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Alba Iulia
Saturday, January 23, 2021

Economy

Zambia’s Ambassador to Germany Anthony Mukwita lauds Amatheon Agri-Company

Zambia’s Ambassador to Germany Anthony Mukwita has commended Amatheon Agri Holding N.V, a private Agro investor from Germany for creating 2000 jobs in Zambia and introducing new Agro products for export. Ambassador Mukwita said he is pleased that, the...

Capitalize on high copper prices-Dodia

An Economic Analyst Yusuf Dodia says a rise in copper prices is good news for a commodity-driven country like Zambia as there will be more foreign currency. Mr Dodia said more foreign exchange will translate into an...

Fuel Supply in Zambia is back to Normal-Energy Minister

Energy Minister Matthew Nkhuwa says the country should expect to see constant fuel supply on the market. Mr. Nkhuwa says this is because a number of fuel dealers have started importing fuel into the country following the removal VAT on...

Lawrence Sikutwa sells off his shares in Madison Finance for US$ 35 million.

Lawrence Sikutwa & Associates Limited and ZFI Holdings Limited, the two largest shareholders in Madison Financial Services (MFS), have separately executed Share Purchase Agreements with XYLEM Trading Limited, relinquishing their combined 72.05 per cent shareholding in the insurance giant...

Fuel pump prices remain unchanged-ERB

The Energy Regulation Board has announced that pump prices of fuel products will remain unchanged following the introduction of Statutory Instrument number 125 of 2020 on Value Added Tax (Zero-Rating Amendment) order by government. The ERB disclosed that the order...

Mumbi Phiri calls for arrest of PF masqueraders smuggling mealie-meal

Patriotic Front (PF) Deputy Secretary General Mumbi Phiri has called on security wings to clamp down mealie meal smuggling by bringing to book all the culprits including those masquerading as members of the ruling party. Mrs Phiri explained that...

Mineworkers Union of Zambia Welcomes KCM Split

The Mineworkers Union of Zambia (MUZ) says the recent split of Konkola Copper Mines into two entities will boost production and increase efficiency in the company. MUZ president Joseph Chewe in an interview yesterday, said the development will...

BoZ commences gold purchasing programme

The Bank of Zambia (BoZ) has commenced the accumulation of gold as part of its reserves assets. BoZ Assistant Director for Communications Lwanga Mwilu disclosed that this was after the purchase of 47 kilogrammes of Dore Gold from the Zambia...

BoZ’s Purchase of Gold will help Zambia Further Build Gold Reserves

The Bank of Zambia has purchased 47 kilograms of Gold from the Zambia Gold Company Limited, under ZCCM Investments Holdings. Central Bank Governor Christopher Mvunga says the recently purchased gold is currently sitting in the central bank’s vault. Mr. Mvunga who...

The ARIISE Project will stimulate Economic Recovery-Wina

Government has embarked on a robust countrywide exercise aimed at revamping resettlement schemes under the Resettlement Infrastructure Investment and Enterprise Support (ARIISE) programme in order to stimulate economic recovery. Vice President Inonge Wina disclosed yesterday that government has been...
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Latest News

Woman arrested for stealing a month old baby

A 26 year old woman of Manyama area in Kalumbila district has been arrested for stealing a one month...
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