Economy

A delegation comprising 14 distinguished Swedish companies, led by His Excellency Mr. Mikael Lindvall, the Swedish Deputy Director-General of Foreign Affairs, Africa Department, visited Zambia as part of the Swedish Ministerial Business Delegation. The meeting, hosted with great enthusiasm,...

ZCCM-IH and Vedanta Resources have officially signed a shareholders and implementation agreement aimed at regulating the operations of Konkola Copper Mines (KCM). This agreement outlines the obligations and responsibilities of both Vedanta and ZCCM-IH in managing KCM's operations. The signing...

The Zambian government has introduced the Sustainable Agriculture Financing Facility credit window, marking the beginning of the registration process at district agriculture coordinators' offices. This initiative, designed to support and promote sustainable agriculture practices, aims to provide accessible loans...

Cabinet has granted its approval for the issuance of a Statutory Instrument (SI) pertaining to the revision of minimum wages and conditions of service for various categories of workers covered by the Minimum Wages and Conditions of Employment Act....

In a significant gesture of support and cooperation, the German government has allocated €10 million to Zambia for the improvement of water supply management. Germany's President, Frank-Walter Steinmeier, made this announcement during a joint press conference with President Hakainde...

The Energy Regulations Board ERB has maintained the pump prices for Petrol, Diesel and Kerosene for the month of November 2023. Petrol will continue selling at K29.98 per litre , K29.96 per litre for diesel and K20.44 for kerosene. ERB...

U.S. company LANDLOCK Natural Paving, Inc. signed a five-year Joint Venture agreement with the Zambia National Service under the Ministry of Defence to build 5,000 kilometers of road in Zambia that will run through all 10 provinces of the...

By Aaron Ng’ambi The story of Zambia after 59 years of independence is a sad tale, though not unique to this landlocked country; it’s similar to that of many post-independence African states. Zambia, which has great potential, is surrounded by eight...

In a significant development, President William Ruto of Kenya announced that the country will eliminate visa requirements for all African visitors by the end of this year. He made this groundbreaking announcement during an international conference, emphasizing the need...

In a bid to strengthen trade ties and foster investment opportunities, the President Hakainde Hichilema, met with prominent international delegations recently. Discussions primarily centered around trade, investment, and the role of positive discrimination in procurement processes. President Hichilema welcomed a...