The World Bank has picked Zambia to become one of the pilot locations for the human capital project, an initiative aimed at scaling-up access to quality education, health, and skills development. In a statement availed by Ministry of Finance spokesperson Chileshe Kandeta, Thursday, this came to light when the Zambian delegation held an information exchange...

The kwacha depreciated sharply against major currency convertibles to sink to at least K12.41 per dollar after the World Bank’s depressed real GDP growth forecast put Zambia at 3.3 per cent this year. According to financial market players, the kwacha has maintained a weak position, depreciating to hit K12.41 per dollar, a six-month high, further...

Chief Mulekatembo of the Nyika people and 15 members of his royal establishment have sued chief Mwene Chifungwe of the Fungwe people in the Lusaka High Court seeking a declaration that the latter is not a traditional leader of the Nyika people and should therefore not involve himself in any affairs of the chiefdom. The...

CEC Africa, a subsidiary of the Zambia Energy Corporation Limited (ZECL), has posted losses after tax of over K3 billion during its financial year ending December 31, 2018, triggered by non-cost reflective tariffs sustained in its Nigerian market. In a statement highlighting its financial results for the year ending December 31, 2018, CEC Africa, a...

Intercity Bus Terminus PF 'commander' Francis Muchemwa alias “America 2” has denied allegations that ruling party supporters have taken over the running of markets and bus stations, saying they only charge for helping to load passengers and cargo. Speaking when called-in to Hot FM’s Red Hot Breakfast Show, Thursday, Muchemwa explained how he and other...

Police in Luanshya have summoned NDC leader Chishimba Kambwili to appear for questioning today. Police delivered a call out to one of Kambwili's lawyers Caristo Mukonka. The subject of questioning is not yet known. More details later.

Some PF cadres have issued death threats against NDC leader Chishimba Kambwili. In a video shared with News Diggers, the PF youths, whom Kambwili says are from Lusaka’s Intercity Branch, insulted the former Roan PF member of parliament, his mother, and also threatened to kill him. “Chishimba Kambwili sata***ko , ba noko chi**o, twala kuipaya...

It has now become much harder to steal public funds in Zambia, says Finance Minister Margaret Mwanakatwe. And Mwanakatwe says she is not worried about Zambia’s declining international gross reserves because mitigating measures are being put in place to bolster the reserves. Speaking to Bloomberg TV in Washington D.C., Friday, Mwanakatwe told the network that...