Economy

Commerce, Trade and Industry Minister Felix Mutati has said Zambia’s trade surplus is this year expected to reach over US$1.2billion The country last year recorded a trade surplus of US$1,178.4 million from US$34.6 million 2005. “Zambia’s trade surplus will this year...

Agriculture and Co-operatives Minister Ben Kapita says there is need for the Southern Africa Development Community (SADC) region to match food production with the population growth. Mr.  Kapita says the region would continue to look to other countries for  food...

Democratic Republic of Congo DRC ) President Joseph Kabila has arrived in the country to officially open the Zambia International Trade Fair ZITF in Ndola on the Copperbelt tomorrow. Mr Kabia arrived to a  thunderous welcome and was received by...

Government has called upon corporate organisations to help supplement its efforts in supporting and rehabilitating  communities that were affected by the floods. Republican Vice president Rupiah Banda said government on its own will not be able to raise all the resources...

The British Government through the United Kingdom's (UK's) department for International Development (DFID) will this year provide K340 billion of developmental assistance to Zambia. And the British Government will this week hand over four income generating projects to the government in...

Zambia has launched negotiations with foreign copper mining firms on raising taxes, but expects to agree new deals in September instead of this month, Commerce and Trade minister Felix Mutati said on Tuesday. Mutati said negotiations, including raising the mineral...

Copperbelt minister Mwansa Mbulakulima has challenged local authorities on the Coppperbelt to come up with a mechanism that would compel members of the public to comply with the health standards in their various towns. Mr Mbulakulima said there was need...

Norwegian Ambassador to Zambia, Terje Vigtel yesterday handed over classroom blocks at Kasaka basic in Mazabuka whose construction works were funded by his government. Speaking at the handover ceremony Mr Vigtel said he was happy with the fast rate at which...

North-Western Province Minister, Kenneth Chipungu has implored financial institutions to explore areas that have no banking facilities in the province. Mr Chipungu also advised banks to encourage community banking where those in small scale businesses like vendors in markets could be...

The Executive Board of the International Monetary Fund (IMF) has completed the fifth as well as the sixth and final review of Zambia's economic performance under a Poverty Reduction  and Growth Facility (PRGF) arrangement. And the baord has since approved...