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Alba Iulia
Saturday, January 25, 2020

Economy

Food Reserve Agency committed to dismantling the debt that it owes farmers

The Food Reserve Agency has assured farmers that it is committed to dismantling the debt that it owes farmers that supplied the agency with maize during the 2018/2019 farming season. FRA Public Relations Coordinator John Chipandwe says the Agency is...

Placing Chambeshi Metals on the Copperbelt on care and maintenance is reckless-NDC

The National Democratic Congress says the decision to place Chambeshi Metals on the Copperbelt on care and maintenance is reckless, insensitive and should have been avoided. Party Chairperson Labour Joseph Chishala has condemned both Government and Unions in the extractive...

ZESCO dispel reports of construction of Kafue Lower plant stalling

ZESCO has refuted reports that construction works at a power plant that was expected to boost electricity generation may stall due to financial constraints. Reports in some international media have indicated that construction of the US$ 2 billion Kafue...

Felix Mutati calls on the authorities to urgently resolve the ZESCO and CEC impasse

Former Finance Minister Felix Mutati has called on Authorities to urgently resolve the impasse between power utility company Zesco and the Copperbelt Energy Corporation. Mr Mutati says the impasse will not only hurt the revenues of Zesco but will also...

Zambia interested in buying tractors from Belarus tractors

The Zambian government has expressed interest in getting Belarusian tractors. Ways to acquire them were discussed as Director-General of the Belarusian tractor engineering company MTZ Vitaly Vovk met with a Zambian delegation led by Finance Minister Bwalya Ngandu. Zambia's intention to...

Government has invested $55.4 million in Western Province to Promote Cashew Nut Production-President Lungu

President Edgar Lungu says promoting cashew nut production is one of the effective measures for supporting alternative livelihoods, and climate change adaptation. The President says climate change and its effects on weather patterns in Western Province has made it...

Africa Confidential reports that Construction of Kafue Gorge Lower hydropower station in limbo as China halts funding

The Construction of the $2bn Kafue Gorge Lower hydropower station, which was expected to start generating power this year, is stalled after Zesco failed to secure further financing. According to Africa Confidential in its latest edition, Zesco had created a...

FSD Zambia welcomes £21.95 m 5-year commitment from UK Aid to initiate new phase of financial sector development

FSD Zambia has welcomed a £21.95m 5-year commitment from UK Aid, part of a £320m package that will initiate an ambitious new phase of financial sector development across Africa. The funding was announced in a statement released by FSD Zambia...

Zambia presents$ 9.5 billion opportunity for the private sector to invest in sustainable development, says Standard Chartered

The Standard Chartered Sustainable Development Goals Investment Map has revealed an almost 10 trillion US dollars opportunity for private-sector investors across all emerging markets to help achieve the UN Goals, with Zambia representing 9.5 billion US dollars of that...

Wina’s stance against chain stores extending their business into Compounds get support

THE Cleaning Association of Zambia (CAZ) has supported Vice President Inonge Wina’s stance against chain stores extending their business into townships. Ms. Wina has urged the chain stores not to entrench themselves in high-density areas such as compounds...

Latest News

Lwandamina Demands Honourable Win From Zesco

Zesco United coach George Lwandamina says the onus is on his team get their first Group...

140 Chingola Residents rushed health centers after their houses were spread with unknown chemicals

About 140 residents of Chingola were this morning rushed to various health centers across the district after their houses were last night spread with...

Government urged to unlock the water channels leading to Lunga District.

The Civil Society Scaling Up Nutrition Alliance has urged the government to provide financial support to the Lunga District Administration to start unlocking the...

Kamba reacts angrily to media reports questioning his source of funding for his Mansion in New Kasama.

PF Lusaka Province Secretary Kennedy Kamba has reacted angrily to media reports questioning his source of funding for the mansion he has built in...

Government has released K 4 Million towards the construction of the 113 kilometre Musaila-Lubwe Kasaba road

Government has released K 4 Million towards the construction of the 113 kilometre Musaila-Lubwe Kasaba road in Luapula Province. Housing and Infrastructure Development Minister Vincent...
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