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Weak Kwacha Will Hit Us Hard – Farmers

TOBACCO farmers in Eastern Province are worried that the weak kwacha will adversely affect crop production in the country. The farmers said the continued depreciation of the kwacha against the…

Zambia’s GDP to grow by 7pc in 2015

Zambia’s Gross Domestic Product (GDP) is expected to grow by 7.4 per cent this year and the country has been noted to be one of the fastest growing economies in…

ZESCO TO Lose $480 Million Annually

ZESCO Limited is expected to lose about US$480 million annually through buying electricity from independent power producers (IPPs). This is much higher than the price at which the power utility…

Cement Prices Likely To Drop

THE price of cement is likely to reduce significantly on the Copperbelt following the expansion project that Lafarge Cement Zambia has embarked on in Ndola. The firm intends to spend…

Zambia Might Lose Out on Mining Investments Over New Tax

SNL Metals and Mining, a global mining information and analysis company says Zambia might regret implementing the new mineral royalty tax regime. SNL Metals and Mining resources policy analysts Asa…

Beer Price Drops To K6

ZAMBIAN Breweries Plc has slashed beer prices by 8.6 per cent on regular glass bottles of Mosi, Castle and Carling Black Label. The reduction in the recommended retail price would…

Proflight Cuts Fares On Removal Of Jet Fuel Duty

January 19, 2015 – LUSAKA, ZAMBIA – Proflight Zambia has welcomed the removal of 5 per cent customs duty on aviation fuel and passed this on to passengers by cutting…

KAGEM Mine Moves Ahead With Community Projects

LUSAKA, ZAMBIA, January 13, 2015 – Acting President Hon. Dr Guy Scott officially launched a US$2 million (K12 million) programme of community work by Lufwanyama-based emerald producer Kagem Mining Ltd…

Danny Shiniza Mineral Water On The Market

Danny Shiniza Mineral Water On The Market

Musician Danny has ventured into Mineral water business. The singer  says his mineral water business does not spell the end of his music career. Danny, who has established Deeldeel Tradelines, which…

Barrick to Suspend Operations at Lumwana Following Passage of New Mining Royalty

TORONTO – Barrick Gold Corporation (NYSE: ABX, TSX: ABX) today announced that the company will initiate procedures to suspend operations at the Lumwana copper mine in Zambia following the passage…

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