Economy

Congratulations To Zambia’s Raja Bobbili For Hitting Forbes List

A Zambian based in the United States of America has attracted global attention by featuring in the 2017 Forbes 30 Best Financial professionals. Forbes is a globally acclaimed publication that...

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Zambia Sets Indaba For $6 Billion Batoka Gorge

Zambia will next month hold a High Level Regional Investment Conference to mobilise resources for the Batoka Gorge Hydro Electric Power Scheme which is estimated to cost US$ 6 Billion...

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ERB Announces Rare Price Reduction

The Energy Regulation Board has announced a rare downward adjustment of prices with effect from midnight. According to the ERB Board Chairperson Francis Yamba the reduction has been triggered by...

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Mutati Says Inter Market Bank Under Review; Investrust Is Safe

Finance Minister Felix Mutati says the financial market in the country is stable despite what has happened to Inter Market Bank. Delivering a Ministerial Statement Mutati said that he was...

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Zambezi Portland Cement Wins Employer of the Year Award

Zambezi Portland Cement has been honoured with the Employer of the Year 2016 Award by the Zambia Chamber of Commerce and Industry, according to an announcement from the company. The...

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JCTR Punch Holes In Mutati’s Budget

The Zambian Centre for Theological Reflection has dug into the recently released budget by Finance Minister Felix Mutati and picked out the non-taxable income threshold of K3, 300 and below...

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IMF Hints At Tough Times Ahead For Zambia’s Economic Recovery

The International Monetary Fund has wound up its Zambian mission providing a brutally honest status assessment of the economic situation as the country warms up a recovery package. During the...

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Standard Chartered Bank Freeze Accounts Of UPND Spokesperson

An international bank, Standared Chartered, has allegedly frozen the bank accounts for opposition UPND spokesperson Charles Kakoma. Kakoma has since accused the bank of being manipulated by the Zambian government...

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No IMF Deal Yet, Says Mutati

Finance Minister Felix Mutati says government has not yet hosted any detailed programme discussions with the IMF and there are no preconditions. Delivering a Ministerial Statement in parliament, Mutati said...

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Zambian Youngsters Win Global Financial Award

A team of four Zambians has won the Global Financial Award in South Africa after beating Australia and Ghana in the final. According to a statement from Nicky Shabolyo at...

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