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Sunday, April 11, 2021

Economy

Government welcomes uranium explorations

Government says the ongoing uranium mining exploration project in Southern Province is in line with its diversification of the mining industry in the country. Mines and Minerals Development Minister Dr. Kalombo Mwansa says the Kariba uranium project which is still...

FRA paid farmers K317 billion

The Food Reserve Agency (FRA) says K317 billion has been spent on farmers who supplied their maize in the 2007/2008 season. Public Relations Officer, Mwamba Siame said all the farmers have been paid. Mrs. Siame told ZNBC news that the agency...

Zambia Sugar to explore other avenues for sugar cultivation

The Zambia Sugar Company PLC in Mazabuka says it would explore the potential of sugarcane cultitivation in Chief Mwanachingwala's area at the end of the current expansion programme in 2011. Corporate Affairs Manager, Lovemore Sievu disclosed this in...

Weak Financial Sector Hampers Economic Growth- BoZ

Bank of Zambia (BoZ) deputy Governor Tukiya Mabula has observed that the weak financial sector in Zambia was one of the main obstacles to economic development. And Dr. Mabula has observed that the Zambian laws have tended to stagnate and...

Zambia’s Foreign Aid Dependency drops

Acting Finance Minister, Felix Mutati, said government has made steady progress in reducing the country's dependncy on external assistance. Mr. Mutati said government has reduced its foreign aid dependency from 40 per cent to 24 per cent over the last...

Illegal mining activities worry Lumwana

Lumwana Mining Company (LMC) Managing Director Harry Michael has expressed worry at the illegal mining activities by unscrupulous individuals taking place in the LMC license area. Mr. Michael said it was unfortunate that some individuals had started mining...

SWSCO ready to take over Maamba water Supply system

Southern Water and Sewerage Company (SWSCO) has said preliminary studies for the improvement of the water supply system at Maamba Collieries have been completed. SWSCO Operations Manager Charles Shindayile told ZANIS in an interview on Tuesday that at the...

Government is looking to alternative energy sources – Konga

Energy and Water Development Minister Kenneth Konga has advised potential investors wishing to grow Jathropha and other energy producing crops to work closely with the Energy Regulation Board (ERB). Mr. Konga say this is because government needs to have adequate...

Works on multi billion Irrigation project resumes

Works on a multi billion irrigation project co-funded by government and the African Development Bank (ADB) in Manyonyo area of Mazabuka has resumed. Mazabuka district project Manager, Alex Nonde disclosed this ZANIS in Mazabuka today. Mr Nonde said a Chinese contractor...

Rail concession not favouring Zambia – Magande

Finance and National Planning Minister Ng’andu Magande has expressed dissatisfaction with the operations of the Rail Systems of Zambia (RSZ), the concessionaire operating the country’s rail network. Mr. Magande, who is in Washington DC to attend the IMF/World Bank Spring...

Latest News

Northern Province backs President Lungu’s candidature

Northern Province Minister Chungu Bwalya says the Patriotic Front in Northern Province is ready to support the agenda...