Economy

Mopani Commits to Unbundle K58 Million Debt to Kitwe City Council

Mopani Copper Mines has committed to pay K8 million out of the K58 million it owes the Kitwe City Council. On Wednesday afternoon, bailiffs pounced on Mopani Copper Mines in...

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IFAD Injects K13.5m in rural sustainability

Zambia has been selected as one of the 59 East and Southern African countries that will benefit from International Fund for Agriculture Development (IFAD)’s newly created Rural Poor Stimulus Facility. In...

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Govt, Cooperating Partners Review 7NDP Performance

The Government of Zambia, cooperating partners and other stakeholders have reviewed the performance of the Seventh National Development Plan (7NDP) as at Mid-Term. Officiating at the validation meeting of the...

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Govt Pays K36m To Farmers Displaced By Ndola Airport Project

Copperbelt Permanent Secretary Bright Nundwe has disclosed that government has so far paid K36 million out of the K51 million owed to farmers and squatters who were displaced to pave...

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Inflation Rate Drops For First Time In 2020

For the first time in 2020, Zambia’s annual rate of inflation has registered a drop of 0.7 per cent, according to data released by the Zambia Statistics Agency (ZAMSTAT). ZAMSTAT...

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IMF Says Current Engagement With Zambia Most Important Stage Since 2017

The International Monetary Fund (IMF) and Government have commenced the virtual consultative and information exchange mission for Zambia, with the Bretton Wood institution describing the engagement as the most important...

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BoZ Governor Taps into Digital Economy

Bank of Zambia Governor Dr. Denny Kalyalya says there is great potential in Zambia to have more people financially included through digital channels and ultimately in the digital economy. Dr....

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About 4, 000 Field Sprayed in Kazungula to Curb African Locusts Threat

Over 3,800 hectares of fields in Kazungula district in Southern Province have been sprayed to control the spread of African migratory and red locusts. The exercise was sponsored by the...

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U.S. Farming Body and Zambian Firm Partner Aim to Boost Crop Yields

An American non-profit organisation has launched a $40 million joint venture with one of Zambia’s top farm suppliers to boost crop yields and food security as farmers struggle to access...

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Avic To Reconstruct Poorly Done Lusaka Roads At No Cost To Govt

Avic International, a Chinese construction firm, has offered to re-do some poorly done roads in Lusaka at no cost to the government. This was revealed by Minister of Housing and...

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