Economy

GOVERNMENT has appointed Finance Bank Zambia Limited to manage a K542.2 billion Irrigation Development Fund (IDF) to empower farmers enhance their productivity. This follows Government’s allocation of resources to the Ministry of Agriculture and Cooperatives to establish and operate a...

Zinc Kabwe Ltd., a unit of South African miner Metorex has received the green light to build facilities for processing 10,000 tonnes of finished copper per year, officials said on Monday. But plans by Chinese firm to construct a...

Government has started giving car loans to teachers in Mazabuka district in Southern Province. District Education Board Secretary (DEBS), Mwangelwa Akapelwa who disclosed this when he addressed hundreds of teachers during the commemoration of the World Teachers' Day, however regretted that none...

 The Investrust Bank is to open two new branches in Solwezi in the North-Western province and Chililabombwe on the Copperbelt before the end of this year. This brings the total number of branches across the country to 10. Investrust Bank Public...

Mazabuka District Commissioner, Misheck Chiinda, has advised the Food reserve agency, FRA, to quickly consider moving maize from rural depots to main storage depots at the boma. Mr. Chiinda advised the agency to hire IFA trucks to commence the haulage...

President Levy Mwanawasa said today that Zambia was at this stage more interested in investiment in various sectors of the economy as a way of improving people's livelihood. Speaking in an interview with ZANIS to mark the end of his...

PRESIDENT Levy Mwanawasa has challenged Zambians living abroad to be active participants in Zambia's economic development by remitting more funds for entrepreneurial ventures and sourcing strategic partners to lift the country out of its doldrums. Speaking to a group of...

The Environmental Council of Zambia, ECZ, has rejected an application by Livingstone Developments Limited for the development of a mini housing estate within the Musi-oa-Tunya National Park. The ECZ rejected the Environmental Impact Assessment, EIA, submitted by the developers on grounds...

Government has approved the construction of another basic and a boarding school in Mpongwe to alleviate the shortage of dormitories at  seconday schools. Mpongwe member of parliament, Gabriel Namulambe disclosed this in Mpongwe during the weekend. Mr Namulambe also said some...

 Government says a well organized procurement system can help in making significant savings  for the State in the face of corruption and shrinking budgets. Lusaka Province Permanent Secretary Susan Sikaneta says an effective and efficient procurement system also contributes to good...