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Alba Iulia
Friday, December 8, 2023

Economy

280 petition reopening of Kasenseli Gold mine

Over Two hundred and eighty people in Mwinilunga district in Northwestern province have petitioned President Hakainde Hichilema to hastily reopen Kasenseli Gold mine. The residents have also petitioned the head of state to remove the Zambia National Service (ZNS) officers...

President Urges Swift Closure of Debt Restructuring in Meetings with World Bank and IMF

President Hakainde Hichilema held separate bilateral meetings with Mr. Ajay Banga, the President of the World Bank, and Ms. Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF). The discussions primarily focused on expediting and comprehensively concluding...

Fertilizer scam unearthed in Northern

A scam has  been unearthed in Northern where some cooperatives  are getting farming inputs on behalf of farmers are under declaring the number of packs to their groups. Northern Province Permanent Secretary, Bernard Mpundu says government has received reports that...

IDC CEO Urges State-Owned Companies to Boost Efficiency and Profitability

The Industrial Development Corporation (IDC) is calling on state-owned enterprises to prioritize efficiency, reliability, and profitability to become pillars of national pride. During a visit to the ZAFFICO Pole Treatment Plant in Kalulushi on Saturday, IDC Chief Executive Officer...

ZESCO Unveils $89 Million Solar Project and Explores Alternative Energy Sources

Zambia Electricity Supply Corporation (ZESCO) has announced a bold initiative to invest in alternative energy sources, with an $89 million Solar Project taking center stage. Victor Mapani, the Managing Director of ZESCO, revealed the utility firm's ambitious plans to...

Banker Association of Zambia Delegation Discusses Agricultural Credit Initiatives at State House

In a meeting held at State House yesterday, the Banker Association of Zambia had the distinct honor of being hosted by President Hakainde Hichilema. The delegation, led by the association's Chairperson, Ms. Mizinga Melu, engaged in discussions that spanned...

Zambia Correctional Service Launches Kalonga Mealie Meal Distribution

In a significant effort to address the soaring prices of mealie meal and fulfill the government's commitment to provide affordable essential commodities, the Zambia Correctional Service (ZCS) has officially commenced the distribution of Kalonga mealie meal. The launch ceremony...

Academician Urges Skill Development for Gemstone Sector Growth and Revenue Boost

James Mazimba, an academician based in the Copperbelt, has emphasized the urgent need for enhanced skills development within the gemstone sector. Mazimba, who serves as a lecturer at Ndola's Government-owned Gemstone Processing and Lapidary Training Centre, advocates for a...

Republican debate: Trump conspicuous by his absence for markets

Despite former President Donald Trump, who has a significant lead in national and early state polls, skipping the third Republican primary debate, the prospect of him securing victory over incumbent President Joe Biden is capturing the attention of investors...

Mining Production Decline Contributes to Weakening Kwacha, Says Copperbelt Economist

Copperbelt based economist Manase Siwila believes declining production in the mining sector is contributing to the weakening of the local currency Kwacha. The Kwacha on Thursday morning breached the K23 barrier when trading between K23.00 and K22.57 against one dollar. Major...
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Latest News

Zambia’s Fiscal Dilemma, State Compensation Ethics and Treasury Stability

By Misheck Kakonde The recent judgments overseen by the Attorney General in compensating individuals like Hon. Mwaliteta, Hon. Frank Tayali,...
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