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Alba Iulia
Tuesday, July 14, 2020

Economy

Load shedding is expected to start reducing considerably

Power Utility company ZESCO, says load shedding is expected to start reducing considerably starting from November and December 2020, with the coming on board of Kafue Gorge Lower project and the anticipated better rainfall. ZESCO Strategy and Corporate Services Director...

Zambia raises over 6.8 billion out of the 8 billion Kwacha COVID-19 Bond

Zambia has raised over 6.8 billion out of the 8 billion Kwacha COVID-19 Bond. Finance Minister Bwalya Ng’andu says the money is currently being distributed. Dr. Ng’andu said that the government is ensuring liquidity into the economy through the...

President Lungu has directed FRA to start paying farmers Immediately-Wina

President Edgar Lungu has directed the Food Reserve Agency (FRA) to immediately start paying farmers in cash once they deliver maize to the agency. President Lungu said that the FRA must use the 1 Billion Kwacha which has been released...

New Copperbelt International Airport under construction will bring change to the region

Vice President Inonge Wina says the New Copperbelt International Airport under construction will be a game changer for the region’s trade, investment and Tourism. Mrs. Wina says she is confident that 3-hundred and 97-Million-United-States-Dollar airport once opened usher in a...

Over 4,200 tour Vic Falls over the Heroes and Unity holidays

About 4,268 visitors accessed the Victoria Falls during Heroes and Unity holidays, the highest number ever recorded. Livingstone Tourism Association Board Chairperson Rodney Sikumba said Sunday and Monday received 1,948 and 1639 respectively. Mr Sikumba said the Livingstone Museum and...

Access Bank seeks to buy off Cavmont Capital

Access Bank Zambia Limited has announced that it has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc regarding a potential transaction between Access Bank Zambia and Cavmont Bank Limited. The potential transaction relates to the sale of 100%...

Zambian fintech startup receives $1-million investment

Lupiya, a Zambian based microfinance startup has received an investment of $1-million from Enygma Ventures, a US venture capital (VC) fund. Founded in 2015, Lupiya is an online marketplace for microloans. It is a branch-less, innovative digital microfinance platform that...

Medical Stores to separate from IDC

Medical Stores Limited is set to separate from the Industrial Development Corporation (IDC) and will be transformed into the Zambia Medicines and Medical Supplies Agency. Medical Stores is one of the 29 State-owned Enterprises that were transferred to IDC in...

ZRA closing in on fuel smuggling scams

The Zambia Revenue Authority says is closing in on fuel smuggling scams that have already resulted in three trucks being impounded at the ZRA Makeni Enforcement Center. ZRA Corporate Communications Manager Topsy Sikalinda said the trucks were declared as transit...

President Lungu impressed with the progress report on the Kafue – Mazabuka road

President Edgar Lungu says he is impressed with the progress report on the Kafue - Mazabuka road earmarked for completion by October 2020. The President says there has been tremendous progress on the construction of the road which is...
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Latest News

Wada Is Lusaka Dynamos Coach

Wedson Nyirenda has returned to the bench following his appointment as coach of Lusaka Dynamos today. The ex-Chipolopolo coach is...
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Electoral Commission of Zambia Reduces Nomination Fees for 2021 general Elections

Following the submissions by the Zambia Centre for Inter-Party Dialogue (ZCID), the United Party for National Development (UPND) and other Stakeholders, the Electoral Commission...

Mweetwa is right, Inonge Wina is not a Woman in Parliament but a Lawmaker

By Ruth Dante – Media Director – UPND THE United Party for National Development (UPND) would like to make it clear that Republican Vice President,...

KBF is hallucinating, there’s no vacancy in the Party leadership – Davies Chama

PATRIOTIC Front (PF) deputy national chairman Davies Chama says Lusaka lawyer Kelvin Bwalya Fube can continue dreaming about his ambitions to contest the party...

I’ll counsel Hon. Mweetwa, Chief tells Religious Minister

Chief Cooma of Choma District in Southern Province has castigated the behavior of opposition political party, United Party for National Development (UPND) Member of...