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...

THE National Assembly has approved the K11.8 billion supplementary budget. But Chilubi PF MP Mulenga Fube wondered why the “methodical” government has presented two supplementary budgets in 2024. This is the second supplementary budget being...

ACTING Zesco Managing Director Justin Loongo says the power utility is now sitting at 148 megawatts of exports. Speaking during the 2024 European Union Zambia Business club, Thursday, Loongo said the 148 megawatts of exports...

THE Bank of Zambia (BoZ) October 2024 Financial Stability Report indicates that the drought-induced electricity supply deficit has dragged down economic activity, compounded price pressures and raised risks to financial stability. The Central Bank reports...

ZESCO Limited says it has indefinitely lost power imports of up to 300 megawatts from EDM of Mozambique after an unforeseen shutdown of power generating facilities in that country. In a statement, Sunday, Zesco Corporate...

THE Zambia Revenue Authority has disclosed that it has secured another successful conviction and recovery of lost revenue amounting to over K1.3 million. In a statement, Friday, ZRA Corporate Communications Manager Oliver Nzala said Ding...

SECRETARY to the Treasury Felix Nkulukusa says most of the resources in the proposed K11.8 billion supplementary budget will go towards debt servicing. On Tuesday, Acting Finance Minister Felix Mutati proposed a K11.8 billion supplementary...

THE Zambia Revenue Authority (ZRA) says it has impounded an Armaguard vehicle used for smuggling boxes of cigarettes from Kazungula into Livingstone before transportation to Lusaka. And the authority has since warned individuals, companies and...

ZESCO says its diesel-powered energy solution will continue to play a crucial role long after the power crisis subsides. And the corporation has expressed its commitment to ensuring that alternative power supply solutions are continuously...