Wednesday, May 15, 2024

Economy

Central Province Investment Expo created opportunity for Indian investment – Kapijimpanga

The Central Province Investment Expo created a lot of impetus for Indians to invest in Zambia, Zambia’s High Commissioner to India Judith Kapijimpanga has...

Over 800, 000 euros pumped into ‘Strengthening Citizen Action’ project

The European Union (EU) has released an amount of 833,139 Euros for enhancing the ‘Strengthening Citizen Action’ project in Western and Luapula provinces. ...

First Quantum Minerals Initiates Information Sharing Sessions

By John Chola FIRST Quantum Minerals (FQM) has initiated a new avenue of openly engaging and sharing pertinent information with the general public through various...

Moody’s Sees Zambia’s Debt Burden Exceeding 75% of GDP this Year

Bloomberg reports that Zambia’s credit profile is constrained by it high debt burden which will increase even more, Moody’s Investors Service said. The Zambia’s debt...

ZESCO targets to raise K16 billion in first year of higher tariffs

ZESCO Managing Director Officer Victor Mundende has justified the 91% average retail electricity tariff hike proposal. ZESCO has formally written to the Energy Regulation Board...

Warning signs for Zambia as Eurobond curve becomes more inverted

Zambia’s Finance Minister Margaret Mwanakatwe said this month there’s no need to worry about the government’s debt load. But investors are sending the opposite signal. The...

Story of K23 billion vanishing is false-BoZ

The Bank of Zambia has rubbished media reports that some K23 billion of recently printed bank notes has gone missing. Some media reports indicate that...

ZANACO “banks” K9.2 million dividend to IDC

ZANACO Bank Plc has declared K9.2 million dividend to its shareholder the Industrial Development Corporation for the financial year ended 31st December 2018. Speaking before...