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Alba Iulia
Monday, January 24, 2022

Economy

China offers Zambia tariff-free market

Lusaka - China had offered Zambia tariff-free market access for its products and would allow its citizens to borrow investment capital from the Bank of China, finance minister Ng'andu Magande said yesterday. Chinese firms had started feasibility studies on how...

China Offers Zambia Investment Package

Chinese President Hu Jintao on Saturday offered Zambia a multimillion dollar investment package aimed at boosting ties. Facing mounting accusations of Chinese exploitation of African labor and resources _ an issue during last year's Zambian presidential elections ...

Government oders cobalt smelter Closure

The Zambia Government has told Chambishi Metals plc it must shut down its cobalt smelter for 45 to 60 days in order to make repairs following an explosion last month in which its circuit was damaged. The accident, which happened...

Govt to invest $65 million in Indeni

The Zambian government and French oil major Total SA (TOT) are set to invest up to $65 million in the country's sole petroleum refinery, Indeni, in the next five years as the country seeks to stabilize fuel supply to...

Lumwana copper project wins award

Zambia continues to amass accolades for its burgeoning mining sector. The latest news is that Equinox Minerals’ Lumwana project has been awarded Mining Deal of the Year by Project Finance International (PFI) at the PFI Annual Awards Dinner held...

Sinazongwe Farmers cry for School..

Sinazongwe farmers from Chuunga in senior Chief Mweemba area have called on government to construct a road, School, Clinic, and boreholes to save them from difficulties they are facing. Chuunga area which has more than 400 hundred people have...

Tata Group to build power station

LUSAKA: Tata group Tuesday signed an agreement with Zambia's state-run power utility Zambia's Electricity Supply Corporation (ZESCO) to build a hydroelectric station in Zambia where demand for electricity has outstripped supply. The 120-megawatt plant, will be constructed over two years...

Chilanga Cement stops exports

Chilanga Cement says it has stopped exporting the commodity, in order to meet the increasing local demand.The company says demand for cement in the country is increasing rapidly by the day. A company Sales Officer told ZNBC news, that the...

UNZA Students Jeer Mwanawasa

President Levy Mwanawasa has been jeered by UNZA students angered by the sale of shares in the state bank Zanaco to a foreign buyer, witnesses said on Saturday. Mwanawasa, who has come under fire for his economic policies, was booed...

Zambia Launches $15 bn Economic Plan

Zambia, Africa’s biggest copper producer, planned to spend $15bn over the next five years to develop its economy, President Levy Mwanawasa said yesterday. The country would use the money to reduce unemployment, boost the education and health industries, and reduce...
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Latest News

Government Should give Millers Incentives to arrest the rising cost of Mealie Meal

The Zambia Consumer Association (ZACA) has called on the government to give incentives to millers in the country in...