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Alba Iulia
Tuesday, July 14, 2020

Economy

Load shedding is expected to start reducing considerably

Power Utility company ZESCO, says load shedding is expected to start reducing considerably starting from November and December 2020, with the coming on board of Kafue Gorge Lower project and the anticipated better rainfall. ZESCO Strategy and Corporate Services Director...

Zambia raises over 6.8 billion out of the 8 billion Kwacha COVID-19 Bond

Zambia has raised over 6.8 billion out of the 8 billion Kwacha COVID-19 Bond. Finance Minister Bwalya Ng’andu says the money is currently being distributed. Dr. Ng’andu said that the government is ensuring liquidity into the economy through the...

President Lungu has directed FRA to start paying farmers Immediately-Wina

President Edgar Lungu has directed the Food Reserve Agency (FRA) to immediately start paying farmers in cash once they deliver maize to the agency. President Lungu said that the FRA must use the 1 Billion Kwacha which has been released...

New Copperbelt International Airport under construction will bring change to the region

Vice President Inonge Wina says the New Copperbelt International Airport under construction will be a game changer for the region’s trade, investment and Tourism. Mrs. Wina says she is confident that 3-hundred and 97-Million-United-States-Dollar airport once opened usher in a...

Over 4,200 tour Vic Falls over the Heroes and Unity holidays

About 4,268 visitors accessed the Victoria Falls during Heroes and Unity holidays, the highest number ever recorded. Livingstone Tourism Association Board Chairperson Rodney Sikumba said Sunday and Monday received 1,948 and 1639 respectively. Mr Sikumba said the Livingstone Museum and...

Access Bank seeks to buy off Cavmont Capital

Access Bank Zambia Limited has announced that it has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc regarding a potential transaction between Access Bank Zambia and Cavmont Bank Limited. The potential transaction relates to the sale of 100%...

Zambian fintech startup receives $1-million investment

Lupiya, a Zambian based microfinance startup has received an investment of $1-million from Enygma Ventures, a US venture capital (VC) fund. Founded in 2015, Lupiya is an online marketplace for microloans. It is a branch-less, innovative digital microfinance platform that...

Medical Stores to separate from IDC

Medical Stores Limited is set to separate from the Industrial Development Corporation (IDC) and will be transformed into the Zambia Medicines and Medical Supplies Agency. Medical Stores is one of the 29 State-owned Enterprises that were transferred to IDC in...

ZRA closing in on fuel smuggling scams

The Zambia Revenue Authority says is closing in on fuel smuggling scams that have already resulted in three trucks being impounded at the ZRA Makeni Enforcement Center. ZRA Corporate Communications Manager Topsy Sikalinda said the trucks were declared as transit...

President Lungu impressed with the progress report on the Kafue – Mazabuka road

President Edgar Lungu says he is impressed with the progress report on the Kafue - Mazabuka road earmarked for completion by October 2020. The President says there has been tremendous progress on the construction of the road which is...
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Latest News

Government determined to end poverty through the promotion of Climate Change resilience programs

President Edgar Lungu has said that his government is determined to end poverty through the promotion of Climate Change...
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President Lungu Transfers Permanent Secretaries

President Edgar Lungu has transferred Luapula Province Permanent Secretary Dr Felix Phiri to the Ministry of Defence. According to a statement released to the...

PF Women Ask Speaker to take Stern Action against UPND MP Cornelius Mweetwa

The Women from the ruling Patriotic Front (PF) in Lusaka have asked Speaker of the National Assembly Dr. Patrick Matibini to take stern action...

President Lungu says he has Information People are trying to force him meet HH using Violence

President Edgar Lungu has said that he has received reports of some opposition political parties planning to make the country ungovernable through violence so...

MONDAY PRO’S HIT LIST

Here is a brief warp of this past weekend’s Pros Hit List. = RUSSIA The Kangwa brothers, Evans and Kings, started for 10th placed Arsenal Tula...