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Alba Iulia
Wednesday, February 19, 2020

Economy

Sunbird Bioenergy Africa recruits 1 700 local farmers in Kawambwa, but needs more farmers to reach target of 20 000

About 1700 out of the targeted 20,000 cassava out-grower farmers for the 2019/20 farming season have been captured by Sunbird Bioenergy Africa in Kawambwa District. Company Chief Executive Officer Richard Bennett has confirmed, following the launch of the out-grower scheme...

Great East Road to be closed on Wednesday to Facilitate Emergency Repairs

The Disaster Management and Mitigation Unit (DMMU) has announced that construction works on the damaged part of the great east road at Kacholola area in Nyimba may be completed on Friday. This follows the arrival of new bailey bridges from...

BOZ should consider maintaining the current Monetary Policy Rate – CTPD

As the Bank of Zambia sets to announce the Monetary Policy Rate for quarter one, the Centre for Trade Policy and Development (CTPD) would like to urge the Bank of Zambia Monetary Policy Committee, to consider the broader economic...

Chinese contractor halts work on Kafulafuta dam over delayed funding

The Chinese contractor building the Kafulafuta dam has written to its subcontractors to say work has halted because of delayed payments from the government. China National Complete Engineering Corporation (CCEC) is building the $499m Kafulafuta Dam on the Copperbelt, a...

ZAFFICO Gets Listed on Lusaka Stock Exchange

Finance Minister Dr. Bwalya Ng'andu has implored the Industrial Development Corporation (IDC) to continue to seek innovative ways in which to leverage the domestic capital markets to anchor the transformation interventions of public enterprises under its supervision. The Finance Minister...

Zambia has priotized the Industrialization policy as a key driver in the attainment of economic development

Minister of Commerce, Trade and Industry Christopher Yaluma says Zambia has priotized the Industrialization policy as a key driver in the attainment of economic development. Mr. Yaluma says Zambia is committed to achieving the industrialization status as envisaged in the...

Government to continue debt management measures – Ng’andu

The Zambian Government has written and advised the International Monetary Fund of the measures it is undertaking to address debt sustainability. This follows the last engagement between the Government and the IMF held in Lusaka from 13th to 19th...

Minister of Energy assures Mines of power as CEC deal deadline looms

Copper mines in Zambia will have continuous electricity even if a supply deal lapses next month with no agreement to replace it, Energy Minister Matthew Nkhuwa said. Most producers buy power from Copperbelt Energy Corp., which in turn purchases it...

Zambia’s continued active participation in major tourism events praised

The United Nations World Tourism Organisation has praised Zambia for continued active participation in major tourism events including the just-ended eleventh edition of the Tourism Investment and Business Forum for Africa. In a letter to Zambia’s Minister of Tourism and...

Madison Financial Services Plc is not closing down, still viable

The Madison Financial Services Group says it is still a viable business. They have been unverified reports circulating stating that Madison Group recently defaulted on a USD3.5 million guarantee, for which a court Judgement has awarded USD9 million to...

Latest News

Sunbird Bioenergy Africa recruits 1 700 local farmers in Kawambwa, but needs more farmers to reach target of 20 000

About 1700 out of the targeted 20,000 cassava out-grower farmers for the 2019/20 farming season have been captured by...

Great East Road to be closed on Wednesday to Facilitate Emergency Repairs

The Disaster Management and Mitigation Unit (DMMU) has announced that construction works on the damaged part of the great east road at Kacholola area...

In-form Zanaco Eye 7th Unbeaten Game

Zanaco's six match unbeaten league run is in the dock again on Wednesday when they host Red Arrows in a Lusaka derby clash at...

Those accusing government of being behind the gassing of people are mad-President Lungu

President Edgar Lungu has accused those accusing government of orchestrating the gassing of people in several parts of the country of being mad. In a...
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