Economy

ZCCM-IH Pumps $1.5M In Manganese Mine

ZCCM Investments Holdings Plc Limited has invested about USD$1.5 million in setting up a manganese mine in Serenje District of Central Province. Speaking when he called on Serenje District Commissioner...

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Closure of Spar Outlets Worries Govt

Commerce, Trade and Industry minister Christopher Yaluma has said government is working to ensure the closure of Spar outlets does not scare other chain stores nor limit competition in the...

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SEC Says Zambia’s Capital Market Can Soar Above Economic Troubles

The capital market in Zambia has the potential to excel above average, despite the current economic challenges, observes Philip Chitalu, Chief Executive Officer of the Securities and Exchange Commission (SEC)....

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Town Centre Market Isn’t For Sale, Assures LCC

The Lusaka City Council (LCC) has assured that the Town Centre market is not for sale as earlier reported. LCC public relations manager George Sichimba stated in a statement that...

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Shoprite Chipata Reopens

Shoprite Chipata branch on Saturday afternoon reopened following temporary closure on Thursday after one worker tested positive for COVID-19. Shoprite Management has confirmed that the temporary closure of its Chipata...

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ZCCM-IH To Increase Stake In Mines, Reveals IDC

Industrial Development Corportation (IDC) Group CEO Mr Mateyo Kaluba has said ZCCM-IH will take up a more active role as an investor in the mining sector rather than being a...

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IDC Boss Tours Kenani Rubber Plantation

IDC Group Chief Executive Officer Mr Mateyo Kaluba has undertaken the tour of the Kenani rubber plantation in Nchelenge District to familiarize himself with the state of the plantations. The...

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Govt Allocates K1.7 Billion For 2020 Farming Inputs

The Zambian Government has set aside K1.7 billion to help a million vulnerable but viable farmers under the Farmer Input Support Programme (FISP) access fertilizer and seed ahead of the...

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IMF Says Impact Of COVID-19 On Zambia’s Economy Will Be Heavy

The International Monetary Fund (IMF) staff team has held virtual meetings to discuss the Government of Zambia’s request for emergency support under the Rapid Credit Facility. The IMF staff team...

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Zambia To Present SDG Progress To UN Members

Zambia will tomorrow, Thursday, join 46 other countries in making presentations about its progress on the implementation of the Sustainable Development Goals (SDGs) at the Annual High-Level Political Forum (HLPF)...

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