Zambia’s kwacha fell as much as 1 percent against the dollar on Tuesday, dragged down by worries about job losses…
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Bank of Zambia concerned as local business charge in forex
The Bank of Zambia is concerned that some businesses are charging for local goods in foreign currency, undermining efforts to…
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Mopani to lay off over 4 000 miners
Mine Workers Union of Zambia-MUZ- says Mopani Copper Mines-MCM -plans to lay off over four Thousand miners at its Mufulira…
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Dangote ready to invest in other areas in Zambia
Chairman for Dangote group Aliko Dangote says his company is ready to invest in other areas other than the cement…
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Govt to stop outsourcing labour
Labour Minister, Fackson Shamenda says government wants to put an end to outsourcing and sub contracting of labour. Mr Shamenda…
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Lafarge records 4% profit
LAFARGE Zambia plc has posted a four percent profit after tax from K180.7 million in the first half of 2014…
Read MoreFalling kwacha fueling unemployment: Zambian official
A sharp decline in the value of Zambia’s currency has led to rising poverty and unemployment, John Kalumbi, the director…
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Kawambwa Tea repossessed
GOVERNMENT has repossessed the moribund Kawambwa Tea Company (KTC) in Luapula Province following a directive by President Edgar Lungu to…
Read MoreKwacha to hold firm against dollar
THE Kwacha is expected to hold firm against the United States (US) dollar in the near-term due to greenback inflows,…
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