THE Industrial Development Corporation (IDC), through the Industrial Resources Limited, has signed a strategic partnership with Mercuria Energy Trading SA aimed at establishing a vehicle to market and trade Zambian copper. In a speech read... […]

ZICA president Yande Mwenye says while Zambia is expected to record some growth in 2025, it probably won’t be as projected in the budget. Government has set an ambitious target of a 6.2 percent growth... […]

MARK O’Donnell says the business community is opposing Lusaka City Council’s 300 per cent property rate increase because there is a gap in the council’s service delivery. O’Donnell, a committee member of the Business Coalition... […]

THE Jesuit Centre for Theological Reflection (JCTR) says it has recorded a K440.31 increase in the cost of living for Lusaka families, as reflected in its December 2024 Basic Needs and Nutrition Basket (BNNB). In... […]

FINANCE Minister Situmbeko Musokotwane says the 2024 budget wouldn’t have been fully funded if Zambia didn’t receive the recent disbursement from the IMF. On Tuesday, the International Monetary Fund approved the fourth review of Zambia’s... […]

MINISTRY of Local Government and Rural Development Permanent Secretary for Administration Maambo Hamaundu says the Lusaka City Council has not increased property rates by 300 percent but has merely proposed it. He adds that people... […]

THE International Monetary Fund (IMF) has approved the fourth review of Zambia’s 38-month Extended Credit Facility (ECF) arrangement, triggering an immediate disbursement of US$184 million (K5.1 billion). And IMF Resident Representative in Zambia Eric Lautier... […]

ZESCO says it has been awarded over US$4.9 million by the Court of Appeal in a case involving a contractor, Liaoning EFACEC Electrical Equipment Co JV China National Electrical Design and Research Institute, and its... […]

INDUSTRIAL Development Corporation (IDC) Chief Executive Officer Cornwell Muleya has expressed sadness that the country continues to import furniture despite its tree endowment. Muleya has disclosed that as part of its strategy, the IDC is... […]

MINISTRY of Mines and Minerals Development Permanent Secretary Hapenga Kabeta says issues surrounding the local hosting and management of the Cadastre software have been resolved. In July, Dr Kabeta questioned the motivation behind social media... […]