Economy
World Bank endorses five-year framework for Zambia’s private sector-led growth
The World Bank has approved a new five-year Country Partnership Framework (CPF) to support Zambia’s sustainable private sector-led economic growth, climate resilience and ...
Economy
ERB blames worsening fuel shortages on bottlenecks at the borders, cautions against panic buying
The Energy Regulation Board (ERB) has attributed the ongoing fuel shortages across the country to cross-border and logistical challenges. In a statement released ...
Economy
Development Finance Corporation pledges $40 million to GreenCo for renewable energy in Zambia, others
The U.S. International Development Finance Corporation (DFC) has committed a US$40 million facility to GreenCo, aimed at accelerating renewable energy investment in Zambia, ...
Economy
Kitwe grinds to a halt as petrol shortage worsens
A petrol shortage has hit Kitwe, leaving motorists searching for fuel across the mining town without success. By 16:00 hours on Tuesday, long ...
Economy
Zambia needs data-driven approach to address climate vulnerabilities, says minister Mposha
Zambia must gather empirical data to understand its vulnerabilities and better prepare for the climate challenges the country is facing, authorities have emphasised. ...
Economy
Auditor-General’s report reveals reduction in financial irregularities, unauthorized salary payments
The latest Auditor-General’s presentation on the accounts for the financial year ending December 31, 2023, reportedly shows a significant reduction in financial irregularities, ...
Economy
Kenyan executives charged in US court over $100 million carbon credit fraud involving African projects
Two senior executives of Kenya’s CQC Impact Investors, Kenneth Newcombe and Tridip Goswami, have been charged in a United State (US) court for ...
Economy
ZESCO hinges improved power supply on higher tariffs, aims to import 300 megawatts of electricity monthly
ZESCO has assured customers of a stable seven-hour power supply, conditional on the approval of its emergency tariff adjustment by the Energy Regulation ...
Economy
World Bank reiterates need for Zambia to tackle policy, regulatory uncertainty to boost economic growth
The World Bank has urged the Zambian government to address ongoing policy and regulatory uncertainty in order to attract more private capital and ...
Economy
Group raises the alarm over land grabs, environmental degradation by mineral-seeking entities
Care for Nature Zambia (CNZ) has expressed concern over the rising vulnerability of communities to land grabs, environmental degradation and water pollution, driven ...
