FINANCE Minister Dr Situmbeko Musokotwane says the rising food inflation and escalating cost of living have further deepened social economic disparities. And Economics Association of Zambia (EAZ) president Osward Mungule has urged government to reform... […]

IN A bid to safeguard financial stability and enhance the resilience of the financial sector in the wake of the 2023/24 drought, the Bank of Zambia (BOZ) has launched the Stability and Resilience Facility (SRF).... […]

THE Zambia Statistics Agency (ZamStats) has disclosed that the country’s Gross Domestic Product (GDP) estimates for the third quarter of 2024 show that the economy grew by only 2.5 percent, a reduction from the 5.7... […]

ZAMBIA and Saudi Arabia have signed a debt restructuring agreement encompassing over $100 million and an additional $35 million concessional loan for the construction of the King Salman Bin Abdulaziz Hospital. And Finance and National... […]

THE Tourism Council of Zambia (TCZ) has urged the Zambia Revenue Authority to ensure there are some exemptions on advance income tax on exports and remittances valued at $2,000 and above because it may unnecessarily... […]

NKANA Independent MP Binwell Mpundu says Finance Minister Situmbeko Musokotwane is not being sincere by suggesting that Zesco’s $80 million payment to Exim Bank of China was a normal transaction, when his Secretary to the... […]

THE Industrial Development Corporation (IDC) has disclosed that it plans of developing a US$1 billion project pipeline next year which will see 24 projects commissioned by 2033. IDC reveals that the projects will create 40,000... […]

ALLIANCE for Change (PAC) leader Andyford Banda has wondered whether those in government are scared of losing their jobs if they give a true reflection of the country’s economic performance. And Socialist Party National Youth... […]

GOVERNMENT says Zesco’s $80 million payment was made in full conformity of the agreement guiding the firm’s loan from Exim Bank of China for the construction of the Kafue Gorge Lower Power Station. Finance Minister... […]

MINISTRY of Mines Geological Survey director Gerald Mwila says government has so far spent US$6 million from the total of $98 million in the ongoing countrywide geological mapping survey. Making a presentation at the just... […]