BBC-The European Central Bank (ECB) has raised interest rates for the first time in more than 11 years as it tries to control soaring eurozone inflation. The ECB increased its key interest rate by 0.5 percentage points to 0.0% and plans further hikes this year. The rate has been negative since 2014 in a bid
BBC-After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost a million subscribers between April and July as more people decided to quit the service. The streaming giant has now lost members for two quarters in a row, but the drop was smaller
Ruth Chayinda – TWO thousand 232 retirees have received their full benefits from the Public Service Pension Fund -PSPF- after government disbursed 2.6 billion Kwacha to the fund. PSPF Director Finance PINDANI NYIRENDA says a small portion of the monies was also disbursed for monthly pension to more than 60 thousand retirees. Mr. NYIRENDA, however
Paul Shalala – The Lusaka High Court has granted leave to Kasanka Trust Limited to commence contempt proceedings against Lake Agro Industries and its directors for going ahead with agriculture activities near the Kasanka National Park in Chitambo District despite an injunction. Kasanka Trust is an organization, which co-manages the Kasanka National Park with the
Paul Shalala – Government has cleared pension arrears owed to retirees by the Public Service Pensions Fund -PSPF- from years back up to 31st December, 2021. Chief Government Spokesperson CHUSHI KASANDA says 2.6 billion kwacha has been paid to retirees under PSPF. Ms. KASANDA, who is also Information and Media Minister, says Government is determined
Arnold Tutu – Zambia’s Air passenger traffic is on a path of recovery after experiencing the negative effects of Covid-19. The steady recovery in international performance is driven by the relaxation of Covid-19 measures including the removal of the PCR test requirement earlier this year by the Ministry of Health for fully vaccinated travellers entering
Brian Mwale – InfraCo Africa has signed an agreement with Savenda Capital committing 2-million United States Dollars towards the construction of the Zambia Fresh Lusaka Market. The purpose-built 6400 square meter market floor will play host to fresh fruit and vegetables grown by farmers around Lusaka and across the country. Buyers from small businesses and
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