Economy
Financial Inequality in Zambia: Limited Access to Genuine Credit for Local Businesses Despite Commercial Banks’ Huge Profit Figures
MMD President Dr Nevers Mumba recently made a statement on the limited access to genuine credit for local businesses in Zambia, despite the commercial...
Economy
Zambia’s Ballooning Domestic Debt Sparks Concern: M’membe Calls for Real Checks and Balances to Avoid Economic Crash”
Zambia's Socialist Party President, Dr. Fred M'membe, has raised serious concerns over the ballooning domestic debt in the country. He says that the government...
Economy
UPND must must abandon the International Monetary Fund (IMF) deal
Opposition Economic Freedom Fighters (EFF) President Kasonde Mwenda has said the New Dawn Government must abandon the International Monetary Fund (IMF) deal because it...
Economy
Load shedding hours reduced to 4 hours per day
Government has reduced load shedding hours downwards from 8 hours to 4 hours.
Minister of Energy, Peter Kapala says this development comes after an improvement...
Economy
Development Bank of Zambia and ZANACO Partner to Provide $2.5 Million for Renewable Energy Projects for SMEs
The Development Bank of Zambia (DBZ) and the Rural Electrification Authority (REA) have launched the Development Bank of Zambia/Rural Electrification Authority Off-Grid Loan Facility...
Economy
Government launches the National Anti-money laundering Policy
Government says it is committed to fighting financial crimes ranging from Corruption, Money laundering and terrorism financing which is clearly demonstrated through the various...
Economy
BoZ pushes up reserve ratio by 2.5% by prop weak Kwacha
The Bank of Zambia has increased the statutory reserve ratio with effect from Monday, February 13th 2023 in a bid to support the weakening...
Economy
CEEC increases empowerment fund for year 2023 to K377 million from K365 million
The Citizens Economic Empowerment Commission- (CEEC) has disclosed that government has increased the citizens empowerment fund from 365 Million Kwacha from last year’s allocation...