9.5 C
Alba Iulia
Friday, August 14, 2020

Economy

Finance Minister calls for Routine Maintenance of Roads

Finance Minister Bwalya Ng’andu has called on the Road Development Agency -RDA and National Road Fund Agency -NRFA- to adopt a culture of carrying out routine maintenance of roads. Dr. Ng’andu says RDA and NRFA should not wait for roads...

The $449 million Kafulafuta Dam Project on the Copperbelt 9 months ahead of schedule

Construction of the multi-million-dollar Kafulafuta Dam on the Copperbelt has advanced, with the contractor nine months ahead of completion schedule. The dam, once completed, will improve access to clean water in five districts and benefit about one million people. Project Manager...

Government commissions new Pumping unit on the Tazama oil pipe line

The government has commissioned a 5.2 million U.S dollar Pumping unit on the Tazama oil pipe line. Tazama Pipelines Limited has spent 37 million US dollars to replace old pumps at seven stations along the Tazama pipeline, which...

Government releases the total allocated Constituency Funds as budgeted in the 2020

The government has released the total allocated Constituency Development Fund as budgeted in the 2020 National budget. Local Government Minister Charles Banda says the CDF budgetary allocation for 2020 is K249,600,000. Dr Banda says this amount is meant for distribution...

Zamhemp to ensure that Cannabis farmers are paid handsomely and timely-Sinkamba

The Zambian Hemp Growers and Industries Association (Zamhemp) has unpacked the association's hemp buying and selling strategy for its members when hemp cultivation, processing, and export commences soon. In its strategy published on its website, Zamhemp says it has designated...

ZRA Intercepts 4 more Trucks Smuggling goods into Zambia

The Zambia Revenue Authority (ZRA) has intercepted 4 more trucks carrying assorted lotions worth over 1.7 million Kwacha. The consignments were declared at Chanida Border as cleaning materials by using an additional procedure code for Chipata General Hospital hence enjoying...

NAPSA Invests K60 Million into Three Fruit Processing Factories

The National Pension Scheme Authority (NAPSA) has invested a total of sixty million kwacha (K60 million) into three fruit processing factories through a short-term loan financing facility to the Industrial Development Corporation (IDC). The IDC is setting up the Kalene...

COVID-19 stimulus is still subject to interest rates or collateral, says Banks

The Bankers Association of Zambia (BAZ) has clarified that the COVID-19 stimulus package from the Bank of Zambia will still be subjected to interest rates or collateral for one to access from the banks. BAZ Chief Executive Officer Leonard Mwanza...

Inaccurate Media Reports have a Negative Effect on Agricultural Commodity pricing

The government has called on media houses to maintain accuracy in their reporting on agricultural information to the public. Ministry of agriculture permanent secretary Mr. Songowayo Zyambo has observed that inaccurate media reports have had a negative effect on commodity...

Ndola Lime Company not sold-ZCCM-IH

The ZCCM-IH has denied signing a memorandum of understanding Global Human Benefit Zambia Limited for the sale of a 65% stake and the takeover of Ndola Lime Company Ltd by GHBZ at the end of August 2020. ZCCM-IH...
- Advertisement -

Latest News

Chamanga Questions Newcomers Zeal For The Big Stage

Former Zambia striker James Chamanga has charged that the current crop of players lack the ambition to play for...

East DC Condemned for Stopping a Recorded UPND Paid Program on PASME FM Radio in Petauke

Media bodies in Zambia have condemned Petauke District Commissioner Velenasi Moyo for illegally ordering the closure of privately owned PASME radio station. Mr. Moyo in...

Zambia Medical Association to launch own investigation into UTH incident of man ranting at Doctors

The Zambia Medical Association has launched its own investigation into a video circulating online purportedly showing a patient disparaging Medical Officers at the University...

Stop Attacks on Archbishop Telesphore Mpundu, Bill 10 Advocates told

The Civil Society Constitution Agenda (CiSCA) has cautioned the youth calling themselves Bill 10 Advocates to stop harassing Archbishop Telesphore Mpundu or any other...

Finance Minister calls for Routine Maintenance of Roads

Finance Minister Bwalya Ng’andu has called on the Road Development Agency -RDA and National Road Fund Agency -NRFA- to adopt a culture of carrying...