Economy
Fuel shortages taking a toll on Mpika District’s fragile economy —Kapyanga
Mpika District, a key hub for fuel distribution and home to regional fuel storage tanks fed by the TAZAMA pipeline, is facing a ...
Economy
Industrial Development Corporation reportedly establishes wealth fund to consolidate parastatal revenues
The Zambian government has reportedly established a wealth fund to consolidate revenues generated by state-owned enterprises, Industrial Development Corporation (IDC) Chief Executive Officer, ...
Economy
ZESCO wins $4.9 million court case against contractor, insurer
ZESCO has been awarded over US$4.9 million by the Court of Appeal in a legal dispute involving a contractor and its guarantor, Golden ...
Economy
Kitwe clergy, Chileshya, raises the alarm over alleged encroachment of Konkola Copper Mine by illegal miners
Charles Chileshya, a Kitwe based clergyman, is troubled by the encroachments and illegal mining happening in Konkola Copper Mine (KCM) areas. The clergyman ...
Economy
Zambia to borrow $108 million from AfDB after loan amendment
The Zambian government plans to borrow US$108 million from the African Development Bank (AfDB) to finance its 2024 expenditure, following an amendment to ...
Economy
IMF approves $184 million disbursement to Zambia, says five of fifteen structural benchmarks not achieved
The International Monetary Fund (IMF) Executive Board has completed its fourth review of Zambia’s 38-month Extended Credit Facility (ECF) arrangement, approving an immediate ...
Economy
Manufacturers bemoan arbitrary hike in council fees in Lusaka, allege municipal service delivery below par
The Zambia Association of Manufacturers (ZAM) has voiced strong objections to sharp increases in council fees and rates implemented by municipalities, particularly in ...
Economy
Zambia secures $34.65 million for nature-based climate solutions
The Governing Board of the Climate Investment Funds (CIF) has approved Zambia’s Nature, People, and Climate Investment Plan (ZNPCI), allocating US$34.65 million to ...
Economy
Hichilema launches Zambezi Economic Free Zone in Kazungula
President Hakainde Hichilema has launched the Zambezi Economic Free Zone in Kazungula District, Southern Province, which is projected to create over 1,000 direct ...
Economy
Konkola Mine says it’s probing attempt to dupe company of $54,000 through supply of fake materials
Konkola Copper Mine (KCM) has foiled an attempt by a supplier to deliver counterfeit solvents, preventing a potential loss of US$64,000. In a ...
