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Alba Iulia
Thursday, March 30, 2023

Economy

Cotton farmers promised better reward for their sweat

Dunavant Zambia limited in Choma has assured farmers of better reward for their sweat in the production of cotton. The company agriculture manager, Mwendabai Sinyinda says the company was doing a lot to support farmers involved in the production...

Government will no longer issue contracts under FIDIC – Simbao

Government says it will no longer issue contracts under the International Federation of Consultants (FIDIC) because the country does not benefit from the institution. Officiating at a consultative workshop on the status of the Zambian construction industry, in Lusaka...

Workers at Nitrogen Chemicals stage peaceful demonstration

Workers at Nitrogen Chemicals of Zambia today staged a peaceful demonstation and stormed the office of the Kafue District Commissioner Mr. Michael Bwalya demanding to be paid their four months salary arrears. The workers also demanded that government should...

Drug trafficking can destroy the country’s economy, says Shakafuswa

Finance deputy minister Jonas Shakafuswa says drug trafficking has potential to destroy the country’s economy if left uchecked. Mr Shakafuswa has since challenged the Zambia Revenue Authority, ZRA, the Drug Enforcement Commission, DEC, and other stakeholders to work together...

World Bank Chief to assess floods in Zambia

World Bank president Robert Zoellick says he will visit Zambia to assess the flood situation in an effort to establish what kind of assistance the country needs to mitigate the impact of the calamity. Mr Zoellick says his plans follows...

Bids for Fourth Modile Operator Open

The Communications Authority of Zambia (CAZ) has issued invitations for eligible persons, to bid for the fourth National Mobile Cellular Licence. To this effect, adverts have started running in both the electronic and print media. CAZ International and Public...

Exploration and Production Act under scrutiny

Government is in the process of repealing and replacing the Exploration and Production Act of 1985. Mines and Mineral Development Minister Kalombo Mwansa has announced that the Bill to repeal and replace the current Act will be tabled in...

Embrace IFMIS

North-Western Province Permanent Secretary, Jeston Mulando has implored government officers in the province to embrace the Integrated Financial Management Information System (IFMIS) aimed at strengthening financial transparency and accountability in the management of public financial resources. ...

Government to spend K16 bn on floods in Lusaka

Vice President, Rupiah Banda, has disclosed that government has estimated to spend at least K16 billion to mitigate effects of floods in Lusaka city. Mr. Banda said the problem of floods was bigger than earlier estimated, hence government's decision...

Govt urged to de-centralize roads levy revenue

The Anti Voter Apathy (AVAP) has proposed that the utilization of road levy funds be de-centralized. AVAP Executive Director Bonny Tembo says this is because some parts of the country are starved of funds collected locally. Mr. Tembo told...
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Latest News

ZANACO bank records revenue growth of K3.94 bn, declares K421m dividend

By BENEDICT TEMBO ZANACO Bank Plc has declared a dividend of K421 million to shareholders after recording total revenue growth...
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