Tag: Business

Zambia has surplus electricity – MAPANI

Sharon Siame – ZESCO says the country has achieved surplus electricity generation of 1156 megawatts. This follows the successful commissioning of 4 by 150 megawatts generation capacity from the 750 megawatts at Kafue Gorge Lower Power Station. ZESCO Managing Director, VICTOR MAPANI says currently the installed national generation capacity stands at over 3000 megawatts against

VEEP assures Indian Investors

(ZANIS) Vice President, MUTALE NALUMANGO has assured Indian investors that their investments in Zambia are safe. Mrs. NALUMANGO says she is aware that the Indian business community has already set aside Five billion dollars for investment in Zambia. She says Zambia believes in the rule of law and that the Zambia Development Agency -ZDA-, mandated

ZPPA Suspends private company

Paul Shalala – The Zambia Public Procurement Authority -ZPPA- has suspended a private company,  Marshall’s Electronics Limited, from bidding for government contracts for failure to discharge contractual obligations. Marshall’s Electronics Limited, which was contracted by the Ministry of Information and Media and the Zambia News and Information and Services -ZANIS- to supply electronics, failed to

VEEP IN INDIA TO WOO INVESTORS

(ZANIS) Vice President MUTALE NALUMANGO says Zambia is seeking investments that will support the country’s economic transformation agenda. Mrs. NALUMANGO says her mission to India is to woo investments and enhance trade between the two countries. Speaking to ZANIS upon arrival at Indira Gandhi International Airport, in New Delhi, the Vice President stressed that India

HH to meet heads of statutory bodies

Masauso Mkwayaya – President HAKAINDE HICHILEMA says statutory bodies should not make money by killing businesses. President HICHILEMA says he will soon be meeting the heads of statutory bodies and quasi-Government institutions to address issues that include luxury spending. He said this at the Private Sector Day at Mulungushi International Conference Center in Lusaka. President

NEWLY RECRUITED TEACHERS ASSURED OF SALARIES

Sharon Siame – Finance and National Planning Minister SITUMBEKO MUSOKOTWANE has assured Zambians that funds are available to pay salaries to the newly recruited Teachers and the soon to be employed Medical Personnel. Government recruited over 30,000 teachers and is yet to announce the recruitment of over 11,000 Health personnel. Speaking during the Private Sector
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