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Economy

ZCTU happy with PAYE threshold exemption

The Zambia Congress of Trade Union (ZCTU) is elated by the government’s decision to raise the pay as you earn tax exception threshold to...

Zambia seeks restructure deal with creditors within six months

Zambia, the first African nation to seek debt relief from Eurobond holders since the onset of the pandemic, aims to reach a restructuring deal...

IDC to secure $1bn to invest in Zambia Railways Limited

The Industrial Development Corporation says it will secure $1bn to invest in rolling stock and infrastructure that will modernise Zambia Railways Limited. Group CEO Mr...

Livestock sector catalyst to ending poverty – Professor Luo

Fisheries and Livestock Minister Nkandu Luo says the livestock sector in the country has potential to end poverty among rural farmers. And Prof Luo has...

IDC appoints a new Zambia Railways Board

The Industrial Development Corporation (IDC) has appointed new Board of Directors for Zambia Railways Limited (ZRL). Speaking at the inauguration ceremony on Monday, IDC Group...

Zambia receives donation of 2,000 metric tonnes of Norwegian fertilizer

Government has lauded YARA International a Norwegian Non-Governmental Organisation (NGO) for donating 2,000 metric tonnes of fertilizer to the Ministry of Agriculture. And Minister of...

Copperbelt Minister calls on authorities to safe guard lives at Luanshya dump site

Copperbelt Minister Japhen Mwakalombe has urged authorities in Luanshya District to quickly put in place safety measures at the mine dumpsite to save people’s...

Government attributes 2020 budget underperformance to COVID-19

The government says the 2020 National Budget has underperformed largely due to the impact of the COVID-19 pandemic. Minister of Finance Bwalya Ng’andu said subdued...