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Economy

Speaker directs Minister Ronald Chitotela to explain the Toll gates management Contracts

Speaker of the National Assembly Dr. Patrick Matibini has directed Housing and Infrastructure Development Minister Ronald Chitotela to render a ministerial statement next week...

The performance of Zambia’s economy in 2018 is fair-EAZ

The Economics Association of Zambia -EAZ- has described the performance of Zambia’s economy in 2018 as fair compared to other Southern African Countries. EAZ President...

Despite the Government’s respected ‘No-GMO position’, the NBA appear to be shifting the goal posts

The people’s position remains that Zambia is a GMO-free country, and yet the mandated National Biosafety Authority (NBA) seems determined to change this. In September...

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Government has withdrawn the motor vehicle replacement allowance for Cabinet ministers effective January 1, 2019 in adherence to the austerity measures government has put...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