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Economy

K 5.2 Billion released for Development Programs and Government operations

In January, 2018, the Treasury released a total of K5.2 billion of which K1.6 billion was for personal emoluments for public service workers, K1.8...

Absentee civil servants warned with dismissal

Government has warned that it will institute measures to remove civil servants who desert their districts from the payroll. Northern Province Permanent Secretary Elias Kamanga...

FQM launch new website to to publicise opportunities for local businesses.

First Quantum Minerals (FQM) and the Musele Chamber of Commerce in North-Western Province have partnered to launch a new website to publicise opportunities for...

Government wont default on loan repayments – Mutati

Minister of Finance, Felix Mutati has assured the nation that Government would not default on its debt repayments as it had the capacity to...

Indian transformer firm to invest in Zambia

One of Indian transformer manufacturing company has offered to set base in Zambia to service the country and the region. PME Power Solutions India Limited...

Zambia looks to America for Tourism support

Tourism and Arts Minister Charles Banda says Zambia looks at America as a baby that need to be well natured in order to grow...

Japanese Ambassador signs three contracts for Grant assistance

Japanese Ambassador to Zambia Hidenobu Sobashima has signed three contracts for Grant Assistance for the Grassroots and Human Security Projects. Ambassador Sobashima said the embassy...

CDC and A P Moller Capital make bid to acquire CEC for K3.709 billion

The CDC Group has made a bid to acquire a majority stake in Copperbelt Energy Corporation (CEC) which is listed on the Lusaka Securities...