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Economy

Zambia in tobacco bumper harvest

Minister of Agriculture and Livestock Wylbur Simuusa has disclosed that Zambia expects to harvest tobacco worth more than K750 million in the 2014 season. Mr Simuusa said this when he..

Huawei connects remote rural areas to phone network

Chinese communications equipment giant Huawei Technologies has launched the first of a series of 169 base stations that will connect rural communities in Zambia to the mobile phone network.The development..

Tourism minister Kapata dissolves ZAWA board

MINISTER of Tourism and Arts Jean Kapata has the dissolved the Zambia Wildlife Authority (ZAWA) board with immediate effect. She has also said that the review of policies and legislations..

Kwacha weakness force ERB to increase Fuel Prices

Kwacha weakness force ERB to increase Fuel Prices

The Energy Regulation Board has announced the increment of fuel prices by an average 8.3 percent effective midnight April 17 2014. The ERB said in a statement that pump price..

CEEC injects K5 million in developing cotton value chain in Mumbwa

The Citizens Economic Empowerment Commission (CEEC) has pumped in about K5 million for the development of a cotton value chain in Mumbwa district of Central province. Minister of Commerce, Trade..

Simuusa’s shock on mealie meal prices an indication ministers are detached from reality – FDD

The Forum for Democracy and Development (FDD) has charged that Agriculture Minister Wilbur Simuusa’s expression of shock at the high price of Mealie Meal in the country is an indication..

Small scale farmers in Kasama vow not to sell maize to FRA this season

Small scale farmers in Kasama have wowed not to sell their maize this marketing season to the Food Reserve Agency (FRA) if their conditions are not met. They have since..

Workers engaged to repair the ZR railway line down tools

Over 180 workers engaged by MALA Limited a contractor engaged to repair the Zambia Railways (ZR) railway line in Kapiri Mposhi have downed tools yesterday for non payment of their..

Sharp increase in demand for Pamela as mealie meal prices sky rocket

A survey by the Jesuit Centre for Theological Reflection shows that demand for small unit repackaged mealie meal popularly known as Pamela has increased in peri-urban areas following the rise..

The majority of Zambians live on less than $1 a dollar

Cost of living shoots up

The Jesuit Centre for Theological Reflection (JCTR) Basic Needs Basket has revealed that the cost of living for the month of March 2014 for an average family of five living..

Bandits steal front-end loader worth US$200,000 from road construction company

Bandits steal front-end loader worth US$200,000 from road construction company

Bandits in Kalulushi have allegedly stolen a front-end loader worth US$200,000 from Sino-Hydro Construction Company, the contractor engaged to upgrade the Kitwe-Chingola Road into a dual carriageway. A front-end loader..

MUZ calls on miners at Vedantta Resources’s KCM to remain calm

THE Mineworkers Union of Zambia (MUZ) has called on Konkola Copper Mines (KCM) miners to remain calm in view of the current happenings at the giant-mining firm. MUZ general secretary..

$1billion sovereign bond issue is a risk, but bold move-Katele kalumba

Former Finance Minister Katele Kalumba has described government’s issuance of the US $1 billion sovereign bond as a risky but bold move. Dr. Kalumba has observed that much it is..

PF has destroyed the economy – Fr Bwalya

Alliance for Better Zambia (ABZ) President Father Frank Bwalya fears that the patriotic front government will leave the country with a huge debt by the time they leave power going..

Protestors at Zambian High commission in London demand KCM publishes profits and taxes

Protestors at Zambian High commission in London demand KCM publishes profits and taxes

On Wednesday 9th April more than 40 protesters from Foil Vedanta(1), the Afrikan diaspora(2) and other organisations in London chanted, played drums and held banners and placards outside the Zambia..