Economy

Lusaka City Council (LCC) is losing an estimated cost of K60 billion in unpaid rates annually. This is according to a Valuation Roll listing register which shows that commercial properties are topping the list. This came to light during a Strategic Planning...

Government, through the Food Reserve Agency (FRA), has so far disbursed K 2.8 Billion to Mazabuka district for the payment of farmers who sold their maize to the agency. Mazabuka District Agricultural Coordinator, Richard Nambwalu, disclosed this to ZANIS in Mazabuka...

Samfya District Commissioner, Sylvester Chimfwembe, says government should speed up the decentralization process for it to be completed soon. Mr. Chimfwembe made the call yesterday when he received copies of the English and Bemba versions of the Fifth National Development Plan...

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...

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...

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...

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...

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...

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...

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...