Economy

Govt Releases K5m for Chongwe Water Project

The Ministry of Finance has released K5 million for part completion of remaining works on the Chongwe Water Improvement Supply Project. The Ministry Of Water And Environment Protection, in partnership...

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Chipimo Weighs In on KCM ‘Sale’

National Restoration Party (NAREP) president Elias Chipimo Jr has said the government’s attempts to sell Konkola Copper Mines is not supported by law and will result in significant claims for...

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Spanish Medical Cannabis Industry Could Create 90,000 Jobs

The cannabis sector is in full market expansion. The capitalization of all listed cannabis companies now exceeds 80,000 million dollars. Marijuana is known by most citizens. And your business does...

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Kitwe Mayor Demands Answers on Continued Trading of Chinese in Townships

Kitwe Mayor Christopher Kang’ombe says he is disappointed that management at Kitwe City Council is failing to implement a Council resolution to restrict retail trading by foreigners in townships. Kang’ombe,...

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Access Bank Merges with Diamond of Nigeria

Access Bank Zambia has merged with Diamond Bank of Nigeria to become Africa’s largest retail customer base spanning three continents covering 12 countries with over 29 million account holders. The...

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Chingola in Cattle Disease Outbreak

Foot and Mouth Disease has broken out in Chingola District on the Copperbelt with over 500 heads of cattle testing positive to the deadly disease. District Livestock and Fisheries Officer...

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Investors rattled by takeover of Zambian mining operation

Joseph Cotterill in Lusaka Zambia has stoked fears among businesses about the rule of law after the government oversaw the placement of a mining operation operated by India’s Vedanta into...

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Mboweni Apologises to Zambia for ‘Zambia Airways Fleet’ Tweet

South Africa’s Minister of Finance Tito Mboweno has apologized to Zambia for any offence caused by his ‘Zambia Airways fleet’ tweet. Mboweni tweeted that “I recall the days when this...

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ERB Investigates Contaminated Fuel in Claims in S/P

The Energy Regulation Board is actively investigating reports of contaminated fuel from selected filling stations in Livingstone and Kalomo in the Southern Province. This follows complaints received by Total, Pump...

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Court Stays KCM Liquidator’s Powers to Sell Assets

Lusaka High Court Judge Annesi Banda-Bobo has stayed the powers of the Konkola Copper Mine’s Provisional Liquidator Milingo Lungu to sell assets or to make arrangements with the creditors. Justice...

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