Economy
Zambia risks famine, as World Bank projects 73 million in East, Southern Africa to face food insecurity
The World Bank’s latest Food Security Update reveals that an estimated 73 million people in East and Southern Africa are projected to ...
Economy
KCM exits liquidation, as court terminates proceedings, reinstates board
Konkola Copper Mines (KCM) is no longer in liquidation following the termination of proceedings initiated by ZCCM-IH in the Lusaka High Court. Receiver ...
Economy
Zambia secures $458 million MCC compact deal to boost agro-business
The Millennium Challenge Corporation (MCC) has awarded Zambia a compact of US$458 million, following more than US$377 million in previous grant funding. MCC ...
Economy
Govt says load-shedding to last till December, blames electricity misuse for worsening power cuts
The government has attributed ZESCO Limited’s power rationing outside planned schedules to the misuse of electricity by consumers. Energy Minister, Makozo Chikote, urged ...
Economy
ZANACO Bank launches new product to promote renewable energy investments
ZANACO Bank has introduced a new financing product to promote the adoption of renewable energy in Zambia. Head of Communications, Kyembe Kyalusanza, announced ...
Economy
Water authority launches flood early warning system to enhance climate information services
The Water Resources Management Authority (WARMA) has announced the development of a Flood Early Warning System (FEWS) to enhance access to climate information ...
Economy
ERB scrutinises new fuel pricing model amid concerns by consumers, oil marketing companies
The Energy Regulation Board (ERB) is currently reviewing a new fuel pricing model that addresses concerns raised by consumers and Oil Marketing Companies ...
Economy
Zambia records K1.4 billion trade surplus, as inflation rises 15.4% (see other important economic indices)
Zambia’s annual inflation rate has surged to 15.4 percent in July 2024 due to price movements of food items. This is as the ...
Economy
Bowa, at bid opening ceremony, advocates investment in agric to boost food security
Cynhia Bowa, Charge’ d’Affaires at the Zambian Embassy in Tokyo, has underscored the importance of investing in agriculture, particularly in rice farming, ...
Economy
Central Bank governor, Kalyalya, says de-dollarisation policy not about forex market controls
The Bank of Zambia (BoZ) has clarified that its proposed de-dollarisation policy will not involve exchange market controls. Central Bank Governor Danny Kalyalya ...
