Economy

Next Africa: Zambia Could Default and Others Follow

The depth of devastation brought by the coronavirus to fragile African economies is becoming clear. Zambia is seeking to delay $120 million in interest payments on its Eurobonds for six...

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Zambians Anxious About 2021 Budget – SACCORD

Lusaka ~ Fri, 25 Sept 2020 By ZR Reporter SACCORD has said there is no doubt that most Zambians are anxious to understand how the government will address various economic...

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Economy | Atlas Mara, Stanbic And Indo Zambia Banks Get Biggest Chunk Of Stimulus Package

Lusaka ~ Fri, 25 Sept 2020 By ZR Reporter The Bank of Zambia has disclosed that three commercial banks have so far collectively benefited K1.3 billion from the K10 billion...

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Proflight To Launch Lusaka-Joburg Flights

Lusaka ~ Wed, 23 Sep 2020 By ZR Reporter Proflight Zambia will launch four-times-a-week passenger flights to Johannesburg, from Zambia’s Lusaka capital from October 1. The decision comes barely days...

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MQHZ Demands 17% Budget Allocation To Health In 2021

Lusaka ~ Tue, 22 Sept 2020 By ZR Reporter The Medical for Quality Healthcare in Zambia (MQHZ) is demanding a 17% allocation to the health sector in the 2021 national...

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2021 Budget Expectations

Lusaka ~ Tue, 22 Sept 2020 By ZR Reporter Finance minister Dr Bwalya Ng’andu is this Friday expected to present the country’s 2021 national budget. Submissions were made by all...

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BoZ Pledges Support To Village Banking

The Bank of Zambia (BOZ) has reiterated its support to village banking and savings groups, saying they play an important role in providing community-based financial services although informally. In a...

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Central Bank Promises To Take Charge Of Kwacha

The Central Bank has said it will use all available interventions to stabilize the foreign exchange market which has seen the kwacha depreciating to nearly K20 against the US dollar....

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People Expect Nothing But Good Road Infrastructure – Kampamba

Kalulushi Member of Parliament Kampamba Mulenga Chewe has handed over to four block making machines to four youth groups in her Constituency. Meanwhile, Mrs Chewe has told the Kalulushi Municipal...

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Partial Reopening Of Bars, Nightclubs And Taverns Elates Zambian Breweries

Zambian Breweries has welcomed President Edgar Chagwa Lungu’s announcement of the partial reopening of bars, taverns and night clubs, which is aimed at reducing the negative impact of COVID-19 on...

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