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Alba Iulia
Thursday, November 26, 2020

Economy

Parliament adopts the proposal to ratify the agreement to establish the Tripartite Free Trade

Parliament has adopted a Report of the Committee on National Economy, Trade, and Labour Matters on the proposal to ratify the agreement to establish the Tripartite Free Trade Area among COMESA, East African Community and SADC. Earlier, Chairperson for the...

Zambia participates in Chinese International export forum

Zambia yesterday represented by Minister of Commerce, Trade and industry Christopher Yaluma participated in the 2020 China International Import Expo (CIIE) through a visual meeting. The CIIE is a global event and has earned itself great recognition of being a...

Preliminary works on Batoka Hydroelectric Dam kicks off

The preliminary construction works on the 2, 400MW Batoka Gorge hydroelectric dam developed by the government of Zambia in collaboration with Zimbabwe has begun in preparation for the full implementation of the mega electricity generation scheme. This was revealed by...

Anglo American CEO says not responsible for lead poisoning in Zambia

Anglo American Chief Executive Mark Cutifani says it was not responsible for lead poisoning at Kabwe lead mine nearly 50 years ago. The mine says it plans to defend itself after a class action was filed against. The class action suit...

ZESCO grants Electricity Relief to selected low income households and small businesses

ZESCO limited has given its domestic and commercial customers a COVID-19 Relief Package to cushion the negative impact of the coronavirus pandemic on selected low income households and small businesses. The three-fold relief package cancels all accumulated fixed tariff...

Kazungula Bridge to enhance trade between Zambia and Bostwana

The Southern Africa Development Community (SADC) Cross Border Traders Association has praised governments of Zambia and Botswana for the progress made towards the completion of the Kazungula Bridge. Association Chairperson Jacob Makambwe says the completion of the bridge will further...

France to attract more investors to Zambia

French Ambassador to Zambia Sylvain Berger has pledged to assist Zambia in intensifying its marketing to attract more French investors to Zambia. Mr. Berger observed that Zambia has considerable potential for investments in most of its economic sectors that need...

Bank of Zambia embarks on the disbursement of COVID – 19 funds to business entities

The Bank of Zambia has embarked on the disbursement of COVID - 19 funds to business entities impacted negatively by the pandemic through commercial banks and other financial institutions. Bank of Zambia Governor Christopher Mvunga disclosed this morning in...

The government provides US$40, 000 grant to a Chibombo agro-processing company

The Government has provided US$40,000 as a special grant under the Strengthening Climate Resilience in the Kafue Sub-Basin Project (SCRiKA) to enable MKP Farms to complete the construction of an agro-processing plant. The SCRiKA Project falls under the National Project...

World Bank sanctions Chinese engineering firms for corruption in Zambian power project

The World Bank has sanctioned a Chinese state electric engineering group and its subsidiary over fraudulent practices in a power project in Zambia. The action bars China Electric Design and Research Institute Co Ltd (CEDRI) from participating in World Bank...
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UPND calls for extension of Voter registration Period

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Zambia needs to sell itself better-Amos Chanda

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There will be no personal to holder vehicles for Local Government Directors

THE LOCAL Government Service Commission Chairman Mr. Amos Musonda has reminded Local Government Directors to begin divorcing themselves off personal to holder vehicles noting...