POLICE say during this year’s New Year holiday, the country recorded 262 Road Traffic Accidents (RTAs) in which 16 persons were killed. In a statement, Tuesday, Police spokesperson Rae Hamoonga stated that Lusaka Province recorded... […]

FINANCE Minister Situmbeko Musokotwane says the country can’t just rely on IMF and World Bank loans and grants but also needs to do something to increase foreign exchange, which the new dawn is doing through... […]

GOVERNMENT has disclosed that a Canadian company, Convergence Fund, has offered to give the Zambia Industrial Commercial Bank (ZICB) $50 million for onward lending to SMEs doing green initiatives. Ministry of Green Economy and Environment Permanent... […]

OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says it was expected that the Energy Regulation Board would maintain the fuel prices for January 2024. And Dr Mubanga has urged government to... […]

GOVERNMENT has justified that the upward adjustment in toll fees for heavy good vehicles is necessary for it to implement a very ambitious programme to rehabilitate all major trunk, district, township and feeder roads. In... […]

THE Energy Regulation Board (ERB) has maintained the fuel pump prices for January at K29.98 for petrol, K29.96 for diesel, K29.29 for Jet A1 and K20.44 for kerosene. And ERB has announced that it has... […]

ZESCO Limited has announced that it has successfully connected Lundazi and Chama Districts of Eastern Province to the national grid, for the first time since Zambia’s independence. The power utility company says the project has... […]

THE annual inflation rate for December 2023 has increased to 13.1 percent from the 12.9 percent recorded in November 2023. And the Zambia Statistics Agency (ZamStats) has revealed that between November 2023 and December 2023,... […]

ECONOMIST Trevor Hambayi has projected an increase in the inflation rate for the month of December by at least one percent. And Hambayi says the US$187 million that Zambia is receiving from the IMF will... […]

MINISTRY of Local Government and Rural Development Permanent Secretary for Technical Services Nicholas Phiri says government projects to carryover some funds from the 2023 CDF allocation into 2024. Phiri has however expressed hope that by... […]