Thursday, April 25, 2024
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Economy

Russian delegation expected in Zambia for the $300 million nuclear technology project

A RUSSIAN delegation is expected in the country next week to conduct feasibility studies for the construction of a US$300 million industrial and scientific...

Gridbow Engineers blames Government for the stalled $30 million Solar farm block Project

THE implementation of a solar energy project worth US$30 million in farm blocks has delayed due to inadequate information provision by Government on the...

Sustained decline in inflation has helped in reducing the monetary policy rate-BOZ

THE Bank of Zambia (BoZ) has reduced the monetary policy rate from 12.5 percent to 11 percent following sustained decline of inflation. It has also...

IDC appoints new boards for ZESCO and ZAMTEL

THE Industrial Development Corporation (IDC) has appointed new board of directors for Zamtel and Zambia Railways Limited in an effort to transform the two...

Reduced maize prices will harm farmers if not administered well.

The Food Reserve Agency -FRA- announced that it will buy a 50 Kilogram bag of white maize at K60 under the 2017 crop marketing...

BoZ cuts interest rates to 11%, lowest level since February 2014

The Bank of Zambia has cut its benchmark lending rate by 150 basis points to 11 percent citing lower consumer inflation and weak growth. This...

Luapula expo and investment Conference meaningless without investment being realised – Chilangwa.  

  Luapula Province Minister Nickson  Chilangwa says although the recently held Luapula expo and investment Conference was successful, its benefits will only be appreciated if its...

Stanbic Bank commits to supporting Zambian SME sector

Stanbic Bank says it is committed to supporting the fledging Zambian SME sector to which the bank has so far disbursed K1.5 billion in...