CZECH Republic Deputy Prime Minister of Health Dr Vlastimi Valek says his country would like to release 60 million euros in support of Zambia’s health care related projects. And President Hakainde Hichilema has invited Czech...

MINISTRY of Energy Permanent Secretary Peter Mumba says preparations are underway for the commissioning of the state of the art fuel storage depot in Lusaka West. Mumba says the Lusaka West depot boasts a total...

ZAMBIA Association of Manufacturers (ZAM) president Ashu Sagar says the sudden appreciation of the Kwacha will only trickle down to the cost of goods if there is stability. He says with long-term stability in the...

THE Centre for Trade Policy and Development (CTPD) says while Zambia’s US$335 million restructuring deal with India’s EXIM Bank is commendable, it is concerned about the protracted pace of the restructuring process. CTPD says the...

FOOD Reserve Agency Board Chairperson Suresh Desai has disclosed that the country has received 180,000 metric tonnes out of the 195,000 metric tonnes of maize purchased by government in Tanzania. Meanwhile, Desai says the agency...

FINANCE and National Planning Minister Dr Situmbeko Musokotwane has warned that there will be swift consequences for perpetrators involved in financial and supply mismanagement. Meanwhile, the Ministry of Finance says it released K23.5 billion to...

ECONOMIST Lubinda Haabazoka says the $335 million debt restructuring deal Zambia has clinched with EXIM Bank of India is a step in the right direction. Haabazoka says the deal may encourage other major creditors such...

THE Zambia National Farmers Union (ZNFU) has called upon the Food Reserve Agency (FRA) to immediately announce the FRA floor price. ZNFU president Jervis Zimba says the agency should also ensure that the price is...

AFTER months of volatility, the Kwacha has recorded notable gains. During the first quarter of the year, the local currency steadily depreciated, nearly hitting K29 to the dollar. However, according to Zanaco’s Indicative Forex Rates...

ZAMBIA and EXIM Bank of India have signed a bilateral agreement to restructure Zambia’s debt totaling $335 million. Speaking after signing of the agreements, Wednesday, Finance and National Planning Minister Dr Situmbeko Musokotwane said the...