Economy

Maamba Steps Up To Meet Country’s Peak Season Power Demand

Maamba Collieries Limited says it is working flat out to meet the nation’s peak season power requirement. The country’s only coal-fired thermal power plant, which provides 24/7 assured ‘baseload’ power...

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The Seven-Page Long and Rambling Ministerial Statement Presented to Parliament is Full of a Flowery and Deceiving Language-Hichilema

UPND leader Hakainde Hichilema has claimed that the 2020 revenue shortfall will be K17.2 billion of which the Zambia Revenue Authority (ZRA) will miss its target of K53.9 billion by...

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K950M Paid To Suppliers Amid COVID-19, Reveals Finance Minister

Minister of Finance Dr Bwalya Ng’andu has told Parliament that the government has released a total of K950 million to pay suppliers of goods and services amid the COVID-19 pandemic....

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DMMU To Assess State Of Red Locusts In W/Province

The Disaster Management and Mitigation Unit (DMMU) has commenced an assessment of the state of  red  locusts in affected districts in Western Province. DMMU National coordinator Mr Chanda Kabwe says...

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New Ndola Airport Will Boost Trade, Tourism, Says Veep

Vice-President Inonge Wina on Saturday toured the New Copperbelt International Airport under construction. The Vice-President said the project will be a game changer for the region’s trade, investment and tourism...

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JCTR Notes Basic Needs Basket Reduction in Lusaka

The cost of basic needs for a family of five in Lusaka recorded a reduction of K134 in the month of June, standing at K7, 060.80. The latest JCTR report...

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Govt to Release K1 Billion for Crop Purchasing

Food Reserve Agency (FRA) Executive Director Chola Kafwabulula has disclosed that government will in the next few days release an additional K1 billion for crop purchasing. The government had budgeted...

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Mpezeni Links Early Marriages To Poverty

Paramount Chief Mpezeni of the Ngoni people has attributed the high prevalence of early marriages in the region to poverty. Chief Mpezeni said it is unfortunate that the province has...

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Business Survey Report On Impact Of COVID-19 Launched

Commerce, Trade and Industry minister Christopher Yaluma has disclosed that the business survey report which has been launched to look at the impact of COVID-19 on Zambian enterprises seeks to...

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Kwacha Moves In ‘Yo-Yo’ Style

The local currency on Thursday moved between gains and losses in one trading session, touching K18.17 at its lowest and later closing trading at K17.97. “Thursday’s trading moved in a...

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