Economy

Secretary to the Treasury Fredson Yamba says the Kwacha is on course to regaining its stability and resilience. Mr Yamba disclosed in a statement issued to ZANIS that the Kwacha has posted a 1.3% gain…

DESPITE the depreciation recorded over the last few weeks, the Kwacha has generally demonstrated its overall stability and the resilience of the Zambian economy by remaining within the acceptable margins of variation and fluctuation, Secretary…

GOVERNMENT will by tomorrow settle outstanding balances owed to farmers countrywide for maize sold to the Food Reserve Agency (FRA), Ministry of Agriculture and Livestock permanent secretary David Shamulenge has said. Dr Shamulenge said in…

Zambians should allow the Patriotic Front (PF) to complete its five-year mandate, acting President Guy Scott has said. “Judge us after five years, give us a chance to finish the five-year mandate you gave us…

The construction of the Chama-Matumbo road in Muchinga Province is expected to be completed in December this year. The 115 kilometres stretch, which is being constructed from the great north road in Shiwang’andu district to…

Government has launched the project to construct filling stations in rural areas that will be operated under the Ministry of Energy and Water Development to provide a uniform pricing mechanism of the commodity across the…

GOVERNMENT says the current mineral royalty tax is final and it will not go back on its word. Minister of Finance Alexander Chikwanda said the new mineral regime is a fair route and makes it…

THE Link Zambia 8000 road infrastructure project will cost about US$31.42 billion, Minister of Commerce, Trade and Industry Robert Sichinga has said. Mr Sichinga said the development and upgrading of transportation infrastructure through the Link…

Fastjet has completed the first phase of its Zambian air operator’s certificate (AOC) application, taking the group a small step closer to realizing its pan-African ambitions. African low-cost carrier fastjet launched in 2012, but its plan…