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Economy

Austerity measures to save Government K 4.7 billion-Msiska

Government is expected to save over 4.7 Billion Kwacha, after it implements all austerity measures including the withdrawal of the motor vehicle replacement allowance. And...

Current trade wars between the West and China have implications on the African economy – RB

Zambia’s Fourth President , His Excellency, Mr. Rupiah Bwezani Banda says the on-going trade wars between the Western countries and China meant to impose...

EU signs 20 million Euros agreement to improve public financial management in Zambia

The European Union and the German Technical Cooperation -GIZ- have signed 20 million Euros agreement to improve public financial management in Zambia and to...

Government withdraws motor vehicle replacement allowance for Cabinet Ministers

Government has withdrawn the motor vehicle replacement allowance for Cabinet ministers effective January 1, 2019 in adherence to the austerity measures government has put...

Global Crude Oil Price Plunges, Government Should Reduce Fuel Prices Immediately

By Victor Ngoma, MBA Head-Energy & Power Development Movement for Economic Emancipation (MEE)   On October 2nd, 2018, Zambian Energy Regulation Board (ERB) Chairman, Mr. Raymond Mpundu announced...

IDC in talks to develop and set up solar power plants in various parts of Zambia

The Industrial Development Corporation (IDC) is in talks with Independent Power Producers (IPPs) to develop and set up solar power plants in various parts...

Only 46 miners have so far lost jobs – Mopani

Mopani Mines Plc says only 46 miners who opted for who applied for Voluntarily Separation of Service and met the criteria were released in...

EU to create over 10 million jobs in Africa

The European Commission has proposed a new Africa – Europe Alliance to enhance sustainable investment and jobs between Europe and Africa. European Union (EU) Ambassador...