Only 19 service stations have run out fuel, claims ERB
By GIDEON NYENDWA THE Energy Regulation Board (ERB) has claimed that only 19 service stations nationwide were completely out of both petrol and diesel as of Friday, January 10, 2025, … Read More
Category: Business
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SEC sanctions Stanchart over China property bond mis-selling
LONDON – ZAMBIA’s Securities and Exchange Commission (SEC) has sanctioned Standard Chartered for mis-selling a Chinese property company’s bonds to one of the bank’s local wealth clients at the height … Read More
Revamp, recapitalise Indeni to cure fuel shortages – PF
By BARNABAS ZULU EMMANUEL Mwamba has called for the upgrade and recapitalisation of Indeni Oil Refinery to address the persistent fuel shortages affecting the country in the last three years. … Read More
Zim’s transit tax to disrupt trade
By MERVIS MUSONDA ECONOMIST Kelvin Chisanga says the Zimbabwean government’s new refundable transit tax for truckers could significantly disrupt trade and economic activities across Southern Africa. The policy mandates truckers … Read More
Gemfields asks State to reverse emerald export tax
JOHANNESBURG – Coloured gemstone producer Gemfields has asked the Zambian government to remove a recently re-introduced 15 percent export tax on emeralds to avoid hurting the sector. Zambia, the world’s … Read More
USAID launches US$2.2m innovation challenge
By NATION REPORTER USAID has launched the Choova Njinga Innovation Challenge, a US$2.2 million initiative aimed at enhancing economic opportunities and access to essential services in Malawi and Zambia. The … Read More
We’re available – local fuel transporters
By NATION REPORTER ZAMBIAN fuel transporters have said they are ready to move in and bridge the gap created by the 3, 500 foreign-registered fuel tankers, which have been demobilised, … Read More
Oil marketers unhappy with delayed fuel review pricing
By MERVIS MUSONDA THE Oil Marketing Companies Association of Zambia (OMCAZ) has expressed disappointment over the Ministry of Energy’s lack of seriousness regarding the review of the fuel pricing model, … Read More
LuSE in over K216bn market capitalisation
By MERVIS MUSONDA THE Lusaka Securities Exchange (LuSE) has announced that it has closed 2024 with a market capitalisation of K216 billion. This represents a remarkable 144 percent increase from … Read More
PETROL CRISIS!OIL MARKETING COMPANIES FINGERED
By NATION REPORTER ABOUT 3, 500 foreign-owned fuel tankers engaged by Zambian Oil Marketing Companies, destined for Zambia to transport petrol have pulled out of the Mozambique route resulting in … Read More