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Alba Iulia
Thursday, July 22, 2021

Economy

The over 170% Spike in Stock Feed Price Worry Poultry Association

The Poultry Association of Zambia has attributed the high cost of stock feeds on the local markets to an increase in demand for soya beans, maize, and sunflower. The Association further attributes the spike in the cost of stock feed...

Christopher Mvunga is still the Governor for Bank of Zambia-BoZ

The Bank of Zambia has dispelled reports currently circulating on some social media platforms suggesting that Central Bank Governor Christopher Mvunga had resigned. The Central Bank has since implored members of the public to treat the reports...

Zambia, China pump K14.6 m into Mulungushi Textile company

The People’s Republic of China and the Government of Zambia have injected K14.6 million into Mulungushi Textiles to operationalize the ginnery. And President Edgar Lungu said the governments of Zambia and China have continued to support the revamping of the...

ZCCM-IH profits dip as Copper prices soar

Mining conglomerate ZCCM-IH saw a sharp decline in profits from K448 million to 307 million for the nine month period ended 31st December 2019. This was compared to the period 31st March 2019 year end. The decline in profits is happening...

Government receives record $277 Million yearly Bank of Zambia Dividend

Zambia has received a 6.27 billion Kwacha ($277 million) dividend payment from its central bank, partly due to gains related to the depreciation of the local currency. The payment in April will help boost the government’s finances and will be...

Youths Welcome decision to give them 30% of shares in Black Mountain

Youths on the Copperbelt have welcomed the decision by the PF government to give them 30 percent shares in the Black Mountain. Some youths talked to, say government's decision to give them the shares is long overdue and will go...

President Edgar Lungu has the best interest of the youth at heart-PS

President Edgar Lungu has the best interest of the youth at heart, Permanent Secretary in the Ministry of Youth and Sports Dr John Phiri has said. Speaking when he flagged off the first four fuel Tanker Trucks for youth...

Those who Championed the Privatization of National Assets should have apologized to Dr. Kaunda

President of the Economics Association of Zambia (EAZ) Dr. Lubinda Haabazoka has said those who championed the privatization of national assets should have apologized to late Zambia’s first Republican President Dr. Kenneth Kaunda whilst he was still alive. Dr. Haabazoka...

Qatar Airways to launch flights to Lusaka

Qatar Airways is continuing its expansion in Africa with a new route launching to Lusaka, Zambia and Harare, Zimbabwe on August 6th. The flag carrier of Qatar is excited to connect passengers to the two cities while meeting...

Formal banks losing clients to mobile money facilities

The use of formal financial services offered by the banks has decreased from 24.8 percent to 20.7 percent. German Sparskassentiftung Project Manager and Representative for Zambia, Reinhold Hoernle said this during the official opening of an eighth branch for African...

Latest News

Terms and Conditions of existing loans for Civil Servants still in force- Bankers Association of Zambia

The Bankers Association of Zambia(BAZ) has advised public service workers with existing loans obtained from commercial banks and other...