by Tellah Hazinji | Nov 28, 2023 | Governance
Power Utility ZESCO has announced a reduction of debt owed to Independent Power Producers-IPPS and Subsidiary Companies from $1.7billion to $1.1 billion as at October, 2023. Speaking during the signing ceremony of a Power Supply Agreement between ZESCO Limited and...
by Tellah Hazinji | Nov 27, 2023 | Economy
Economist Emmanuel Zulu is hopeful that the just launched online gemstone production reporting and export permit module will increase Zambia’s revenue and boost forex earnings. The Ministry of Mines and the Zambia Revenue Authority-ZRA- have launched an online...
by Tellah Hazinji | Nov 22, 2023 | Economy
The Civil Society Organizations–CSO- Debt Alliance says the official creditors’ rejection of Zambia’s revised proposal for debt restructuring is indicative of the existing gaps in the ongoing negotiations. Alliance Chairperson Peter Mumba has cited lack of...
by Tellah Hazinji | Nov 21, 2023 | Economy
Economist Emmanuel Zulu has described as unfortunate the rejection of a revised restructuring proposal by Zambia’s official creditors at a time the country desperately needs debt restructuring Bloomberg reports that Zambia’s official creditors have rejected a revised...
by Tellah Hazinji | Nov 20, 2023 | Governance
Mines and Minerals Development Minister Paul Kabuswe says there is a need for African countries to quickly expedite mapping, exploration and mining of critical minerals to reduce poverty levels. Speaking during the Organization of African Caribbean and Pacific States...