Friday, May 9, 2025

Economy

Tullow Oil Launches Oil, Gas exploration in Zambia

UK firm Tullow Oil has started exploring for oil and gas in Zambia as the country pushes to diversify its economy and reduce its...

Policy Monitoring and Research Center commends the Bank of Zambia (BOZ) for reducing the Policy Rate

Policy Monitoring and Research Center (PMRC) Executive Director Bernadette Deka has commended the Bank of Zambia (BOZ) for reducing the Policy Rate from...

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...