Economy
Angola Announces Withdrawal from OPEC Amid Output Quota Dispute
Angola has declared its departure from the Organization of the Petroleum Exporting Countries (OPEC) following a dispute over output quotas. The decision comes after...
Economy
Don’t Blame Government On Kwacha Fall – Former BOZ Governor Christopher Mvunga
Christopher Mvunga, the former Governor of the Bank of Zambia (BOZ), has asserted that blaming the government for the depreciation of the Kwacha is...
Economy
IMF Disburses US$187 Million To Zambia
The International Monetary Fund (IMF) Executive Board has completed its second review of Zambia's Extended Credit Facility (ECF), resulting in the disbursement of approximately...
Economy
Zambia Witnesses Surge in Plant Product Exports
Zambia has experienced a notable upswing in the export of various plant and plant-based products to key trading partners, including China and the United...
Economy
AGL Ports and Terminals Signs Concession Contract for Multipurpose Terminal and Containers at Port of Lobito
A significant step toward transforming the Port of Lobito into a modern and competitive port platform was achieved on December 12, 2023, as Olivier...
Economy
Lake Kariba’s 2024 Water Allocation Cut due to Lower Levels
Lake Kariba is expected to experience lower water levels in the upcoming year, leading to a reduction in water allocation for both Zambia and...
Economy
Chinese team arrives in Tanzania to review TAZARA before takeover
A task force from the state-run China Civil Engineering Construction Corporation (CCECC) has arrived in Dar es Salaam to conduct a comprehensive business and...
Economy
Weakening Kwacha Linked to Declining Copper Production, Says Socialist Party
The Socialist Party's Copperbelt Province Spokesperson, Reagan Kashinga, has attributed the recent depreciation of the Zambian Kwacha to a decline in copper production in...