Cabinet approves issuance of a Statutory Instrument called the Energy Regulation 2024

Cabinet has approved the issuance of a Statutory Instrument called the Energy Regulation 2024 to govern the pricing of petroleum products in Zambia.

The SI is meant to promote transparency and predictability for business planning.

Chief Government Spokesperson CORNELIUS MWEETWA adds that Cabinet has also approved the introduction of a Bill in Parliament to amend the Water Resources Management Act Number 21 of 2011.

Mr. MWEETWA who is also Information and Media Minister says the amendment aims to align the act with the revised National Water Policy, ensuring sustainable and effective management and utilization of water resources in Zambia.

He further highlighted that Cabinet has approved, in principle, the introduction of a Bill in Parliament to amend the Compensation Fund Act, Number 43 of 2016.

This is according to a statement issued to ZNBC news by Mr. MWEETWA.

AND Zambia will host the National Skills, Productivity and Jobs Summit from December third to fifth 2024, in Lusaka.

Mr. MWEETWA said the summit aims to provide a platform for stakeholder engagement on skills supply and job creation.

The hosting of the summit was approved by the Cabinet at its 23rd  meeting held on Tuesday November 26,2024 chaired by President HAKAINDE HICHILEMA .