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Wednesday, January 20, 2021

Economy

Finland contributes K52 bn towards PLARD

The Finish government has contributed about 10 million Euros (K52 billion) towards the Program for  Luapula Agricultural and Rural Development (PLARD), a bilateral initiative by Zambia and Finland for the improved agricultural sector in Luapula Province. At the launch of...

CEC to boost power to mines, list shares

Copperbelt Energy Company (CEC) will spend $60 million to increase power supply to  copper mines by 40 percent and plans to list on the Lusaka bourse, a senior executive said on Wednesday. Hanson Sindowe, the executive chairman of CEC,...

New Hydro Power station in Mporokoso cheers Science PS

Government has expressed happiness at the innovation of the main Hydro power station  in Mporokoso district. Science and Technology permanent secretary Dr. Paul Zambezi says government will make every effort to protect the site and replicate the idea so that it...

SADC marks Africa Freedom by celebrating a range of welcome developments on the

The Southern African Development Community, SADC, says this year's Africa Freedom Day is an occasion to celebrate a range of welcome developments on the continent. A statement released to the Zambia News and Information Services, ZANIS,  by the SADC Corporate...

Pressure for resettlement of polluted MCM residents increases

Civil society grouping in Mufulira on the Copperbelt hasadded its voice to calls for the urgent resettlement of residents living near  the local Mopani Copper Mines (MCM) in the wake of increasing pollution levels from the smelter upgrade plant. The...

Kasempa NATSAVE employees in court for theft of money

Two male Accounts Clerks at the National Savings and Credit Bank (NATSAVE) in Kasempa today appeared for plea for theft by public servant contrary to section 277 and 27, Chapter 87 of the laws of Zambia. This was in a...

China boosts mining investments to $900 million

China has boosted its planned investment to US$900 million in Zambia`s mineral-rich Copper Belt over the next four years, the government said on Wednesday. The Ministry of Commerce and Trade said China Nonferrous Metals Corporation (CNMC) president Luo Tao told...

COMESA adopts customs union

THE Common Market for Eastern and Southern Africa (COMESA) member states have adopted the Customs Union, after approval of recommendations of an inter-ministerial task force report. COMESA Secretary General Erastus Mwencha said the 23rd meeting of the Council of Ministers...

Zambia to use development finances prudently

GOVERNMENT will cautiously utilise opportunities for development finance that has been created as a result of the country reaching the Highly Indebted Poor Countries (HIPC) completion point. Finance and National Planning Minister, Ng’andu Magande, said this when he addressed delegates...

Stanchart launches electronic banking channel

STANDARD Chartered Bank has launched the one-stop proprietary electronic banking channel for its corporate and institutional clients called Straight2Bank. The fully integrated end-to-end platform provides cash, trade, foreign exchange and securities services via a single sign-on access. This is according to...
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Latest News

Bauleni mini hospital set as COVID-19 isolation centre

The Lusaka District Health Office has reactivated Bauleni Mini Hospital as a COVID-19 centre for patients with mild symptoms...
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