Thursday, June 20, 2024

Economy

BOZ withdraws K2.2 trillion old currency from circulation

THE Bank of Zambia (BoZ) has issued about KR2.4 Billion (K2.4 trillion) in circulation and has since withdrawn about K2.2 trillion (KR 2.2 billion)...

CEEC to give out KR 100 million this year throughout Zambia

THE CITIZENS Economic Empowerment Commission (CEEC) will this year give out over K100 billion (KR100m) as economic empowerment loans throughout Zambia, Director General Likando...

Mealie prices in Lusaka and Kasama reduce

Lusaka mealie meal traders have complied with President Michael Sata’s directive for them to sell the commodity at not more than K50 rebased. A random...

Irate Choma farmers besiege DACO office, protesting against failure access to fertiliser.

Angry farmers this morning besieged the office of the District Agriculture Coordinator (DACO) in Choma protesting against failure to access subsidized fertiliser. The irate farmers...

Government to create industrial clusters and multi-facility economic zones in all provinces

Government has unveiled its 2011-2015 Strategic Plan with key emphasis on creation of industrial clusters in districts and multi-facility economic zones in all provinces...

CEEC seize property worth KR 5.4 million from defaulters

THE Citizens Economic Empowerment Commission (CEEC) has seized property worth K 5.4billion (KR5.4million) from defaulters. Speaking to journalists, shortly after a site tour of two...

Millers demands to cut work force to reduce meal prices unfounded – ZACA

The Zambia Consumers Association (ZACA) says claims by some millers that reducing mealie meal prices would mean they have to cut down on their...

FRA still owe maize suppliers

The Food Reserve Agency (FRA) in Eastern province owes farmers and institutions a total sum of KR2,500,000 for the maize sold to the agency...