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Alba Iulia
Thursday, May 5, 2022

Economy

China committed to joining Zambia creditor committee -IMF’s Georgieva

China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director Kristalina Georgieva said on Thursday, amid complaints from Zambia’s finance minister about delays to its debt restructuring. People’s Bank of China governor Yi Gang said that China...

Zambia seeks stake in Angola oil refinery project

The Zambian government says it has lobbied neighboring Angola to re-open the opportunity for the country to own a state in Angola’s oil refinery project. Energy Minister Peter Kapala said Zambia wanted to have a stake in Angola’s Lobito Refinery...

TAZARA workers ask for improved working conditions

The Workers' Union of the Zambia Tanzania Railway Authority (TAZARA) has implored management at the railway company to actualize the USD 500 million worth Bankable Business Plan recently formulated by the Board of Directors to address various operational challenges...

Concession signed for Kasomeno Mwenda road

Project management firm GED Africa, the Democratic Republic of Congo (DRC) Ministry of Infrastructure and the Agence Congolaise des Grands Travaux (ACGT) have finalised the 25-year concession agreement outlining the infrastructure development requirements of the DRC segment of the...

Mongu MP call for oil exploration in Western Province

Mongu Central Member of Parliament Oliver Amutike has called for an oil exploration in Western Province following the recent discovery of oil in Namibia. Mr. Amutike said that the potential of having gas and oil deposits in the province may...

Copperbelt is dying, recapitalize KCM, Mopani now-Nkana MP

Independent Nkana Member of Parliament Binwell Mpundu has urged the UPND government to quickly recapitalise Mopani and KCM in order to resuscitate the economy of the Copperbelt. Mr. Mpundu said the two giant mining companies have been on oxygen for...

Stagnation of Mopani Copper Mines and Konkola Copper Mines will affect Copper Production

Social Anthropologist James Musonda says the sustained stagnation of Mopani Copper Mines and Konkola Copper Mines(KCM) will see the country’s aspirations to grow annual copper production figures thwarted starting with this year where he has predicted that Zambia may...

Complete overhaul of cooperatives registration is needed to get rid of Ghost Farmers

The Department of Agriculture in Eastern Province has proposed for a complete overhaul of cooperatives registration to clean up the database. The department in the region has also suggested the need to introduce a biometric system of capturing fingerprints...

Chipoka urges Zambian companies to establish joint ventures with Angolans

Minister of Commerce Trade and Industry Chipoka Mulenga has called on the business community to take advantage of the conducive environment that the government has provided. Mr. Chipoka said the government has put in place good policies that...

Another Fuel Hike likely to happen at the end of April

The continued high prices of crude oil on the international market will potentially result in another fuel price hike at the end of April beyond the current prices with such trends anticipated to sustain over the next few months. The...
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Latest News

Government launches National Climate Change Communication and Advocacy Strategy

The Government has launched the National Climate Change Communication and Advocacy Strategy (NCCECAS) to enhance the fight against climate...