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Thursday, March 23, 2023

Economy

Comesa to launch FAMIS

The Common Market for Eastern and Southern Africa (COMESA) has organised a Food and Agricultural Marketing Information System (FAMIS) workshop in Lusaka. More than 200 stakeholders in the agriculture sector would attend the workshop that would mark the unveiling of FAMIS. The...

LuSE capitalization grows

LUSAKA Stock Exchange (LuSE)'s market capitalisation grew by 52 per cent in 2006, representing a K13 trillion increase from 11 per cent registered the previous year. In dollar terms, the market capitalisation grew by 30 per cent to reach US3.2...

ZESCO, Albidon seal US2.2m deal

The Zambia Electricity Supply Company (ZESCO) has signed a power supply agreement involving US$2.2 million with Albidon Zambia Limited company. Speaking at the signing ceremony in Lusaka today, ZESCO Managing Director Rodnie Sisala said ZESCO would construct a 33 KV...

Govt. releases K200m for terminal construction in Mongu

Government, through the Ministry of Transport and Communication, has released K200 million for the construction of a passenger bus terminal at Mulamba Harbour in Mongu district. Mulamba Harbour Master, Washington Nkhonjela, said the construction of the terminal would commence as soon...

Lake Kariba silt, sand blocks irrigation progress

By Tovin Ngombe The Small Scale Irrigation Project (SSIP) has observed that sedimentation has become a serious problem at Buleya Malima irrigation scheme on Lake Kariba in Sinazongwe district. Sedimentation which is a process where small particles that are moved...

Voluntary Medical Scheme Introduced

The Government has introduced a voluntary medical scheme for public service workers following an agreement with the public service unions, Zambia Daily Mail reported Monday. Employees and the government will be required to contribute 40 and 60 percent of the...

China offers Zambia tariff-free market

Lusaka - China had offered Zambia tariff-free market access for its products and would allow its citizens to borrow investment capital from the Bank of China, finance minister Ng'andu Magande said yesterday. Chinese firms had started feasibility studies on how...

China Offers Zambia Investment Package

Chinese President Hu Jintao on Saturday offered Zambia a multimillion dollar investment package aimed at boosting ties. Facing mounting accusations of Chinese exploitation of African labor and resources _ an issue during last year's Zambian presidential elections ...

Government oders cobalt smelter Closure

The Zambia Government has told Chambishi Metals plc it must shut down its cobalt smelter for 45 to 60 days in order to make repairs following an explosion last month in which its circuit was damaged. The accident, which happened...

Govt to invest $65 million in Indeni

The Zambian government and French oil major Total SA (TOT) are set to invest up to $65 million in the country's sole petroleum refinery, Indeni, in the next five years as the country seeks to stabilize fuel supply to...
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Fred M’membe Features on Russian Television and denounces the West

https://www.facebook.com/FredMmembe/videos/1348735455980167/  
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