Friday, March 29, 2024

Economy

Government scouts for US$34 million to revamp Tazara operations

Transport, Works, Supply and Communications minister Yamfwa Mukanga says his ministry is scouting for US$34 million in order to revamp the operations of Tanzania-Zambia...

Zambia has economic comparative advantage – Mulusa

Government says the country has a comparative advantage as an economy in the production of goods and services but exporting these is a...

Government Summons management of Multi-choice Zambia

Government has summoned management of Multi-choice Zambia to discuss the sudden increase in DSTV subscription fees. Information Minister Chishimba Kambwili was speaking to Journalists in...

70% Zambian urban dwellers live in slums

Government has revealed that the shortage of housing units in Zambia has led to the development of slums that accommodate approximately 70 percent of...

Nevers Mumba woos investors to Zambia

ZAMBIA offers one of the most liberal economic policies in the Southern African Development Community (SADC) region which foreign entrepreneurs searching for high returns...

Fuel Supply to normalise soon-Government

GOVERNMENT has announced that the shortage and panic-buying of fuel experienced in Lusaka in the past week is expected to normalise soon. Energy Minister Christopher Yaluma...

PF has no political will to end corruption causing fuel shortages-Wynter Kabimba

The shortage of fuel in the country has been caused by corruption which the Patriotic Front (PF) Government has no political will to end...

Fitch downgrades outlook on Zambia from Positive to Stable, cuts GDP grows prospects to 5.3 % from 6%.

Fitch Rating agency has revised Zambia’s long term outlook to Stable from Positive but affirmed its 'B' rating. The agency also noted that policy coherence...