Economy
World Bank secures $24 billion to boost development in member countries
The World Bank has raised US$24 billion in donor contributions through the 21st replenishment of its International Development Association (IDA), targeting developmental support ...
Economy
Tourism Council of Zambia opposes proposed split of Tourism Act into three bills
The Tourism Council of Zambia (TCZ) has expressed concern over government’s plan to amend the Tourism Act by dividing it into three separate ...
Economy
Zambia waives taxes on electric vehicles to boost adoption, drive green economy
The Zambian government has removed all taxes, except Value Added Tax (VAT), on Electric Vehicles (EVs) to encourage their adoption, with VAT also ...
Economy
UN warns Africa against becoming dumping ground for used diesel vehicles
The United Nations Economic Commission for Africa (ECA) has warned that Africa risks becoming a dumping ground for second-hand diesel vehicles if it ...
Economy
Research institute projects Zambia’s economy to rebound in 2025 on the back of possible favourable weather patterns
The Zambia Institute for Policy Analysis and Research (ZIPAR) has expressed hope that Zambia’s economy will rebound in 2025, with favorable weather patterns ...
Economy
Against net outflow in 2022, Zambia records $658.1 million net inflow in private sector foreign liabilities in 2023
Zambia experienced a remarkable turnaround in 2023, recording a net inflow of US$658.1 million in private sector foreign liabilities, marking a significant shift ...
Economy
Debt servicing gulps K4.1 billion of K15.7 billion disbursed for public service delivery in November
The Ministry of Finance and National Planning has disbursed K15.7 billion for the month of November, aimed at supporting developmental programmes and enhancing ...
Economy
Too early to call dry spells a drought —Green Economy minister, Mposha
Minister of Green Economy and Environment, Mike Mposha, has assured the nation that it was too early to declare the dry spells currently ...
Economy
Five illegal miners confirmed killed in Ivungu Copper Mine collapse, two survive; others unaccounted for
Five miners have died following the collapse of the Silgram Copper Mines in Nangoma Constituency, according to area Member of Parliament, Collins Nzovu. ...
Economy
Zambia joins OECD Development Centre as 56th member to drive reforms, shape public policy
Zambia has officially joined the Organisation for Economic Cooperation and Development (OECD) Development Centre, becoming its 56th member in a significant step toward ...
