their employees. Transport and Logistics Minister FRANK TAYALI says the high number of accidents by Public service vehicle drivers is alarming and requires immediate attention. Mr. TAYALI has also challenged road transport stakeholders to draw

Afreximbank commits US$1.6 Billion to Zambia

(ZANIS) The African Export-Import Bank –Afreximbank -has committed 1.6 Billion United states dollars to Zambia towards development financing. The financing is aimed at strengthening the country’s food security among other economic activities. Speaking when he called on President HAKAINDE HICHILEMA at State House, Afreximbank President BENEDICT ORAMAH urged the Zambian government to utilise the available

ZESCO to start load-shedding

By Joshua Jere ZESCO has announced that it will soon start load-shedding power due to low water inflows in reservoirs caused by the drought. Company Director Generation, WESLEY LWIINDI says the situation is so dire that Zesco has had to reduce power generation at Kariba dam to allow for water to build up in the

Police officers challenged

By Mwila Nsofu President HAKAINDE HICHILEMA has challenged Police Officers to introspect in the face of allegations concerning certain vices that tarnish their noble profession. President HICHILEMA has cited the allegations as corruption and unlawful conduct within the ranks. The President says government stands in solidarity with the men and women, who tirelessly serve the
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