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Posts published in “Day: May 2, 2024

Economy will rebound, Veep assures workers

By SHARON KALIMBULA – VICE-PRESIDENT W.K Mutale-Nalumango has assured the nation that Zambia will bounce back to its full economic potential as Government continues to work hard in building resilience.Speaking at the Labour Day commemoration in Lusaka yesterday, Ms Mutale-Nalumango noted that this year’s theme underscored the Government’s commitment to transforming the economy for the […]

CFAO empowers local businesses

By KETRA KALUNGA – CFAO Mobility Zambia Limited has empowered local businesses through the expansion of its Authorised Service Centres (ASCs) and Team Toyota Garages (TTGs) network.The ASCs attend to periodic maintenance and repairs for Toyota vehicles that are either within or outside the manufacturer warranty period, while the TTGs offer periodic maintenance and repairs […]

Saturnia disbursed K754m in pension to members

By BUSINESS REPORTER – THE Saturnia Regina Pensions Fund (SRPF) disbursed K754 million in benefits to members against pension contributions of K599 million in the financial year ended December 31, 2023.The pension fund also recorded an increase in net value assets from K3.447 billion in the previous year to K4.405 billion in the year under […]

Zambia scores first in ‘G-Factor for Natural Resources’

By CHATULA KANGALI – ZAMBIA has become the first country in Africa to publish ‘G-Factor for Natural Resources’ data for key mining companies, Zambia Extractive Industry Transparency Initiative (ZEITI) has revealed.ZEITI says the G-Factor for Natural Resources shows the percentage of a mining company’s revenue that is paid to the country in direct, primary taxes.National […]

‘Integrate policies, remove barriers’

By CHATULA KANGALI – THERE is need for the integration of policies and removing of barriers to enable local companies in Africa easily and cheaply access gemstones from within the continent, a Tanzania-based jewellery maker has said.Woow Me Jewellery said it was currently more difficult and costly to access gemstones from within Africa than elsewhere […]

Cyclists hope for good season

By RONALD CHAWE – CYCLING Association of Zambia (CAZ) president Andrew Chibuye says he expects the 2024 season to be better than last year. Chibuye said in a statement issued yesterday that the association would continue to focus on growing the sport in the country.“As an association, we continue to focus on growing the sport […]

Zambia in high-tech golf kit gift

By SHAMAOMA MUSONDA – THE world amateur golf governing body (R&A) has given Zambia high-tech golf equipment to help improve the technical abilities of Zambian golfers.The Flightscope-made Mevo Plus equipment was handed over to the Zambia Jun...

It’s not our baby – MUZA

By SHAMAOMA MUSONDA – MTN Super Division side, Maestro United Zambia (MUZA) FC, says it is not part of the court process that has seen the 2024 Football Association of Zambia (FAZ) annual general meeting postponed indefinitely.In a four-paged letter addressed to FAZ General Secretary Reuben Kamanga, MUZA Secretary Joel Kabika regretted the matter had […]

Opposition in state of confusion – Kabuswe

By EMILY KUWEMA – MINES and Minerals Development Minister Paul Kabuswe says opposition leaders are in a state of confusion as the United Party for National Development (UPND) Government under President Hakainde Hichilema has delivered beyond the people’s expectations.Mr Kabuswe said the UPND Government was not averse to criticism but it should speak to pertinent […]

Kansenseli Gold Mine ops to resume

By GLORIA KANGWA – KANSENSELI Gold Mine in Mwinilunga will soon resume operations following the consent of Chief Chibwika, President Hakainde Hichilema has announced.The President also revealed that the New Dawn Administration was working to revamp the operations of Kalengwa mines as part of his Administration’s policy to increase production in the sector, create jobs […]

Take care of workers!

By MAYA NTANDA and GLORIA KANGWA – PRESIDENT Hakainde Hichilema has implored investors to take care of workers and workers to work hard so that that they can truly be at the centre of economic growth.President Hichilema also directed Labour and Social Security Minister Brenda Tambatamba to schedule a meeting with employers and the labour […]

ERB nods new Zesco tariffs

By EMILY KUWEMA – ZESCO Limited will this month begin to charge new electricity tariffs for retail consumers following the approval of the new tariffs by the Energy Regulations Board (ERB).ERB Board Chairperson Reynold Bowa also said ERB had conditionally approved tariffs for 2025 to 2027 subject to the board’s annual review of the Regulatory […]