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Alba Iulia
Thursday, September 28, 2023

Feature Economy

Dr Minister Attends 2023 IMF and World Bank Africa Caucus in Cape Verde

Situmbeko Musokotwane, the Finance and National Planning Minister of Zambia, has arrived in Sal Island, Cape Verde, to participate in the 2023 IMF and World Bank Africa Caucus. The conference aims to explore new modalities and mechanisms for financing...

Empowering Zambia: Breaking the Chains of Debt and Pursuing Self-Sufficiency

Empowering Zambia: Moving Beyond Debt and Embracing Homegrown Economic Development; By Cosmas Chilando The current state of Zambia's economy demands a critical assessment of its strategies and a paradigm shift towards self-reliance. While the celebration of a $188 million debt...

FQM Country Manager ,Dr Beene must make the documents public -ZCCM IH Minority Shareholders

In recent developments surrounding the conversion of KMP dividends into royalty, concerns have been raised by minority shareholders of ZCCM-IH regarding hidden information and lack of transparency. The call for increased openness was echoed by the esteemed institution, Caritas,...

“Controversy Surrounds Milupi’s PPP Road Project as Bidders Cry Foul”

Milupi Accused of Breaching Tender Process in Ndola-Sakania-Mufulira-Mokambo Road PPP Upgrading Project Bidders who participated in the tender process for the Ndola-Sakania-Mufulira-Mokambo Road Public-Private Partnership (PPP) upgrading project have expressed shock after Minister of Infrastructure and Urban Development, Hon. Charles...

Teachers Celebrate Cabinet Approval of National Pension Scheme Bill.

The Zambian government has finally approved the National Pension Scheme (Amendment) Bill of 2023, to the excitement of teachers across the country. The bill will soon be published and introduced in Parliament, following Cabinet approval. Currently, the National Pension Scheme...

Corruption Alert; Fertiliser Tender, Procurement of Corruption in Motion

By Emmanuel Mwamba Last week, Government cancelled a public tender for the supply, delivery, warehousing and distribution of D-compound(basal) and Urea Fertiliser under the Farmer Input Support Programme (FISP). The tender was conducted under the Open National Bidding procurement...

Lessons to be learnt from Ghana’s Debt Stock after an IMF Deal

The CSO Debt Alliance says the rapid accumulation of debt that comes due to the improvements in credit ratings as investor confidence improves is one lesson Zambia can draw from Ghana’s experience on an Extended Credit Facility. The Alliance Coordinator...

With strengthened Kwacha, should Multi-Choice Reduce Subscription Fees

By David Chishimba I know my elder brother Thomas Sipalo is very passionate about this campaign, but I think it's very important to do some research before one starts or joins any campaign to ascertain whether the campaign is really...

Zambia under Hakainde Hichilema: welcome to the ‘homegrown’ dictatorship of the IMF and finance capital!

By Azwell Banda Satisfied that Hakainde Hichilema and his UPND friends in government mean business to carry Zambia forward towards complete loss of sovereignty from where Fredrick Jacob Titus Mpundu Chiluba failed, the IMF on the 31st of August finally...

Zambia’s Kwacha is the worlds best performer against the US dollar

Here's Zambia's secret to controlling inflation and strengthening its currency When he first came into office, almost a year ago, Zambia’s new president was ridiculed by skeptics who called him, “the calculator boy,” for his strong focus on the economy...
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Tragic Head-On Collision Claims Two Lives in Fiery Blaze

A head-on collision between two heavy trucks resulted in a fiery inferno that claimed the lives of two...
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