BANK of Zambia Governor Denny Kalyalya says the Central Bank is not seeking a full-scale de-dollarisation, but wants to minimise the use of the dollar as a medium of exchange in the country. Dr Kalyalya... […]

GOVERNMENT says it projects to spend K209.3 billion on debt service payments between 2025 and 2027. According to the 2025-2027 Medium Term Budget Plan Green Paper, the debt service payments projection includes an allocation for... […]

ZCCM-IH has announced that the Industrial Development Corporation (IDC) has withdrawn the appointment of Moses Nyirenda as Non-Executive Director on the ZCCM-IH Board. According to a statement issued by ZCCM-IH Company Secretary Charles Mjumphi, Nyirenda’s... […]

THE Crushers and Edible Oil Refiners Association (CEDORA) has called on government to lift the suspension on the exportation of soya cake due to reduced local demand that has resulted in some major factories halting... […]

THE 2025-2027 Medium Term Budget Plan Green Paper has revealed that from January to May 2024, total revenues and grants collected amounted to K62.46 billion, surpassing the budget target of K60.61 billion by 3.1 percent.... […]

THE 2025-2027 Medium Term Budget plan has revealed that the country’s domestic economic growth in 2024 is expected to significantly decline to 2.3 percent from 5.4 percent recorded in 2023. According to the Green Paper... […]

FORMER Energy Minister Peter Kapala says the country has clawed back a total of 260 megawatts from the 530 megawatts on export market. Recently, information emerged that during the first quarter of 2024, Botswana experienced... […]

MINES and Minerals Development Minister Paul Kabuswe says Vedanta Resources Holdings Limited has released $245.75 million which will be paid to KCM’s contractors and suppliers. And Kabuswe says government now has 30 percent shares in... […]

THE Energy Regulation Board (ERB) has approved 34 licence applications and five construction permits in the renewable energy and petroleum sub sectors. In a statement, ERB Public Relations Manager Namukolo Kasumpa said the approved licences... […]

FORMER Transparency International Zambia (TI-Z) Chapter president Sampa Kalungu is calling for the involvement of private players in auditing drought support funds from donors. Recently, Vice-President Mutale Nalumango said all drought support funds from donors... […]