Economy

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...

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...

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...

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 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...

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...

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...

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...

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...

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...