Economy

The United States Agency for International Development (USAID) has announced an additional 18 .5 Million United States Dollars in funding to support the people of Zambia, including the country’s fight against COVID-19 and HIV/AIDS. USAID Administrator, Samantha Power announced...

Government says it will partner with stakeholders in the science and technology industry on the country’s journey towards transformation of the economy. Minister of Technology and Science, Felix Mutati notes that Zambia has the right prototypes and critical thinkers...

The Citizens Economic Empowerment Commission (CEEC) has completed the construction of the Kafue Industrial Yard based at Lusaka South Multi-Facility Economic Zone. Speaking during his familiarization visit to the Commission and the just completed Kafue Industrial yard, Minister of Small...

The Bank of Zambia has dispelled allegations in some sections of the media that Central Bank officials were ordered to withdraw huge amounts of cash from the Bank to distribute to third parties. In a statement released to the media...

Finance Minister Situmbeko Musokotwane has held bilateral talks, Wednesday, with World Bank Africa Group 1 (AG1) Constituency Executive Director Dr. Taufila Nyamadzabo, at the World Bank Headquarters in Washington DC, USA. Dr Nyamadzabo briefed the Minister on the operations of...

Zamtel has today announced the commencement of installation works of a ‘10 million-subscriber capacity Online Charging System’ equipment that will allow it to double its subscriber base by 2023. The equipment valued at US$5.7 million will be installed and commissioned...

China Non Ferrous Metal Company (CNMC)’s Luanshya Copper Mines ( LCM) deputy Chief Executive Officer, Robert Kamanga says his company is considering to shut down mining activities at its Baluba shaft in 2022. Mr Kamanga says the LCM...

President Hakainde Hichilema, on Friday, 17th September, 2021, chaired his first (Special) Cabinet Meeting at State House to deliberate on the Budget Policy Concept Paper on the 2022-2024 Medium Term Expenditure Framework (MTEF) and the 2022 National Budget. During the...

President Hakainde Hichilema has commended peace efforts by the leadership of the Economic Community of West African States (ECOWAS) aimed at restoring civilian rule to Guinea - Conakry. This is in a wake of the unconstitutional takeover of power in...

The Zambia United Local Authorities Workers Union (ZULAWU) has called on the Ministry of Local Government to address the plight of delayed payments of salaries and improved conditions of service for council employees across the country. Speaking during the...