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Economy

17 arrested in Solwezi’s Kalumbila mine area for breach of peace

Police in Solwezi arrested 17 people at Kisasa in Kalumbila mine area yesterday after a violent commotion erupted during a data base creation exercise....

ActionAid Concerned with President Lungu’s Directive on Minining Taxes

ActionAid Zambia Country Director Pamela Chisanga ActionAid Concerned with President Lungu’s Directive to Effect Changes by April 8 the to the New Mining Tax Regime ActionAid...

Ghanaian Contractor abandons project, Government disappointed

Government is disappointed with a foreign contractor for abandoning works after being awarded a contract to build a boarding school. Permanent Secretary in-charge of...

Government contracts US$65 million loan for National ICT Development

Cabinet has approved the acquisition of a US$65.5 million loan from the Export-Import Bank of China . The loan will support financing of the...

Zambia’s March Inflation rate drops to 7.2 %

The March inflation rate in Zambia has decreased from 7.4 percent in February 2015 to 7.2 percent in March 2015. Central Statistical Office (CSO) Director...

PTA crude oil debt reminder puzzles activist

A Political activist has expressed disappointment over  the statement made by PTA  Bank in which it reminded the Zambian government about the outstanding crude oil...

Elias Chipimo Jnr urges caution on Changing Mining Taxes

DIRECTIVE BY PRESIDENT LUNGU REGARDING THE NEW MINING TAXES We note the directive by President Edgar Lungu to the Minister of Finance and Minister of...

PTA Bank $257 million crude oil debt reminder to Zambia puzzles activist

A Political activist has expressed disappointment over the statement made by PTA Bank in which it reminded the Zambian government ...