Reuters reports that Zambia is close to reaching an agreement with mining companies over its plans to increase electricity prices, Finance Minister Felix Mutati said on Wednesday. The government last month proposed introducing a flat tariff of 9.30 U.S. cents/kilowatt hour (kWh) backdated to January for mining companies, instead of individually negotiated rates that have
So what does Njavwa Mutambo, Tuliswensi Sinyangwe, Chaka Ng’ambi and Byenda Nkwanda have in common? Well, they are all young enterprising Zambians and they are all alumni of the Tony Elumelu Entrepreneurship Programme (TEP). Launched in 2015, the Tony Elumelu Foundation Entrepreneurship Programme is the largest African philanthropic initiative devoted to entrepreneurship and carries the
KELVIN CHONGO, Lusaka GOVERNMENT has installed 14 thermography scanners at international airports and various border posts to scan and detect infectious diseases such as severe acute respiratory syndrome (SARS), Zika and Ebola. Minister of Health Chitalu Chilufya also said the World Health Organisation (WHO) has declared an outbreak of Ebola in the Democratic Republic of
TRYNESS TEMBO, Lusaka THE International Monetary Fund (IMF) has called for strong domestic policy measures to revamp Zambia’s economy and the sub-Saharan African region. The IMF latest report dubbed ‘Regional Economic Outlook: Restarting the Growth Engine’ it notes that sub-Saharan Africa remains a region with growth potential but the deterioration in the overall outlook partly
World’s largest brewer Anheuser- Busch InBev SA is considering selling its 70% majority stake in National Breweries Plc. National Breweries Plc is a Lusaka Securities Exchange listed subsidiary of Zambian Breweries Plc which was until late last year majority owned by SAB Miller. National Breweries brews the Chibuku brand of opaque beer and distributes it
THE normal process of the party constitution will be followed when dealing with the case of former Copperbelt minister Mwenya Musenge and his response to allegations of misconduct will be looked at before action is taken, Patriotic Front (PF) deputy secretary general Mumbi Phiri has said. Commenting on the ruling party’s perceived intra-party wrangles on
President Edgar Lungu says Zambia as a sovereign state has a right to decide who comes into the country. President Lungu stressed that it is the preserve of the country to deny or allow entry any person of concern. The President was commenting on the flamboyant Zimbabwean preacher Uebert Angel who was recently denied entry
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