SECRETARY to the Treasury, Felix Nkulukusa, says Zesco did not erroneously pay Exim Bank of China US$80 million, as has been suggested by social media reports. However, Nkulukusa has revealed that Zesco did not consult... […]

THE African Development Bank Group has approved a $108 million loan to Zambia for an initiative aimed at strengthening the country’s economic governance and implementing reforms in key public sectors. According to a statement shared... […]

THE Business Coalition Taskforce (BCT) has condemned the gazetted proposal by Lusaka City Council and other councils to impose a 300 percent increase in the Main Valuation Roll on property leaseholders. The taskforce has urged... […]

THE Bank of Zambia has cancelled the licence of FX Africa Bureau De Change Limited. BoZ Communications Assistant Director Besnat Mwanza said the licence was canceled due to the bureau’s failure to comply with the... […]

ENGINEERING Institute of Zambia president Wesley Kaluba has wondered whether rain will come as expected, indicating that the traditional practice of relying on annual rainfall for cultivation is no longer tenable. Eng Kaluba has since... […]

ZAMBIA is set to host the launch of the Mine Tech Hub today at the National Institute for Scientific and Industrial Research in Lusaka, an initiative that seeks to address challenges faced by African mining... […]

WHEN we hear lives are lost, the individuals who lose their lives are not part of the facilitators for illegal mining, so there is need for people to accept the concept of forming mining cooperatives,... […]

THE Ministry of Finance and National Planning has disclosed that in November 2024, it released K15.7 billion to finance developmental programmes and public service delivery, with K4.1 billion allocated to debt service. According to a... […]

ZAMBIA Institute for Policy Analysis and Research (ZIPAR) Interim Executive Director Zali Chikuba says people should pray for proper rainfall, otherwise a lot things will be affected. Chikuba says there’s a risk of failing to... […]

THE Bank of Zambia’s October 2024 Financial Stability Report has revealed that slow economic activity led to an increase in individuals and households accessing loans from banks. The report states that household debt, measured by... […]