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Saturday, April 17, 2021

Economy

Government has secured K200 billion to buy excess maize from farmers – Levy

Government has secured K200 billion to buy excess maize from farmers through out the country. President Levy Mwanawasa announced this today when he addressed hundreds of people who received him on arrival at Chipata Airport. Mr. Mwanawasa is in Chipata to...

Investors dispels fears of displacement among Mufulira’s Mokambo residents

International Copper Systems Limited, ICS, of Canada  the joint owners of the closed Mokambo Mine in Mufulira district, says no residents living within the vicinity of the mine would be displaced one the company begins full scale Copper production. The...

Levy praises OPEC, World Bank

President Mwanawasa has praised the Oil Producing and Exporting Countries (OPEC) and the World Bank for aiding Zambia in her quest to foster development. President Mwanawasa revealed that OPEC had committed a total of K28 billion towards the rehabilitation of the...

FRA releases K1 billion for maize purchase in Katete

The Food Reserve Agency, FRA, has released One billion kwacha towards payment for maize bought bought from farmers in Katete district. Katete district Food Reserve Agency, FRA, Manager Patson Mwale confirmed the release of the funds to ZANIS today. Mr Mwale...

Magande urges BOZ to supervise Micro-finance institutions

Finance and National Planning Minister Ngandu Magande has urged the Bank of Zambia (BOZ) to stringently supervise macro-finance institutions in the country. Mr. Magande says through supervision, the Central Bank could strengthen the banking sector as this would evoke consumer confidence. The...

Govt delays the 16% pay hike for ministers so as to pay farmers

Deputy Minister of Finance and National Planning Jonas Shakafuswa has disclosed that ministers and other senior government officials have not yet started receiving their 16 per cent salary increment because government has to pay farmers who sold their maize...

SADC peacekeeping force becomes a reality

The Southern African Development Community (SADC) Brigade (SADCBRIG) comprising the military, the police and civilian components has officially been launched in Lusaka at a colourful parade, with 554 uniformed personnel present. The SADCBRIG, launched at Zambia Air Force's (ZAF) City...

Legalise your businesses, mote, hotel managements told

The Hotel and Catering Association of Zambia  (HCAZ) has urged all those involved in the hospitality industry in Kafue to legalize their businesses and pay taxes to government. Association President Sylvia Eneke, speaking in Kafue today, said all those who have...

The power blackout that lasted for four minutes was

The 12 Heads of State and country representatives who are attending the summit remained in the dark while seated at the high table in the main hall, save for a litle light from a few power saving florescent tubes. The...

Scrutinise road contractors, RDA urged

Lusaka Province Permanent Secretary Susan Sikaneta has called on the Road Development Agency, RDA,  to scrutinise plans of road contractors before they start working on any road project. The Permanent Secretary says lack of close monitoring of road contractors in...

Latest News

Government records a positive growth on revenue collected from January to March 2021

Government has recorded a positive growth on revenue collected from January to March 2021, Secretary to the Treasury Fredson...