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Economy

19 villagers left homeless by investors

Residents of Ntekete in Chief Shaibila’s area in Mkushi district have threatened to fight back investors who are reportedly burning houses and firing...

KCM concentrator in Chingola has been shut down

KONKOLA Copper Mines (KCM) Nchanga concentrator in Chingola has been shut down. KCM public relations and communications manager Shapi Shachinda said Nchanga concentrator has been...

Zampalm oil project to boost production

Zambeef Plc, the largest integrated agri-business company in Zambia says Zambia has potential to be self-sufficient in cooking oil production in the next...

Adolescents to get social cash

Government plans to introduce a social cash transfer programme that will specifically address challenges facing the adolescents. Minister of Community Development, Mother and Child...

Copperbelt Energy Corporation starts restricting power supply to KCM

Copperbelt Energy Corporation (CEC) has started restricting power supply to Konkola Copper Mines (KCM) following a commercial dispute between the two companies. But Minister of...

Rating Agency Fitch Revises Zambia’s Economic Outlook from Negative to Positive

Fitch Ratings has revised its outlook on Zambia's Long-term ratings to positive from stable and affirmed the 'B' rating. In a statement, Fitch said the...

Cooperating Partners agree to finance US$ 280 million for Kariba Dam rehabs

SEVERAL Cooperating Partners have responded to a request from the Governments of Zambia and Zimbabwe to assist with the rehabilitation of Kariba Dam. The rehabilitation...

Chikwanda to present 2015 National Budget on October 10th, 2014

Finance and National Development minister Alexander Chikwanda is on October 10, expected to present the 2015 national Budget. Mr. Chikwanda’s his budget speech presentation...