Friday, March 29, 2024

Economy

Farmers who engage in banana schemes are better off than those who grow maize-Panji Kaunda

Transport, Works, Supply and Communication Deputy Minister Panji Kaunda has implored small scale farmers to practice crop diversification and stop depending on maize growing. ...

ZEMA cautions against excessive land allocation to foreigners.

The Zambia Environmental Management Agency (ZEMA) has cautioned against allocating excessive and rampant land to foreign investors. Speaking at a Ministry of Environment, Natural...

Yaluma suspends illegal mining activities at Black Mountain in Kitwe

Mines Minister Christopher Yaluma has suspended the illegal mining activities on the copper slag dump commonly known as ‘black mountain’ located in Wusakile township...

Zambia’s 5.5% growth not improving people’s welfare-Saasa

An economist has observed that Zambia's economic growth of about 5.5 percent in the last ten years has not resulted in an improved social...

Bank of Zambia acts to save the falling Kwacha

THE Bank of Zambia (BoZ) has tightened the monetary policy and increased the statutory reserves as well as policy rate in an effort to...

ZESCO signs for $163 million loan from Nordea Bank AB of Sweden and Standard Bank of South Africa.

ZESCO has signed a US$163 million loan agreement with Nordea Bank AB of Sweden and Standard Bank of South Africa. The loan agreement will result...

Zambia signs a $41 million dollars loan from china repayable in 20 years

The Zambian Government has signed a US$41 million concessional loan from China for the construction of a 120 kilometre transmission line between Kariba North...

Mealie meal prices drop in Mufumbwe by K9 to trade at K85 per 25 kg

Mealie meal prices in Mufumbwe District of North Western Province have reduced by about K9 to trade at about K85 per 25 kg breakfast...