Zambia Airports Corporation Limited (ZACL) has recorded a 38.4 per cent increase in domestic passenger movements in the first quarter of 2018, triggered by reduced air fares and new flight routes, among others. According to […]

An African Confidential report has revealed that President Edgar Lungu personally signed a sovereign guarantee for a South African company called Stag Africa to raise US$500 million on behalf of Zesco, when the utility company […]

Investrust Bank Plc has failed to meet the minimum capital requirement despite having raised over K100 million over a year ago that was meant to recapitalize the bank. According to a statement of its final […]

Lusaka remains the most expensive city for a family of five as the cost of living in the capital city is still way above K5,000, according to the Jesuit Centre of Theological Reflection. In a […]

Inflation is likely to shoot up in the short-term, but will remain range bound, says Bank of Zambia governor Dr Denny Kalyalya. And Dr Kalyalya says local commercial banks are having challenges in meeting the […]

The Bank of Zambia has maintained the same Monetary Policy Rate and Statutory Reserve Ratio again in a bid to induce lower interest rates and revive economic growth. Speaking during a media briefing in Lusaka […]

Government has signed commercial agreements with two Israeli Companies TAHAR ZRB and Green 2000 in the Agricultural sector. Agriculture Minister Micheal Katambo said the financing agreement which will be finalized next week will allow the […]

Grain traders have urged government to maintain Zambia’s open-border policy to ensure the country still remains competitive regionally, especially in in view of reduced maize output this year. And the Grain Traders’ Association of Zambia […]

Economist Chibamba Kanyama says government should embark on a turnaround strategy for Times of Zambia Printpak to reduce the payroll and encourage a much more independent editorial policy instead of liquidating the newspaper. In February […]

Retail prices of mealie-meal in Lusaka have jumped by an average K10.00 in some outlets, registering an eight-month record high of K80 per 25Kg breakfast bag. And the Millers Association of Zambia (MAZ) says prices […]