Economy

ZESCO Limited Board of Directors with the approval of the Industrial Development Corporation (IDC) has appointed Engineer Victor B. Mapani as the Managing Director of ZESCO Limited with immediate effect. According to a statement issued by Industrial Development Corporation (IDC)...

Copperbelt Province Minister ELISHA MATAMBO says the UPND Administration will give empowerment funds to Micro, Small and Medium Enterprises regardless of their political affiliation. Mr. MATAMBO says the empowering of SMEs will not be channeled towards one political party like...

Infrastructure, Housing, and Urban Development Minister, Charles Milupi has said that the UPND Administration will engage the Chinese government to find an amicable solution to the infrastructure debt inherited from the PF government. Mr. Milupi said that currently, the government...

Trade unions at Indeni Oil Refinery in Ndola have expressed shock over the Government's decision to place the plant under care and maintenance. Energy Minister Peter Kapala recently announced the Government’s decision to put Indeni under care and maintenance. Power Generation...

The announcement by South African scientists that they discovered a covid variant with about 30 mutations last week led to hysteria in the developed countries.Despite the variant being identified within their own borders, they were all quick to implement...

The government has announced the appointment of a new Board of Directors for the ZESCO. Energy Minister Peter Kapala announced the new ZESCO Board at a press briefing in Lusaka. Mr Kapala disclosed that the new board is composed...

Parliamentary Public Accounts Committee Chairperson Warren Mwambazi has asked newly appointed Permanent Secretaries to strictly adhere to guidelines on the administering of public funds. Permanent Secretaries are currently in Lusaka undergoing orientation on procurement alongside Ministers. Mr. Mwambazi, the Ndola’s Bwana...

Small scale farmers in Mkushi district’s Musakamba ward have expressed worry at the delay by the Food Reserve Agency (FRA) to pay them for supplied the agency this year. Speaking for the farmers, Jonas Kufwata of Fibanga area told ZANIS...

Minister of Finance and National Planning Dr. Situmbeko Musokotwane says the IDC Group of Companies should take advantage of their numbers and invest more in job-rich sectors of tourism and construction, to foster economic transformation and wealth creation. Speaking...

The opposition Golden Party of Zambia has opposed intentions of the government to place on care and maintenance Indeni Petroleum Refinery because the refinery is still a viable national asset. Last week, the government placed under care and maintenance the...