Economy
Government owes $375 million as interest accruing on fuel procured on credit, Energy minister, Chikote says
Zambia’s fuel procurement debt has accumulated to US$375 million in interest over the years, according to Energy Minister, Makozo Chikote. At the time ...
Economy
SADC, COMESA regional leaders reaffirm support for Maimbo’s candidacy ahead of AfDB presidential elections
The Southern African Development Community (SADC) and the Common Market for Eastern and Southern Africa (COMESA) have officially endorsed Zambia’s Samuel Munzele Maimbo ...
Economy
Zambia, Malawi in knowledge exchange, discuss mining agreement strategies
A Malawian delegation has engaged the Zambian government on strategies for negotiating mining agreements and establishing special-purpose vehicles with foreign investors. According to ...
Economy
Shuka Minerals reportedly makes progress with planned acquisition of Kabwe Zinc mine
UK-based Shuka Minerals is reportedly progressing with the acquisition and redevelopment of Zambia’s Kabwe Zinc Mine, with a new board in place to ...
Economy
NAPSA reportedly pays K10 billion in pre-retirement benefits since 2023
The National Pension Scheme Authority (NAPSA) has reportedly paid K10 billion in pre-retirement benefits to 477,040 beneficiaries since 2023, according to authorities. Ministry ...
Economy
Zambians brace for new banknotes, as ex-president Lungu’s daughter, Tasila, arrested. See our top 10 stories of the week
In case you missed them, here are some of the top 10 stories of the week. 1. The Bank of Zambia (BoZ) has ...
Economy
Tony Elumelu Foundation, UAE’s Khalifa Bin Zayed Al Nahyan Foundation reportedly sign $6 million entrepreneurship deal
The Tony Elumelu Foundation (TEF) has reportedly signed a US$6 million strategic partnership with the UAE’s Office of Development Affairs and the Khalifa ...
Economy
Govt launches electricity initiative, vows crackdown on alleged cartels frustrating investments in energy sector
The Zambian government has officially launched the Electricity Open Access framework, pledging to dismantle perceived cartels and cut bureaucratic delays in the issuance ...
Economy
ZiCA raises concerns over smart invoicing system challenges
The Zambia Institute of Chartered Accountants (ZiCA) has reported multiple complaints from its members regarding operational challenges associated with the Zambia Revenue Authority’s ...
Economy
New currency series will not lead to Kwacha devaluation —Finance minister
Finance and National Planning Minister, Situmbeko Musokotwane, has assured that the introduction of a new currency series will not impact the value or ...
