Saturday, June 28, 2025

Economy

Tony Elumelu Foundation Opens Applications for 3rd Cycle of Entrepreneurship Programme

Africa’s largest business incubator, The Tony Elumelu Foundation (TEF) has announced that it is now accepting applications from African entrepreneurs, with business ideas that can transform Africa. The application portal is open and accepting submissions until Midnight West African Time...

President Lungu expects ERB to reduce fuel prices in due course

President Edgar Lungu has announced that he expects the Energy Regulation Board to reduce fuel prices in due course. President Lungu said a favourable pronouncement...

Contract for Construction of 98.3 Km Nyimba- Luangwa Bridge road rises from 33.1 million to 55.6 million Euros

GOVERNMENT has said the contract sum for the 98.3 kilometres Nyimba-Luangwa Bridge stretch on the Great East Road has been revised from 33.1 million...

ZRA fails to reach target of collection K1 billion from the mines

The Zambia Revenue Authority (ZRA) has disclosed that over one billion kwacha was not collected from the mines as company income due to the...

UNHCR Representative urges Government to Revamp Rubber Plantation

United Nations Resident Coordinator Janet Rogan says there is need to revamp the rubber plantation in Nchelenge district. Ms Rogan says the plantation has potential...

Frequent User Discounts (FUDs) in Public Road Tolling introduced

Minister of housing and public infrastructure Ronald Chitotela has announced the introduction of frequent user discounts in the National road tolling phase 2 ...

Zambia’s inflation drops to 7.5%, to close the year in single digit

Zambia has closed 2016 with a 7.5 percent inflation rate in line with the Bank of Zambia’s projection of a single digit inflation rate. December...

Unlike KCM, workers at Mwambashi Open Pit Mine end year year with smiles

In contrast to the challenges faced by workers of the Indian owned mining firm KCM, workers at the smaller Mwambashi Open Pit Mine have...