The annual rate of inflation has shot up to 7.8 per cent, up from 7.4 per cent recorded in April, according to Central Statistical Office data. Announcing Zambia’s annual rate of inflation for the month

ZCCM-IH posted a profit after tax of K729 million during its financial year ending March 31, 2017, from incurring losses of nearly K3 billion in the previous corresponding period. And ZCCM-IH have expressed optimism in

Zambia’s gross international reserves have fallen below US$2 billion for the first time in over a year, triggered by the need to finance the country’s widening current account deficit, Bank of Zambia data reveals. According

Secretary to the Cabinet Roland Msiska has asked cooperating partners to help Zambia create a solid 2019 budget plan. And Dr Msiska says anyone who thinks they can predict contingencies in a budget are either

The Electronic Voucher lacks transparency in the selection of agro-dealers as some of them have been conniving to benefit from some farmers’ e-cards, says Party of National Unity president Highvie Hamududu. And Hamududu, the former

Economist Dr Lubinda Habazoka has urged government to step it’s foot in the mining industry to ensure that it exploits meaningful revenue from the sale of copper. And Dr Habazoka says those who privatised companies

The United States Agency for International Development says there is chance that the percentage of Gross Domestic Product GDP afforded by Information and Communications Technologies ICT’s will outweigh that which is afforded by agriculture and

Radisson Hotel Group have announced that Park Inn, a new hotel, will be opening in Lusaka by 2020 to meet growing tourism demand in Zambia. In a statement, the group announced that Park Inn, the

ZCCM-IH Plc has increased its shareholding in Investrust Bank Plc from 45.4 per cent to 71.4 per cent, becoming the majority shareholder following acceptance of the mandatory offer from the bank’s minority shareholders. According to

British High Commissioner to Zambia Fergus Cochrane-Dyet says UK investors’ number one concern is the country’s public debt situation. According to brief remarks posted on the British envoy’s Twitter feed, High Commissioner Cochrane-Dyet stated that