Finance Minister Dr Bwalya Ng’andu has estimated that Zambia’s budgeted revenue will fall short of target by at least K14.8 billion, which is 19.7 per cent of the approved 2020 budget. And Ng’andu says Zambia’s […]

PRESIDENT Edgar Lungu has wished British Prime Minister Boris Johnson a speedy recovery after he was diagnosed with COVID-19 and admitted to the Intensive Care Unit (ICU) of St. Thomas’ Hospital, London. In a statement […]

GOVERNMENT’s Tripartite Agreement between the Food Reserve Agency (FRA) and selected millers to reduce mealie meal prices has failed to yield the desired results, says the Indaba Agricultural Policy Research Institute (IAPRI). And IAPRI says […]

ABSA Bank Zambia Plc has re-opened its Centro Mall Branch in Kabulonga following approval received from the Ministry of Health after it earlier closed the outlet as a precautionary measure in response to possible Coronavirus […]

THE kwacha’s sharp depreciation against major convertible currencies is likely to continue due to Zambia’s weak economic productivity, compounded by diminishing dollar supply, says financial market analyst Maambo Hamaundu. According to market players, the kwacha […]

COPPERBELT Energy Corporation (CEC) Plc says it remains totally committed to continue providing seamless power supply services to all its customers on the Copperbelt, while the pending the Bulk Supply Agreement (BSA) with Zesco Limited […]

THE World Bank has warned that a “major economic recession” will follow in the aftermath of the deadly COVID-19 outbreak. And the World Bank Group and IFC have approved an unprecedented US $14 billion aid […]

PRESIDENT Edgar Lungu is this morning expected to address the nation on the deadly Coronavirus pandemic. According to a statement released by President Lungu’s Special Assistant for Press and Public Relations Isaac Chipapme, the Head […]

MULTICHOICE Zambia has hiked its DStv Box Office rental fees to K30 per movie from K19.50, effective April 15, 2020, triggered by the company’s desire to enable it keep delivering top-quality value-added service. According to […]

SOUTH African Airways (SAA) has scaled down capacity and grounded 162 flights in response to the low demand for air travel, triggered by the Coronavirus outbreak that has engulfed the globe. The effects of the […]