9.5 C
Alba Iulia
Friday, August 14, 2020

Economy

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...

Parastatal and Statutory institutions remit statutory obligations amounting to 3.4 billion Kwacha

Parastatal and statutory institutions failed to remit statutory obligations amounting to 3.4 billion Kwacha in 2018. This is according to the Report of the Auditor General on the accounts of Parastatal Bodies and other statutory institutions for the...
- Advertisement -

Latest News

Chamanga Questions Newcomers Zeal For The Big Stage

Former Zambia striker James Chamanga has charged that the current crop of players lack the ambition to play for...

East DC Condemned for Stopping a Recorded UPND Paid Program on PASME FM Radio in Petauke

Media bodies in Zambia have condemned Petauke District Commissioner Velenasi Moyo for illegally ordering the closure of privately owned PASME radio station. Mr. Moyo in...

Zambia Medical Association to launch own investigation into UTH incident of man ranting at Doctors

The Zambia Medical Association has launched its own investigation into a video circulating online purportedly showing a patient disparaging Medical Officers at the University...

Stop Attacks on Archbishop Telesphore Mpundu, Bill 10 Advocates told

The Civil Society Constitution Agenda (CiSCA) has cautioned the youth calling themselves Bill 10 Advocates to stop harassing Archbishop Telesphore Mpundu or any other...

Finance Minister calls for Routine Maintenance of Roads

Finance Minister Bwalya Ng’andu has called on the Road Development Agency -RDA and National Road Fund Agency -NRFA- to adopt a culture of carrying...