Author: Cecilia Chiluba
December Food Basket Records K440.31 Surge
Basic Needs and Nutrition Basket (BNNB) for a family of five in Lusaka has increased by K440.31 from K10,393.16 in November to K10,833.47 in December, 2024. According to Jesuit Centre...
Police Nabs Lebanese Businessman For Fraudulently Obtaining US$799,950 In Mukula Deal
Zambia Police has arrested a 40-year-old Lebanese/Zambian businessman for fraudulently obtaining US$799,950 from a Chinese national in a fake Mukula deal. Police Public Relations Officer, Rae Hamoonga revealed that Ali...
Government Declares Drought a National Disaster, Imports Maize
Zambia has secured 195,000 metric tonnes of maize from Tanzania, worth US$68 million of which 67,000 metric tonnes have been received in the country and distributed. Speaking at a media...
Zambia’s Insurance Penetration Ratio remains below 2 percent – PIA
Pensions and Insurance Authority (PIA) has disclosed that Insurance Penetration Ratio (IPR) has remained below 2%, as reflected in the results from 2022 and 2023. Speaking at the PIA media...
ZRA Recovers K1.3 Million from Ding Cheng Investments for VAT Fraud
Zambia Revenue Authority (ZRA) says it has recovered lost revenue amounting to over K1.3 million from Ding Cheng Investments Limited for Value Added Tax (VAT) Fraud, after securing conviction of...
CEC Renewable Secures US$10 Million in Green Bond Funding
Copperbelt Energy Corporation (CEC) Renewable Limited has announced the second tranche of its Green Bond with a US$10 million subscription. And ZCCM Investments Holdings PLC (ZCCM-IH) has announced its participation...
NAPSA Pays K3.7 Million to Former Society Business Park Tenants
National Pension Scheme Authority (NAPSA) has paid K3.7 million as compensation to former tenants of Society Business Park in Lusaka. This follows closure of the business park and the resulting...
