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Sunday, November 29, 2020

Economy

FRA disburses K6bn for maize purchase in Eastern province

The Food Reserve Agency (FRA) has dispersed K6 billion for the purchase of maize in Eastern province. FRA executive director Dr. Anthony Mwanaumo told ZANIS in an interview today, that his agency has started paying farmers who sold their maize to...

Government remains committed dialogue – Mulongoti

Government says it  remains committed to dialogue with all stakeholders in order to enhance the prevailing peace in the country. Chief government spokesperson Mike Mulongoti  said there is need for all stakeholders to continue dialogue with government. He said this during...

Market construction in Chelston progresses

Construction of a modern market in Lusaka's Chelston residential area has reached an advanced stage. An  on the spot check at the site by ZANIS found Met-Weld construction company workers putting up final touches on some parts of the structures.   Government in...

ZESCO rations power to keep the mines going

ZESCO said on Wednesday it had begun rationing electricity to cope with a shortage prompted by rising demand from the mining sector, the economic lifeblood of Zambia. The state owned utility said it had started rationing electricity to domestic and...

Government releases K120m for the extension of health centre in Kapiri

K120 million has been released under the poverty reduction fund for the extension of Chala health centre in Mukubwe ward in Kapiri Mposhi district. Kapiri Mposhi district commissioner Jeston Mulando disclosed this in an interview with ZANIS after touring some of...

Government contracts USD110 million since reaching HIPC

Government has contracted a total of eight external loans amounting to over US$110  million from the time Zambia reached the Highly Indebted Poor Countries (HIPC) completion point, Finance and National Planning minister Ng'andu Magande has disclosed. Mr. Magande said three...

Turnover at LuSE impressive

A total of 19,999,536 shares were transacted in 77 trades on Lusaka Stock Exchange (LuSE) last week yielding a turnover of K494.97 million on the equity market. According to the latest LuSE weekly update, the all-share index closed at 2,966.10 points...

Zambia’s trade surplus to reach $1.2 billion

Commerce, Trade and Industry Minister Felix Mutati has said Zambia’s trade surplus is this year expected to reach over US$1.2billion. The country last year recorded a trade surplus of US$1,178.4 million from US$34.6 million 2005. “Zambia’s trade surplus will this year...

“Chinese experts will be in Zambia next month to check on Dag Construction site”

President Levy Mwanawasa has revealed that Chinese experts will be in the country next month to look at the Dag Hammarskjoeld Stadium construction site. Mr Mwanawasa said the visit by the Chinese experts to check on the Stadium Construction site was...

Sub-Saharan shows little progress towards MDGs

SUB Saharan African countries have shown very little progress towards the achievement of the Millennium Development Goals (MDGs) reviews the MDGs 2007 report launched this week by the United Nations secretary general Ban Ki-moon. Mr Ki-moon addressing a high level...
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Nkana and Napsa Stars on Sunday delivered vital away wins in their respective continental preliminary round, first leg matches following Saturday’s modest results posted...

Use CDF to Construct Local Courts in your Respective Constituencies-Given Lubinda

Minister of Justice Given Lubinda has appealed to Members of Parliament to allocate part of their Constituency Development Fund towards the construction of...

Church urged to assist rehabilitate inmates

Solwezi District Commissioner, Rosemary Kamalonga has called on the church to get involved in the rehabilitation of inmates in the country. Speaking at a thanks...