Economy

THE Bank of Zambia (BOZ) has urged central banks within the SADC region to critically review the level of investment and dependence on Information and Communications Technology (ICTs) which is critical to the implementation of good corporate governance. BOZ...

FRESHPIKT, a food processing and canning company has managed to post success in sales despite the high production costs in Zambia through the increase in production out put, managing director Midge Drakes has said. In an interview over the weekend,...

Zambia says achieving deeper Economic Partnership Agreements (EPAs) in the COMESA region calls for unity, cohesion and solidarity among COMESA member states. Zambian Commerce, Trade and Industry Minister, Felix Mutati, notes that most member states in the Common...

Vice President Rupiah Banda has disclosed that construction of the Zimba-Livingstone road will commence immediately after the rain season. Mr. Banda said government has allocated funds for the undertaking and the contractor is already on site to begin the works. The...

Miners at the Chinese Collume Coal Mine (CCM) have gone on strike demanding an increment of...

The SADC Council of Minister has approved the estimates of revenue and expenditure of over US$49 million for the 2008/2009 financial year. This is compared to the US$45, 349, 000 which was allocated for the 2007/2008 financial year. Chairperson for the...

Zambia is on track to complete the construction of a dedicated power supply line to its first nickel mine where production of 8,600 tonnes of nickel will commence mid-year, an industry official said. Sixtus Mulenga, general manager of Albidon Zambia...

One person has died while several others have been injured at the Chinese collum coal mine accident in Sinazeze in Sinazongwe district. Maamba Hospital Superintendent Dr Angel Mwiche confirmed the death of Trywell Siapukwe that he was brought in...

The government is set to select another financier for its $1.2 billion crude oil purchases if current talks with a unit of a South African bank collapse, President Levy Mwanawasa said on Friday. Mwanawasa said he was waiting for a...

Parliament heard Thursday that about 67.7 million tonnes of copper ore is still reserved in Chibuluma, Nchanga open pit and Mindolo shaft mines on the Copperbelt. Mines Deputy Minister, Maxwell Mwale told the House that Chibuluma mine still has about...