Business

Much of Zambia’s borrowing ends up in the financing of corrupt deals, says United Nations Independence Party (UNIP) president Tilyenji Kaunda. But Kaunda says there should be no limit to borrowing as long as the […]

Agriculture Minister Dora Siliya says farmers who stored their maize will sell their produce for a good deal in December and January when prices swell. Speaking when she featured on ZNBC’s Sunday Interview, Siliya however, […]

The Consumer Unity and Trust Society says the depreciation of Zambia’s currency to K10 against the major convertible currency will make it more expensive for the country to service debts accumulated in dollars. CUTS Center […]

Finance minister Felix Mutati says government will compensate LapGreen Network in compliance with the High Court order following a consent judgment between the Libyan firm and the Zambian government. And government has announced the sale […]

President Edgar Lungu says the surplus grain and depressed maize prices on the local market are major challenges in the agricultural sector. Speaking when he officially opened the 112th ZNFU annual congress yesterday, President Lungu […]

The Zambia Council for Social Development says it is unfortunate that the Food Reserve Agency has not yet paid all farmers despite buying their maize at a low price. In an interview, ZCSD executive director […]

The Ministry of Finance has released K115 million to the Food Reserve Agency (FRA) to facilitate the settlement of some dues in the reserve food purchasing chain. In a statement today, Ministry of Finance public […]

Economist Dr Lubinda Haabazoka says Zambia’s income taxes are too high for a country that calls itself pro poor. In a statement yesterday, Dr Haabazoka, who is also a lecturer, asked government to feel for […]

The International Monetary Fund (IMF) has appointed Dr Boileau Loko as the New IMF Mission Chief for Zambia, replacing Tchidi Tsikata. This is according to a statement released by Ministry of Finance spokesperson Chileshe Kandeta. […]

ActionAid Zambia Country Director Nalucha Nganga says government’s decision to review fuel prices every 60 days denotes instability in the country’s economy. In an interview, Nganga observed that frequent price adjustments affected people’s planning. “We […]