An International Monetary Fund (IMF) team is expected in the country to meet with the Zambian government next month and resume discussions on the country’s deteriorating economy, according to high-level World Bank official. Speaking when

Agriculture Minister Michael Katambo says the Food Reserve Agency (FRA) has failed to purchase the targeted 500,000 metric tonnes of maize because farmers have opted to sell their produce to alternative buyers who are offering

World Bank Group lead financial specialist Luz Maria Salamina has cited lack of financial literacy across the country as one major hindrance to sustainable economic growth. In an interview, Salamina said Small and Medium Enterprises

Government’s tax change proposals as contained in the 2019 national budget will dampen prospects of attracting much-needed investment in mineral exploration, says the Association of Zambian Mineral Exploration Companies (AZMEC). Reacting to the 2019 budget,

MTN Zambia has announced the launch of an additional new range of numbers and expanded its existing subscriber base aimed at allowing different customers to join the network. The new number range will go under

British American Tobacco (BAT) has completed the construction of US $25 million cigarette manufacturing plant at Lusaka’s South Multi-Facility Economic Zone, which will increase and localize its brand portfolio in Zambia. BAT Zambia managing director

Economist Chibamba Kanyama says government needs to take a very serious approach to embark on unfettered fiscal consolidation following Fitch Ratings’ credit downgrading of Zambia’s economy to ‘B -‘ from ‘B’. Fitch Ratings downgraded Zambia’s

The kwacha marginally depreciated against major currency convertibles to remain above the K12 per dollar barrier, while maintaining strong volatility following Zambia’s credit rating downgrade. And market players say the local currency’s trading has been

Transport and Communications Minister Brian Mushimba says that the date for the launch of the much-hyped national airline had been extended to early next year, to allow for the certification and registration processes to be

Small-Scale Farmers’ Development Agency (SAFADA) says government’s hesitation to commence distribution farming inputs to farmers implies that the agricultural sector is neglected and not considered as important. Despite Minister of Agriculture Michael Katambo having told