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Alba Iulia
Saturday, October 24, 2020

Economy

There are no plans to resuscitate Zampost Finance – Finance Minister

Finance Minister Bwalya Ng’andu says government has no plans to resuscitate operations at Zampost Micro Finance Limited. Dr Ng’andu said government is instead working on modalities of repaying the micro finance depositors and other necessities. ZANIS Reports that the Minister of...

TAZARA salary disparities for Workers in Zambia and Tanzania resolved

The Tanzania Zambia Railway Authority (TAZARA) has resolved the salary disparities between its workers in the Zambian and Tanzanian regions. In August this year the Ministry of Labour and Social Security ordered TAZARA management to resolve the discrepancies to ensure...

Sweden, UNCDF launch partnership to improve financing for Micro, Small and Medium Enterprises

The Swedish International Development Cooperation Agency (Sida) and the UN Capital Development Fund (UNCDF) have launched a new partnership to solve financing gaps Micro, Small and Medium Enterprises (MSMEs) face in Zambia with innovative financial services. According to a press...

ERB Regrets Fuel supply disruption Caused by Striking Truck Drivers

The Energy Regulation Board (ERB) has regretted the disruption of supply of fuel in some parts of the country. ERB Communications Manager Kwali Mfuni attributed the disruption of fuel supply to a strike action by an organization representing truck drivers...

Clock ticks on Zambia debt default as crucial vote is postponed

Bloomberg reports that Bondholder meetings to vote on Zambia’s request for debt relief were postponed today after failing to reach quorums, increasing pressure Zambia to reach agreement with its creditors before it falls into default. The meetings will be reconvened...

Zambia Integrated Forest Landscape Project injects $1.77million into East Communities

The Zambia Integrated Forest Landscape Project (ZIFLP) disbursed about US$1.77 million (about K65, 570, 643.48) to communities in Eastern Province that applied for grants to undertake community-members-driven projects that empower local people while protecting the environment, promoting community mitigation...

Communities urged to form cooperatives to access grants

The government has urged communities in Eastern Province to form cooperatives and apply for funds from the Zambia Integrated Forest Landscape Project (ZIFLP) grants in order to empower themselves and stimulate development in their areas. Minister of National...

Zamtel voted Best Data Service Provider

Zamtel has been awarded the Best Data Service Provider in Zambia at the 2020 Zambia Ecommerce Awards held on Saturday. Zamtel beat off competition to emerge as the country’s most preferred data service producer for individual, retail and wholesale customers. The...

Land Wrangles Could See Market Project Lose the African Development Funding

A project funded by the African Development Bank in Mpulungu district in Northern Province could lose the funding if it does not resolve the wrangle around the site where the market is to be constructed, following disputes. According to...

Kansanshi Mine Sponsors a Trade Visit to Congo DR for 31 Local Business Entities

Kansanshi Mine PLC has sponsored a delegation of business entities on a trade mission to the Democratic Republic Congo in a bid to stimulate trade between the two countries. Kansanshi Mine General Manager, Anthony Mukutuma said the company realizes...
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Kampyongo must to stop using the police to abuse citizens rights-Jack Mwiimbu

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YALI President calls on President Lungu to expedite the process of setting up of the commission of inquiry

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There are no plans to resuscitate Zampost Finance – Finance Minister

Finance Minister Bwalya Ng’andu says government has no plans to resuscitate operations at Zampost Micro Finance Limited. Dr Ng’andu said government is instead working on...