Economy

Zambia’s Largest Independent Power Producer Transforming Face Of Maamba

Zambia’s Largest Independent Power Producer Transforming Face Of Maamba. Contributing around 10% of the nation’s electricity generation capacity has a huge impact on the nation’s energy security and the economy in general,...

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Chipangali Constituency Borehole Drilling Rig Has Finally Been Registered And Insured

Chipata Town council chairperson Million Tembo said the rig which was currently in Chipata will be taken to Chipangali District. Mr. Tembo said the rig will only start its operations...

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Minister Of Finance On External Debt And Economic Outlook In 2020.

Zambia’s external debt has risen to US$11.2 billion from US$10.23 billion as at the end of December, 2019 according to Finance Minister Dr. Bwalya Ng’andu. “When I last updated the...

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Zambia Wakanda1 Diaspora Summit.

Zambia Wakanda1 Diaspora Summit. “Visit and Invest in Zambia Homecoming Campaign” Zambia’s celebrated think-tank the Economics Association of Zambia (EAZ) on the weekend of the 08 – 09 February met...

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Mopani Rubbishes Transfer Of Procurement Office To South Africa

Mopani Copper Mines Plc has disputed media reports suggesting that the mining giant plans to move its procurement offices to South Africa. Last week, local contractors and mine suppliers staged...

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January 2020 Food Basket Cost Shoots Up!

The cost of living as measured by the Jesuits Centre for Theological Reflections Basic Needs and Nutrition Basket for the month of January 2020 has increased to K7,410.96 for a...

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Meet The Dad Who Bought His 10-Year Old Daughter a Vending Machine

Instead of toys, clothes, or gadgets, Reco Oxendine, a father from Pennsylvania, has gifted his 10-year old daughter with her very own vending machine to give her an early start...

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MUZ Goes Ahead To Sign 7% Salary Increment For Workers, Despite It Being Rejected.

The Mineworkers Union of Zambia (MUZ) and other unions have signed the 2020 collective agreement with Mopani Copper Mines at 7% despite the percentage being rejected by miners. This follows...

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Zambia – Vedanta Row Escalates, As Minister Calls Company “Criminal.”

Zambia has escalated its attacks on miner Vedanta, owned by Indian mining magnate Anil Agarwal, saying the company has been involved in criminal activities, including underpaying taxes and breaking investment...

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Kapiri To Get Vehicle Assembly Plant.

Zambia’s celebrated UK-based Professor Clive Chirwa has announced that the AUVIV vehicle assembly plant will soon be launched in Kapiri Mposhi, Central Province that is expected to create about 1,000...

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