Western Province has the highest unemployment in the country recorded at 67.4 per cent, according to Central Statistical Office data. According to CSO data obtained from its 2017 Labour Force Survey (LFS), Western Province has […]

Zambia risks defaulting on its debt repayments because the country has no significant repayment mechanism to do so, says the Centre for Trade Policy and Development. And the Centre for Trade Policy and Development (CTPD) […]

ZANACO Plc says it has set up a credit guarantee scheme that will lower interest rates on credit facilities for SMEs from next month. Speaking following the launch of the bank’s refreshed brand, Zanaco Managing […]

The Zambia Revenue Authority (ZRA) has destroyed 696 bricks of cigarettes which were smuggled into the country. And ZRA has donated donated 133 cases of sugar and 10 cases of cooking worth over K35,000 to […]

The annual rate of inflation has marginally increased to 7.4 per cent, up from 7.1 per cent recorded in March, according to Central Statistical Office data. Announcing Zambia’s annual rate of inflation for the month […]

Minister of National Development Planning Alexander Chiteme says the Zambian delegation to the 2018 Spring Meetings held fruitful meetings with the World Bank and the International Monetary Fund (IMF), focusing on the country’s development. According […]

Tax exemptions given to companies in African countries are damaging for host countries, says globally-renowned Norwegian tax expert Professor Odd-Helge Fjeldstad. And Prof Fjeldstad says tax exemptions are not effective at attracting Foreign Direct Investment […]

The Economics Association of Zambia has warned that government’s failure to adequately prepare for repayment of the three Eurobonds will have devastating consequences for the country’s economy when they mature. And EAZ president Dr Chrispin […]

The Tobacco Board of Zambia has projected to sell over 26 million kilograms of Tobacco this marketing season; from April 2018 to September 30, 2018. In a statement, Monday, TBZ executive director James Kasongo stated […]

Movement for Multi-party Democracy (MMD) president Nevers Mumba says the International Monetary Fund (IMF) will not change its mind on Zambia’s request for a bailout package because the country has continued accruing more debt. And […]