Finance Minister Felix Mutati says Government has paid over 4.2billion kwacha to contractors and suppliers of goods and services in order to stabilize the Economy. Mutati says the money has been paid for over a period of six months to unlock the liquidity problem that the country was facing. He says the availability of Liquidity
The Daily Nation newspaper has alleged that UPND vice president for administration, Geoffrey Bwalya Mwamba, got his honorary doctorate after paying US$5, 500 for a two day seminar at a luxurious Dubai hotel. The Commonwealth University last week conferred Mwamba, popularly known as GBM, with an honorary PhD in Business Administration during the 15th Dubai leadership Summit
Mazabuka Central Member of Parliament Garry Nkombo has challenged Government to justify why Food Reserve Agency (FRA) will buy a 50kg bag of maize during this year’s marketing season at K60. FRA recently announced that only 500,000 tonnes of maize and 2,100 tonnes of paddy rice and 20, 000 tonnes of Soya Beans will be
Energy Minister David Mabumba has proposed the establishment of a Technical Committee to spearhead the production of bio-fuels in the country. Mr Mabumba made the proposal during a one day Bio-fuel and Cassava Stakeholders meeting in Lusaka organized by Barclays Bank Zambia Plc. He states that enhanced production of bio-fuel and ethanol can help the
MMD President Nevers Mumba has written to Finance Minister Felix Mutati seeking the truth on Zambia’s true debt position. In a letter dated July 31st 2017 addressed to Mr Mutati and made available to the media, Dr Mumba is requesting Mr Mutati to state the final position on Zambia’s debt position after he issued conflicting
By ANDY HOME - THE prices of copper have finally emerged from their extended winter hibernation, breaking out of an eight-month trading range to hit two-year highs. The prices for three-month copper on London Metal Exchange broke through the top of that range at $6,200 last Tuesday and have not relented since. Yesterday morning they
When Rose Sibisi started her own firm five years ago, she only had a vague idea of running a business. “I had no entrepreneurial background and no business plan to talk about, which is why I sort of went into what I already knew to do,” she says. Ms Sibisi, a customer communications specialist, gained
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