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 Zambezi River Authority (ZRA) has announced that it has allocated 16 Billion Cubic Metres of water to be shared equally between Zesco and Kariba Hydro Power Company for power generation in 2024. And the...

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,...

Energy Regulation Board (ERB) Director General Engineer Yohane Mukabe says the board is considering extending the fuel price review period from the current one month to three months. Mukabe also says government has planned to...

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...

ENERGY Expert Johnstone Chikwanda says with investor issues around Mopani and KCM resolved, the country should expect improved production and dollar inflow which will ultimately contribute to stabilising the Kwacha. And Dr Chikwanda has advised...

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...

ECONOMIST Noel Nkhoma says the support the country is receiving from the World Bank and other multilateral financing institutions confirms the credibility of the new dawn administration. But Nkhoma says the country should not always...

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government has not made any tangible progress yet on its plans to establish a new Development Financial Institution. In July this year, the Bank of Zambia...

MINEWORKERS Union of Zambia (MUZ) president Joseph Chewe has hailed Cabinet for approving the introduction of regulations for preferential treatment of local suppliers of goods and services in the mining sector. In an interview, Sunday,...