Economy

MUZ Asks Govt to Raise Shareholding In Mines

The Mineworkers Union of Zambia (MUZ) has appealed to government to increase its shareholding in the mines. MUZ president Joseph Chewe has bemoaned the vulnerability workers have been exposed to...

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Lusaka Cost Of Living Goes Up

The cost of living for a family of five in Lusaka has gone up by over K140 to K6, 418.17 in November from K6, 338.79 in October. The Jesuit Centre...

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Lack of Geological Information on Mining Reserves Depriving Zambia of Maximum Benefits

The Centre for Trade Policy and Development (CTPD) says lack of geological information about Zambia’s mining reserves is affecting the country’s ability to negotiate better deals with mining companies. CTPD...

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Mines Minister Hopes Gold Mining will Add Value

Government is confident that gold mining in Mwinilunga and other potential sites across the country will make a huge contribution to the country’s economy, Mines and Mineral Development Minister Richard...

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Kagem Holds Successful Emerald Auction In Singapore

Kagem Mining Ltd, 25% owned by the Industrial Development Corporation (IDC) of Zambia, has hosted a successful auction of Zambian emeralds in Singapore this week. The auction was monitored by...

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Zambia Partners with Huawei in ICT Development

Huawei and Zambia have continued to enhance cooperation in the Information Communication Technology (ICT) sector aimed at promoting ICT access across the country in line with the China-Africa Cooperation Beijing...

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Musukwa Appeals To Stanchart Not To Close Chililabombwe Branch

Chililabombwe Member of Parliament Richard Musukwa has appealed to Standard Chartered Bank Zambia not to close its branch in Chililabombwe district because of huge trade volumes at Kasumbalesa border post that...

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BoZ Governor Says Kwacha Loss Due To Emergency Power Imports

Bank of Zambia governor Dr Denny Kalyalya has attributed the recent sharp depreciation of the kwacha against the US dollar to the emergency importation of electricity from South Africa to...

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IMF, Govt Agree On Urgent Debt Management Measures To Restore Fiscal Sustainability

The International Monetary Fund (IMF) team led by Mission Chief Dan Ghura has completed its staff visit to Zambia where they conducted data exchange and policy consultations on government’s measures...

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Haabazoka Calls On Govt To Act Fast On Failing Economy

Economics Association of Zambia president Dr Lubinda Haabazoka has advised the government and the Bank of Zambia to quickly act appropriately to arrest the current economy challenges in the country...

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