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Alba Iulia
Friday, September 25, 2020

Economy

Chamber of Mines calls on government to organise an indaba

The Zambia Chamber of Mines has called on government to institute a national indaba in the mining sector to find a ways of enhancing its performance. Speaking in an interview in Kitwe yesterday, Chamber of Mines Chief Executive Director Sokoni...

EU affirms its support in improving renewable energy

The European Union(EU) and the French government have pledged to continue supplementing government's efforts in improving the power generation and access to electricity by all citizens in the country. European Union Head of Mission to Zambia Jacek Jankowski said the...

Bank of Zambia disburses 1.8 billion of the 10 billion Kwacha Stimulus Package

The Bank of Zambia has disbursed 1.8 billion of the 10 billion Kwacha stimulus package. According to a Status Update Report circulated by the Central bank, six commercial banks and five non-banking institutions accessed the funds as at...

Zambia a preferred Agri destination- Germany

The German government says Zambia has the potential to attract more investments especially in the agricultural sector that can boost its Foreign Direct Investment (FDI). Special Envoy for Africa in the office of the German Chancellor, Angela Merkel, Gunter...

Suspicious US$462 million was transferred from Citi Bank to Stanbic Bank Zambia

This week the International Consortium of Investigative Journalists released what it termed the FinCEN Files, which is an investigation that reveals the role of global banks in industrial-scale money laundering and the bloodshed and suffering that flow in its...

Government Launches domestic tourism campaign

Minister of Tourism and Arts Ronald Chitotela has launched the domestic tourism campaign to mark the commencement of World Tourism Week celebrations. Mr. Chitotela has called on the Zambia Tourism Agency (ZTA) to market the local tourism charges for...

Broke: Zambia pushes to defer Eurobond interest payments for six months

Zambia has launched a vote with its Eurobond holders, proposing to defer interest payments on its three outstanding dollar-denominated bonds until April 14, 2021. Zambia has $3 billion of Eurobonds outstanding and owes $2 billion to commercial banks, $2 billion...

Load shedding to Disappear-Minister of Energy

The government has assured that load shedding will be a thing of the past once the construction of all the power plants is completed. And Minister of Energy Matthew Nkhuwa has explained that the reason the power utility company...

Zim, Zambia happy with progress at Batoka hydro plant

Zambia and Zimbabwe have expressed satisfaction on the progress made in the construction of the Batoka Gorge Hydro-Electric Scheme (BGHES) since the project was awarded to a Chinese contractor. The two parties' Council of Ministers (COM) of the Zambezi River...

US$472.5 million of transferred funds suspected of fraud in Zambia

Funds amounting to $472.5 million transferred from the United States to Zambia between 2007 and 2017 are suspected to be the proceeds of bank fraud. This is according to revelations made this week by the International Consortium of Investigative Journalists...
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Latest News

President Lungu calls of debt relief, cancellation in wake of COVID-19

President Edgar Lungu, President has called for debt relief and cancellation for developing countries as a major intervention to...

HPCZ cautions private health facilities against issuing COVID-19 certificates

The Health Professions Council of Zambia (HPCZ) has advised unauthorized private health facilities to stop issuing COVID-19 certificates as doing so would comprise quality...

PF wants to Postpone Debt payment to Fund their 2021 Elections Campaing

By: Anthony Bwalya - UPND Member Since the year 2012, the Patriotic Front (PF) has been entrenching political power using excessive public borrowing to appease...

President Lungu salutes Nigeria, Ghana ties

President Edgar Lungu has reiterated governments’ commitment to developing strong bilateral ties and exploring areas of cooperation with Nigeria to the mutual benefit of...

36 Women Clubs receive chickens under the Enhanced Smallholder Livestock Investment Project

Thirty-six (36) Women Clubs of Nalolo District in Western Province have received 1,500 improved village chickens under the Enhanced Smallholder Livestock Investment Project (E-SLIP)...