Economy
Hichilema pledges increased funding for research, innovation to boost economy
President Hakainde Hichilema has pledged greater investments in research and development to enhance Zambia’s economic standing. The President’s remarks came during the launch ...
Economy
ZEMA approves 116 projects worth $1.91 billion; energy, mining sectors lead
The Zambia Environmental Management Agency (ZEMA) has approved 116 out of 121 projects, representing a total investment of US$1.91 billion, with the mining ...
Economy
Czech Republic to invest €3 million annually in Zambia’s economy until 2030
The Czech Republic has committed to investing €3 million per year in Zambia’s economy from 2024 until 2030, focusing on sectors such as ...
Economy
PWC projects Zambia’s copper production will fall short of govt’s 2031 targets
Price Waterhouse Coopers (PWC) has projected that Zambia will only produce about 1.7 million metric tonnes of copper by 2031, falling short of ...
Economy
Bank of Zambia to phase out cheques by 2025, cites decline in usage, fraud concerns
The Bank of Zambia (BoZ) has announced plans to phase out cheques by December 31, 2025, following a significant decline in their usage ...
Economy
Govt targets K1 billion in unremitted non-tax revenue, sets October deadline
The Zambian government is intensifying efforts to recover more than K1 billion in unremitted non-tax revenue, as identified in the Auditor General’s report. ...
Economy
Rating agency, Moody’s, maintains stable economic outlook for Zambia despite alarming debt levels
Moody’s, the international credit ratings agency, has classified Zambia’s economic outlook as stable despite the country’s debt levels remaining alarmingly high, even after ...
Economy
Engineering body condemns illegal mining, calls for stricter enforcement of regulations
The Engineering Institution of Zambia (EIZ) has condemned the ongoing illegal and unregulated mining activities that continue to claim lives, citing recent fatal ...
Economy
Govt owes manufacturing sector K19 billion in VAT refunds, says association of manufacturers
The Zambian government owes the manufacturing sector K19 billion in Value Added Tax (VAT) refunds accumulated over the past three years, according to ...
Economy
ZDA reports $13.8 million generated from 2023 DRC trade mission
The Zambia Development Agency (ZDA) has announced that the 2023 trade mission to the Democratic Republic of Congo (DRC) generated US$13.80 million, with ...
