Zambia and Finland to hold high level talks

Finland
2
A delegation from the FINNISH MINISTRY OF FOREIGN AFFAIRS led by the Director General, KRISTIINA KUVAJA-XANTHOPOULOS, has arrived for high-level consultations with the Government of the Republic of Zambia. The two day high-level bilateral consultative meetings will commence today at TWANGALE PARK IN...

EU-Zambia support intact-MOF

2
Ministry of Finance Public Relations Officer Chileshe Kandeta has disclosed that the European Union (EU)- Zambia relations are cordial and both parties are focused on achieving greater development. In a Statement made available to ZANIS in Lusaka yesterday, Mr. Kandeta said this is contrary to...

Mutati to present national budget next month

9
Finance Minister Felix Mutati will present his maiden national budget on Friday, 11th November, 2016. The 2017 National Budget will be the first annual plan under the economic stabilisation and recovery programme being developed by the government. “In the coming days before budget day, the Ministry...

Chamber of Mines sees more than 10% cut in 2019 copper output

Chamber of Mines Zambia President Goodwell Mateyo
3
The Zambia Chamber of Mines has warned that Copper output in Zambia could fall by more than 10% this year because of new taxes the government has introduced. While the focus in recent days has been on government plans to liquidate Vedanta Resources Ltd.’s Konkola...

Luanshya hit by a critical shortage of mealie meal

54
Luanshya town has been hit by a critical shortage of mealie meal despite having a milling company in the area, namely, Antelope. A check by ZANIS today in the central business area revealed that most of the outlets including shoprite, National milling outlet...

Citizens urged to acquire shares in ZCCM-IH

IDC Group Chief Executive Officer Mr Mateyo Kalubawith ZCCM-IH Chief Executive Officer Dr Pius Kasolo
10
Zambia Consolidated Copper Mine Investment Holdings (ZCCM-IH) has urged Zambians to engage stock brokers and seek advise on how to acquire shares in ZCCM. ZCCM-IH Public Relations Officer, Loisa Kakoma has advised the public to seek guidance from stoke brokers on steps to follow to...

Two week strike costs TAZARA US$ 1.4 million

9
The Tanzania-Zambia Railway Authority (TAZARA) resumed operations on Monday after more than 1,000 Tanzanian workers ended a two-week strike, the company said. The strike over unpaid wages by 1,067 workers crippled operations at the loss-making railway, which is used to transport copper from Zambia to...

President Banda defends decision to privatise ZAMTEL

24
The President has defended government decision to privatize ZAMTEL saying the move will help improve the status of technology in the Parastatal.President Banda said the institution was important to the country, hence the need to find investors with financial capacity to improve its operations. President...

Auditor General joins investigation team on Zambia Railways

11
The Auditor General (AG) has joined the Anti Corruption Commission (ACC) as investigations in the alleged corruption scandal surrounding the management of Zambia Railways Limited (ZRL) intensify. ZRL chief executive officer Clive Chirwa was recently suspended by President Michael Sata for alleged corrupt doings while...

Zambia has made notable progress – Chiteme

The construction of the Kafue Gorge Lower hydro power plant
6
Minister of National Development Planning Alexander Chiteme has called on development partners to continue complementary efforts of Least Developed Countries in their determination to come out of poverty. The Minister made a clarion call in a statement read on his behalf by Ministry of National...

600 firms face ‘deregistration’

9
Over six hundred companies are at the verge of being de-registered for failing to submit annual returns to the Patents and Companies Registration Agency-Pacra. Pacra- has confirmed that it is in the process of deregistering companies which have failed to submit annual returns for the...

Mongu-Kalabo road works ahead of schedule – Chen

8
AVIC International site manager Chen Yiju says the company is expected to complete major works on the Mongu-Kalabo Road by December, four months ahead of schedule. Mr Chen said the company which is supposed to complete the project in April 2016, has done 80 percent...

Assist our Institutions of Development, Chikwanda Urges African Development Bank

4
Finance Minister Alexander Chikwanda has called on the African Development Bank to support institutions of development and help to strengthen policy implementation mechanisms of member countries. This is contained in a statement released to the media today by Ministry of Finance Public Relations Officer...

More funds released to pay off farmers

15
Government has so far paid out K711 million to farmers who sold maize to the Food Reserve Agency (FRA) during the 2014 crop marketing season. Agriculture and Livestock Minister Wylbur Simuusa said in an interview with ZANIS in Lusaka today that the Ministry of...

29 Geological blocks allocated in for oil exploration

28
Parliament heard today that 29 geological blocks in Chama and Lundazi districts in Eastern province have so far been demarcated for prospective oil explorations. Mines and Mineral Development Minister Maxwell Mwale told parliament that his ministry has invited exploration companies to bid for the oil...