0 C
Alba Iulia
Wednesday, February 19, 2020

Economy

Govt to invest $65 million in Indeni

The Zambian government and French oil major Total SA (TOT) are set to invest up to $65 million in the country's sole petroleum refinery, Indeni, in the next five years as the country seeks to stabilize fuel supply to...

Lumwana copper project wins award

Zambia continues to amass accolades for its burgeoning mining sector. The latest news is that Equinox Minerals’ Lumwana project has been awarded Mining Deal of the Year by Project Finance International (PFI) at the PFI Annual Awards Dinner held...

Sinazongwe Farmers cry for School..

Sinazongwe farmers from Chuunga in senior Chief Mweemba area have called on government to construct a road, School, Clinic, and boreholes to save them from difficulties they are facing. Chuunga area which has more than 400 hundred people have...

Tata Group to build power station

LUSAKA: Tata group Tuesday signed an agreement with Zambia's state-run power utility Zambia's Electricity Supply Corporation (ZESCO) to build a hydroelectric station in Zambia where demand for electricity has outstripped supply. The 120-megawatt plant, will be constructed over two years...

Chilanga Cement stops exports

Chilanga Cement says it has stopped exporting the commodity, in order to meet the increasing local demand.The company says demand for cement in the country is increasing rapidly by the day. A company Sales Officer told ZNBC news, that the...

UNZA Students Jeer Mwanawasa

President Levy Mwanawasa has been jeered by UNZA students angered by the sale of shares in the state bank Zanaco to a foreign buyer, witnesses said on Saturday. Mwanawasa, who has come under fire for his economic policies, was booed...

Zambia Launches $15 bn Economic Plan

Zambia, Africa’s biggest copper producer, planned to spend $15bn over the next five years to develop its economy, President Levy Mwanawasa said yesterday. The country would use the money to reduce unemployment, boost the education and health industries, and reduce...

Housing allowance abuse uncovered

A total of 100 billion kwacha (about 23.26 million U.S. dollars) meant for housing allowance arrears has been misapplied by civil servants in various Zambian government ministries, a deputy minister said Friday.Deputy Minister of the Ministry of Finance and...

Tenders to explore possible oil, gas

A minister said here on Friday the Zambian government would soon launch tenders for international firms to explore oil and gas which are discovered in Northwestern province late last year. Mines and Mineral Development Minister Kalombo Mwansa said in...

Latest News

President Lungu receives Russia’s Federation council chairperson

President Edgar Chagwa Lungu, has held discussions of mutual interest with Russia’s Federation Council Chairperson Her Excellency Mrs Valentina...

Sunbird Bioenergy Africa recruits 1 700 local farmers in Kawambwa, but needs more farmers to reach target of 20 000

About 1700 out of the targeted 20,000 cassava out-grower farmers for the 2019/20 farming season have been captured by Sunbird Bioenergy Africa in Kawambwa...

Great East Road to be closed on Wednesday to Facilitate Emergency Repairs

The Disaster Management and Mitigation Unit (DMMU) has announced that construction works on the damaged part of the great east road at Kacholola area...

In-form Zanaco Eye 7th Unbeaten Game

Zanaco's six match unbeaten league run is in the dock again on Wednesday when they host Red Arrows in a Lusaka derby clash at...
[Read 2 times, 1 reads today]