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Business
10 Jun 2024
|
Mwiche Nalwimba
We released K14.4bn in May – MoF
GOVERNMENT says it released K14.4 billion in May 2024 to finance public service delivery of which K1 billion was for transfers, subsidies and social benefits, among others. And government says K7.3 billion was spent on... […]
9 Jun 2024
|
Philip Chisalu
We’ll invest $300m in Mingomba project by end of 2025 – Kobold
BY the end of 2025, we would have spent $300 million in discovery, resource characterisation, engineering studies, and preparing for shaft sinking in the first half of 2026 at Mingomba Mine, says Kobold Metals Africa... […]
7 Jun 2024
|
Barnabas Zulu
We’ve recorded a maize deficit of 1.3m metric tonnes – govt
ZAMBIA has produced 1,511,143 metric tonnes of maize during the 2023/24 farming season, less than the 3,261,686 metric tonnes produced in the previous season, the crop forecasting survey results have revealed. Minister of Agriculture Mtolo... […]
7 Jun 2024
|
Mazombwe Banda
$388m IMF debt a trap for Zambia – Haabazoka
ECONOMIST Dr Lubinda Haabazoka says it is a trap for government to move from Eurobond holders and Chinese debt to jumping on IMF debt of US$388 million. Recently, government announced that it had reached a... […]
7 Jun 2024
|
Ulande Nkomesha
Zambia needs 10m new jobs by 2050 to keep employment rates from declining – World Bank
THE World Bank says based on Zambia’s population growth, the country needs to create over 10 million new jobs by 2050 to keep its employment rates from declining. Speaking during the launch of “Zambia Country... […]
6 Jun 2024
|
Mazombwe Banda
Growth of private sector is cardinal to Zambia’s prosperity – Musokotwane
MINISTER of Finance and National Planning Dr Situmbeko Musokotwane says the growth and ability of the private sector to capitalise on upcoming investment opportunities are cardinal to Zambia’s prosperity. And Dr Musokotwane says energy deficit... […]
6 Jun 2024
|
Philip Chisalu
I also want to know where the $120m injected into ZRL went – Mukanga
YAMFWA Mukanga says he also wants to know the whereabouts of the $120 million Eurobond that was injected into Zambia Railways (ZRL) when he served as minister of transport, works, supply and communication. Recently, former... […]
6 Jun 2024
|
Barnabas Zulu
ERB refutes claims of fuel shortage in Livingstone
THE Energy Regulation Board (ERB) has refuted claims that there is a fuel shortage in Livingstone. In a statement, Wednesday, ERB Public Relations Manager, Namukolo Kasumpa said Southern Province was well stocked with fuel, contrary... […]
6 Jun 2024
|
Precious Daka
NRFA debt portfolio stands at K15bn – Nkoma
NRFA Board Chairperson Noel Nkoma has disclosed that the agency’s debt portfolio stands at K15 billion. Nkoma says the National Road Fund Agency accrued this debt mostly through contracts awarded to Patriotic Front cadres during... […]
5 Jun 2024
|
Philip Chisalu
Zambia to receive $388m from IMF’s ECF 3rd disbursement
GOVERNMENT has announced that it has reached a Staff-Level-Agreement on economic policies and reforms following the successful third review of the Extended Credit Facility (ECF) Programme which will see the country receive $388 million. Finance... […]
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Jay Jay narrates abduction ordeal: “They had guns, squeezed my testicles and threatened to castrate me”
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Lungu’s full address: Zambia records 12 COVID-19 cases as lock down looms
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Zambia investigating 3 suspected coronavirus cases – ZNPHI
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Zambian student chased from Chinese University over suspected COVID-19
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HH planning to remove Lungu’s immunity – Nakacinda
Muchende signs consent agreement to end his defamation claim against O’Brien Kaaba
Even if UPND hired 24 sangomas, they wouldn’t win the 2026 polls – PF
Property worth K324,000 was stolen at agricultural show – Police
We’ve launched manhunt for fugitive Jay Jay, he escaped through hospital window – Mwiimbu
Don’t remain silent in the face of injustice, corruption, Archbishop Banda advises new priests
Mushipe to get K2.1m following consent agreement
It’ll be hard to contain cost of living due to unpredictable energy availability – CTPD
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