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Alba Iulia
Wednesday, November 25, 2020

Economy

President Lungu concerned with the increased cases of reported fish thefts in cages

President Edgar Lungu has expressed concern with the increased cases of reported fish thefts in cages. President Lungu said the vice is a danger to the development of the aquaculture industry in the country. He has since...

Heightened smuggling at Chirundu border threatening food security – PS

Lusaka Province Permanent Secretary Elias Kamanga has bemoaned heightened levels of smuggling of maize and maize products on the Chirundu border which he says is threatening food security. Mr Kamanga observed that the Food Reserve Agency (FRA) is struggling to...

Shoprite to restrict bulk buying on Black Friday

Shoprite Mansa Branch Manager Tolani Chibwe has disclosed that the store will restrict people from bulk buying during this year’s Black Friday. Mrs Chibwe says the move is aimed at allowing many people benefit from buying selected goods at a...

Government to Grow the Manufacturing Sector

Minister of Commerce, Trade and Industry, (1a) Christopher Yaluma says government plans to grow the manufacturing sector so as to enable it contribute to the Gross Domestic Product (GDP). Mr Yaluma predicted that the increase in the manufacturing sector will...

EIU foresees China Demanding Zambia’s Mineral Assets in Exchange for the Huge Debt

In its latest edition published on November 20, 2020, the EIU, a UK based specialist publisher serving companies, has said that it foresees China demanding Zambia’s mineral assets in exchange for the huge debt the southern African country owes. “Zambia...

Don’t Expect Change in Load shedding, Energy Minister warns Zambians

Energy Minister, Mathew Nkhuwa has warned Zambians not to expect any significant change in load shedding once the 150 megawatts has been brought on the national electricity grid from the newly constructed Kafue Gorge Lower hydroelectric power station on...

KCM to Appeal to the Supreme Court the decision to stay liquidation proceedings

KONKOLA Copper Mine (KCM) will appeal to the Supreme Court the decision to stay liquidation proceedings, Provisional Liquidator Milingo Lungu has said. This follows the Court of Appeal’s order that Liquidation proceedings be stayed to allow the parties to proceed...

The Court of Appeal stops KCM liquidation

The Court of Appeal sitting at Ndola has ordered a halt to liquidation proceedings for Konkola Copper Mines (KCM) to allow owners Vedanta and ZCCM-IH to proceed to arbitration. Provisional Liquidator Milingo Lungu said in a statement that the Court...

Bank of Zambia re-affirms its position on not banning foreign currency account in Zambia

The Bank of Zambia has said that social media reports suggesting that the Bank and the Ministry of Finance are working on a Statutory Instrument (SI) to ban the holding of foreign currency accounts in commercial banks in Zambia...

Kazungula Bridge will next year undergo a quality audit using specialized Equipment-Auditor-General

Auditor-General, Dick Sichembe has said that the Kazungula Bridge across the Zambezi River between Zambia and Botswana will next year be audited using specialised equipment. Dr. Sichembe said that the Office of the Auditor-General has been equipped with specialised equipment...
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Latest News

Do not politicize voter’s registration exercise – GBM

Patriotic Front (PF) Vice National Chairperson for Mobilization Geoffrey Mwamba has urged Mpulungu residents not to politicize the ongoing...

President Lungu concerned with the increased cases of reported fish thefts in cages

President Edgar Lungu has expressed concern with the increased cases of reported fish thefts in cages. President Lungu said the vice is a...

Heavy rains leaves trail of destruction in Itezhi-Tezhi

Property worth thousands of kwacha has been destroyed following a night of strong winds and heavy rains in Itezhi Tezhi District in Central Province. The...

Speaker urges MPs to be ambassadors of peace

Speaker of the National Assembly of Zambia Patrick Matibini has urged law makers to take advantage of their strategic position in Zambian politics to...

The Current Voter Registration is in a Mess

By Charles Kakoma, UPND Spokesman. Many people are disappointed and upset with the current voters registration exercise. After visiting many registration centres, I...