Economy

ZCCM-IH buys new Equipment for Kariba Minerals 

The Zambia Consolidated Copper Mines-Investment Holdings ZCCM-IH has capitalised Kariba Minerals Ltd with the purchase of new equipment worth K6 million to boost amethyst production. ZCCH-IH currently owns 50 per...

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Air Tanzania Launches Lusaka Flights

Air Tanzania launched its flights into Lusaka on Friday with ministers of transport for both countries gracing the occasion. Acting Minister of Transport and Communication Katotwe Mufaya and his Tanzania...

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Govt Backs AfDB’s Staple Crop Processing plan at Luswishi Farm Block

The Zambian government has supported the African Development Bank (AfDB)’s proposal to implement the Staple Crop Processing Zone at Luswishi Farm Block in Lufwanyama, an initiative expected to facilitate development...

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C/Belt Expo set for Launch

The launch of the Copperbelt Investment Expo by Vice-President Inonge Wina has been set for March 2, 2019. The organisers say a K10 million budget has been drawn to successfully...

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Stability Returns on Forex Market as Copper Prices Rise

There was stability in the foreign exchange market during Tuesday’s trading, with the Kwacha closing the day at between K11.80 and K11.92. The dollar, however, posted some slight gains by...

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Slow Economic Growth Keeps BoZ Policy Rate at 9.57%

The slow growth in the economy has forced the Bank of Zambia to maintain the policy rate at 9.57 per cent. The move, according Bank of Zambia governor Dr Denny...

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Zambia Risks Importing Tainted Mozambican Bananas

Zambia is at risk of importing contaminated bananas from Mozambique in a deal where the Zimbabwean government has agreed to be a conduit of these imports into Zambia. Information obtained...

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EAZ, COMESA Confer

The Economics Association of Zambia (EAZ) was hosted by the Common Market for East and Souther Afrioca where they conferred on various economic and political issues. Below is a statement...

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Air Botswana Announces Resumption of Lusaka Flights

Air Botswana is set to resume flights into Zambia after a two-year hiatus. The airline said in a communique sent to the Zambian Mission in Gaborone that it is set...

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Air Tanzania to Launch Lusaka Flights

Air Tanzania will on February 22 commence the Dar es Salaam-Lusaka flights. The airline, which is launching the flights at an incredibly low cost, will also fly into Harare every...

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