Economy
Zambian govt confirms World Bank’s additional grant of $207 million for social protection project
Secretary to the Treasury, Felix Nkulukusa, has announced that the World Bank has approved US$207.6 million additional financing for Zambia’s Scaling-Up Shock Responsive ...
Economy
Local contractors encouraged to seek opportunities in execution of projects under Private Public Partnership
The Zambian Association of Citizen Contractors has encouraged all local contractors to demand for opportunities from the Road Development Agency (RDA) under the ...
Economy
Bankers propose zero-rating interest component of Finance lease to make asset acquisition affordable
The Bankers Association of Zambia (BAZ) has proposed zero rating the interest component of a Finance Lease, a measure expected to make the ...
Economy
Ambassador Mulimbika lauds Japan for support in key economic sectors
Zambia’s Ambassador to Japan, Dr. Tobias Mulimbika, has commended the Japan International Cooperation Agency (JICA) for its unwavering support in advancing Zambia’s key ...
Economy
Use of dollar for local transactions may become a criminal offense soon
The Bank of Zambia (BoZ) has drafted new regulations to curb the use of foreign currencies in the economy, particularly during a local ...
Economy
Energy regulator, ERB, reduces petrol, diesel pump prices to K31.58, K29.34 respectively
The Energy Regulation Board (ERB) has adjusted downwards the price of petroleum products for the month of July 2024, citing an appreciation in ...
Economy
Road funds agency reports K1.5 billion in toll revenue collected by May, 2024
The National Road Fund Agency (NRFA) has reportedly collected K1.5 billion from toll gates between January and May 2024. The Agency claimed that ...
Economy
Manufacturers highlight key economic reforms to enhance sector’s contribution to GDP
The Zambia Association of Manufacturers (ZAM) has emphasized the importance of restoring economic stability to attract investment in the manufacturing sector. ZAM Chief ...
Economy
Zambia realises $2.68 billion from top five Non-Traditional Export markets in 2023, DR Congo tops
Zambia has realised US$2.68 billion from its top five markets for Non-Traditional Exports (NTE) in 2023, with the Democratic Republic of Congo (DRC) ...
Economy
Securities and Exchange Commission proposes measures to expand green project financing in Zambia
The Securities and Exchange Commission (SEC), in its effort to lead green project financing, has proposed reduction in import taxes which are expected ...
