Economy

Opposition Leader of Patriots for Economic Progress (PeP) Sean Tembo has said that volatility in the exchange rate of the Kwacha against major convertible currencies is actually adverse to the economy as it undermines the ability of business entities...

The National Union of Miners and Allied Workers (NUMAW) has criticized people doubting the capabilities of Zambians to run local mining firms. NUMAW president James Chansa said Zambia has capable human resources to run Mopani Copper Mines. Mr. Chansa said...

The Millers Association of Zambia (MAZ) has revealed that the exportation of mealie meal which is ground from millers’ own maize is going on well. Early this year, government gave MAZ a 20 percent produce exporting rights, which...

Financial analysts have described as significant the recent gains made by the Kwacha against other major convertible foreign currencies. The analysts say the appreciation of the Kwacha against international currencies is a positive development which cannot be downplayed. ...

Zambia Railways Limited (ZRL) Northern Region Manager, Obed Galatia has described transporting of over one million tonnes of cargo in the year 2020 midst Covid19 challenges as a huge milestone. Mr Galatia has commended the company's employees for their...

The Bank of Zambia has received enquiries from the public to clarify the factors behind the recent sharp appreciation of the Kwacha against the United States dollar. In the May 2021 Monetary Policy Committee (MPC) Statement, the Monetary Policy Rate...

The government has Commended the University of Zambia (UNZA) for the good works at the Agriculture Technology Demonstration Centre(ATDC). And Ministry of Higher Education Permanent Secretary Ms Kayula Siame has since urged UNZA to enhance commercialization of the ATDC...

ZESCO Board Chairperson Chibwe Mwelwa has reiterated that President Edgar Chagwa Lungu has built on KK's infrastructure legacy and made Zambia a Power-hub in southern region. Mr. Mwelwa said this today at the commissioning of the 750MW Kafue Lower...

Secretary to the Treasury Fredson Yamba says the debt swap exercise is cost neutral to government because it will not be an added cost to government business. Speaking when he visited the Payroll Management and Establishment Control (PMEC) Mr Yamba...

President Edgar Lungu is tomorrow expected in Chikankata District of Southern Province to Commission the 750 Megawatts power generator at the new Kafue lower power generation station. Southern Province Permanent Secretary Joyce Bwacha has confirmed the President’s Visit to ZANIS...