9.5 C
Alba Iulia
Tuesday, August 11, 2020

Economy

Bank of Zambia Disburses over One billion Kwacha to Financial Service Providers

The Bank of Zambia (BoZ) has so far disbursed over One billion kwacha to Financial Service Providers ( from the Targeted Medium-Term Refinancing Facility of the 10 billion kwacha stimulus package. This is according to the refinancing facility report availed...

DEC and BoZ Should Issue a Comprehensive Report on two banned Financial institutions in Southern Province

THE United Party For National Development(UPND) has called on the Drug Enforcement Commission (DEC) and the Bank of Zambia (BoZ) to issue a comprehensive statement on their findings with regards to the operations of two banned financial institutions in...

Zambia’s July Inflation drops from 15.9% to 15.8 %

Zambia's July Inflation dropped by 0.1% from 15.9% in June, increasing the the annual inflation rate to 9.7 percent in July 2020 from 5.8 percent in July 2019. The Zambia Statistics Agency has attributed the development to a faster...

Government signs credit agreement with World Bank to finance Girls Education and Womens Empowerment

The Zambian government and the World Bank have signed a credit agreement for additional financing to support the Girls Education and Women’s Empowerment Project. The additional financing, approved by the World Bank Board of Directors in March 2020, will support...

Zambian and Latvian Chambers of Commerce and Industry agree to enhance economic cooperation

THE Zambia Chamber of Commerce and Industry (ZACCI) and the Latvian Chamber of Commerce and Industry (LCCI) have signed a memorandum of understanding (MoU) meant to enhance economic cooperation between Zambia and Latvia. ZACCI and LCCI have further agreed to...

Government dismayed by the impromptu on-going closure of Spar outlets in Zambia

The government has noted with dismay the impromptu on-going closure of Spar outlets in Zambia at a time when the Chain store has grown to become one of the household names in Zambia. Spar Zambia Limited Management announced that it...

Government hopes Cross-border E-commerce will be better developed

Minister of Tourism and Arts Ronald Chitotela says he hopes the 4th Global Cross-border E-commerce in Henan, China should be better developed to realize the rapid and effective cross-border circulation of international goods and services including in tourism. Speaking at...

Distribution of farming inputs to all parts of the country to in September

Agriculture Minister Michael Katambo says distribution of farming inputs to all parts of the country will begin on September 1, 2020. Mr. Katambo says Government has contracted six agro companies to supply fertilizer and that 90 percent of basal dressing...

Boost for Kariba Hydro Power Station, Power output set to increase

The Zambezi River Authority (ZRA) has increased water allocation for electricity generation in Zimbabwe and Zambia following improved water inflows into Kariba Dam. This means Kariba Hydro Power Station is set to increase output, which is good news to industry...

Government more determined than ever to empower both farmer groups and small and medium Enterprises

Government says it will do everything possible to improve the Diary sector as it has the potential to drive the country's economy. And Minister of Commerce Trade and Industry Christopher Yaluma says the Coronavirus is one of the major concerns...
- Advertisement -

Latest News

Challenges of raising an autistic child

In this episode of Studio Ken, two parents - Mainza and Len Kawanu - discuss the challenges of raising...

Kamanga Congratuates Champions Nkana

FAZ President Andrew Kamanga has congratulated newly crowned FAZ Super Division champions Nkana and also given his side of the story on the controversial...

Zesco United Congratulate Successors Nkana

Outgoing FAZ Super Division champions Zesco United have congratulated Nkana for winning the 2019/20 league title. Nkana were on Sunday crowned league winners of the...

Ndola Lime Company not sold-ZCCM-IH

The ZCCM-IH has denied signing a memorandum of understanding Global Human Benefit Zambia Limited for the sale of a 65% stake and the...

Cabinet Approves Introduction of Bills to Provide for Economic Processing and Exportation of Cannabis

Cabinet has at its 18th meeting today approved, in principle, to the introduction of Bills in Parliament to provide for cultivation, processing and exportation...