Economy

Kalulushi Council Concludes Talks with Turbo for Mall Construction

The Kalulushi Municipal Council has concluded negotiations with Turbo Agencies and Unity Garments for the proposed construction of two shopping malls in Kalulushi and Chambishi respectively. Kalulushi mayor Rashida Mulenga,...

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UZZI Granted Extension to Set Up Network

Fourth mobile operator, UZZI Zambia, has been granted an extension to set up its mobile phone network in the country. UZZI Zambia were given a licence in September, 2018 and...

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Lungu Commissions 54MW Solar Power Plant

President Edgar Lungu has commissioned the 54 megawatts solar power plant, Zambia’s largest renewable energy project constructed at a cost of $60 million. The solar power plant under the Bangweulu...

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Govt Trains 209 Women and Youth in Fingerling Production

About 209 women and the youth have been trained in the production of fingerlings, Minister of Fisheries and Livestock Kampamba Mulenga Chewe has announced. Chewe said the training activities were...

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Turkey’s Ziraat Bank Wooed to Open Branch in Zambia

Turkey’s Ziraat Bank, that country’s largest state-owned commercial bank, has been asked to invest in Zambia. Zambia’s Ambassador to Turkey Joseph Chilengi said Ziraat Bank, a reputable financial institution, could...

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Lamba Chief Gives Out 250 Hectares for Fertiliser Plant

Chieftainess Shimukunami of Lufwanyama has released 250 hectares of land to a Zambian investor for the construction of the first-ever fertiliser manufacturing plant in the district. Lufwanyama District Council Secretary...

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Lack of School in Chisangwa Moves Kalulushi Mayor to Donate Cement for Classroom Block

Kalulushi Mayor Rashida Mulenga has donated 40 bags of cement to go towards the construction of a one by two classroom block in Chisangwa area During a visit to the...

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27,000 SME Jobs Created in 2018, Says Govt

Commerce, trade and industry minister Christopher yaluma has disclosed that 27,000 jobs were created through the small and medium enterprises last year. Speaking on the sidelines of the World Economic...

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ZCCM-IH Hands Over Dividend to Govt

The Zambia Consolidated Copper Mines Investment Holdings has handed over a cheque worth K16.8 million to the Ministry of Finance as dividends for the 17.3 percent shares held on behalf...

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British Investor Expresses Interest in Uchi Dumpsite

An investor from the United Kingdom, Copper Tree, has shown interest in setting up a Copper Processing plant at the recently closed Uchi dumpsite opposite the famous black mountain. After...

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