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Alba Iulia
Friday, October 30, 2020

Economy

UK’s Minister for Africa to visit Zambia 8 – 9 October 2020

  The UK’s Minister for Africa, James Duddridge MP, will make a two-day visit to Zambia 8-9 October 2020. The Minister’s visit will strengthen the broad bilateral relationship that exists between the United Kingdom and the Republic of Zambia. Mr Duddridge...

I’ll uphold the Operational Independence of the Bank of Zambia in line with the law-Mvunga

Reuters reports that Zambia’s New Central Bank Governor Christopher Mvunga said on Tuesday that he will uphold the operational independence of the Bank of Zambia in line with the law. Zambian President Edgar Lungu summarily dismissed central bank governor Denny...

Cost of Living Remains High as the Nation looks to the 2021 Budget

On Friday September 25, 2020, the Minister of Finance presented the 2021 National Budget to Parliament dubbed “Stimulate Economic Recovery and Build Resilience to Safeguard Livelihoods and Protect the Vulnerable”. The JCTR acknowledges the timeliness of this theme given...

Government to issue a comprehensive statement in Parliament in KCM liquidation process

The Government has said that it will issue a comprehensive statement in Parliament regarding the liquidation of Konkola Copper Mines (KCM) after the court process. Mines and Minerals Development Minister Hon. Richard Musukwa said that the next step will...

K60 Million worth gold produced at Kasenseli Mine

ZCCM-IH Gold Company has in the past three months produced gold worth sixty million kwacha at Kasenseli Gold mine in the Mwinilunga District of North-Western Province. ZCCM-IH Project Manager Charles Mjumphi told Journalists in an interview that through the ongoing...

ZNS intercepts 1200 mealie meal bags

The Zambia National Service (ZNS) in Chililabombwe have impounded a truck carrying 1200 bags of mealie meal which was about to be smuggled into the Democratic Republic of Congo (DRC). And Chililabombwe District Commissioner Roy Ngosa has warned people involved...

Zambia’s debt restructuring timeline is ambitious-Stanbic Bank

Standard Bank trading in Zambia as Stanbic Bank says the Zambian government’s proposed timeline for debt restricting may be too ambitious. According to a note from its Africa Research team, Stanbic says it suspects that negotiations with external creditors and...

ZRA donates confiscated cooking oil to health institutions

The Zambia Revenue Authority (ZRA), has donated over six thousand litres of cooking oil worth K200, 000 to various charity and health institutions in Southern Province. ZRA Commissioner - Customs Services Director, Sydney Chibbabbuka says the donation has...

TAZARA records improvement in freight traffic

The Tanzania-Zambia Railway Authority (TAZARA) has registered a four percent improvement in freight traffic in 2020 compared to the previous financial year which ended 30 June 2019. Freight traffic volumes transported by TAZARA for this financial year increased from 175,597...

Parliament ratifies Mvunga’s appointment as BOZ Governor

Parliament has unanimously ratified President Edgar Lungu's appointment of Christopher Mvunga as Bank of Zambia (BOZ) Governor replacing Denny Kalyalya. This came to light when PF Msanzala MP Peter Daka presented moved a motion to adopt the Report of the...
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Prison Leopards Go Top of FAZ Super Division Log

Prison Leopards on Friday took a 24 hour lead in Week One of the FAZ Super Division following a...

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...

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...

I am not ashamed of Zambia’s indebtedness-President Lungu

President Edgar Lungu says he is not ashamed of Zambia’s indebtedness because the money has been used to finance the massive Infrastructure development taking...

Kitwe Pastor expresses disappointment with Bill 10 collapse

The Kitwe Pastors Fellowship has expressed disappointment with the collapse of the Constitution Amendment Bill number 10 in Parliament yesterday. Speaking in an interview ...