Zambian Airways appoints Ethiopian national Abiy Asrat Jiru new CEO
LUSAKA - Zambian Airways board has appointed Abiy Asrat Jiru, an Ethiopian, as the new chief executive officer with effect from January 14, 2022 for the next five years.
Business
Zambia Responds To Critics Of IMF Bailouts
LUSAKA - Zambia’s Ministry of Finance has disclosed that there are no hidden conditionalities being requested by the IMF in their recent bailouts to the copper rich nation.
Zesa tells public to brace for extended load shedding
In a statement yesterday, Zesa said the Zambezi River Authority was resuming the rehabilitation works and the authority had asked the two power stations (Kariba North and Kariba South) to reduce output by taking some of their generation units out of service each day.
Zimbabwe scraps ethanol blending
HARARE – Zimbabwe’s energy regulator this week scrapped petrol blending as fuel prices went down in the process.
President Buhari Signs Nigeria’s Record 2022 Budget
ABUJA - Nigerian President Muhammadu Buhari on Friday signed off on his government's 2022 budget of a record 17 trillion naira ($41 billion, 37 billion euros).
Price surge hits China medicine sector
Major traditional Chinese medicine (TCM) companies raised TCM prices by up to 20% in December, CCTV reported on Tuesday.
Musokotwane dissolves ZRA, NRFA and DBZ boards
Finance minister Situmbeko Musokotwane has dissolved the boards of directors for the Zambia Revenue Authority and the National Road Fund Agency.
Cost of living in Zambia’s Livingstone rises due to unstable exchange rate, Covid-19
The cost of living in tourist resort town of Livingstone, Zambia has increased to K5,745 as at October 2021 up by over K300 from January this year.
Govt appoints new Board of Directors for Zesco
The energy minister Peter Chibwe Kapala announced new board of directors for Zambia Electricity Supply Corporation (ZESCO) led by one Vicson N'cube.
Finance minister Musokotwane visits Kazungula One Stop Border Post
Minister of Finance Dr. Situmbeko Musokotwane on Friday visited Kazungula one stop border post (OSBP) to check on operations.
