Economy

Govt Gives NRFA K300M For Local Contractors

Minister of Finance Dr. Bwalya Ng’andu has announced the release of K300 million to the National Road Fund Agency (NRFA) to clear outstanding arrears for local road contractors and consultants....

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ZESCO Hunts Down Load Shedding

Zesco Limited has said it is working “round the clock” to slightly reduce load shedding hours on New Year’s eve to allow customers to celebrate. ZESCO Public Relations Manager Hazel...

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Kawambwa to Get Israeli Supported Farm Block

The Israelis have made progress in setting up base in Pambashe Constituency of Kawambwa district for the construction of a farm block and agricultural training centre. President Edgar Lungu assigned...

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Inflation Rises To 11.7%

The year-on-year inflation rate as measured by the all items Consumer Price Index for December 2019 has increased to 11.7 percent from the 10.8 per cent recorded in November 2019. Zambia...

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Kwacha In Slight Depreciation

The Kwacha that has registered gains since Friday has lost slightly at the opening of today’s trading, but still within the K13.50 and K13.80 band. ©Zambia Reports 2019....

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Our Kwacha Continues To Gain

The local currency has continued to make gains on the foreign exchange market after recovering from massive losses seen over a week ago when it traded around K15 against the...

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Kagem Welcomes Suspension Of The 15% Export Tax On Gemstones

Kagem Mining Ltd has welcomed Zambian Government’s decision to suspend the 15% export tax on gemstones in order to support capital investment and the growth experienced by the sector over...

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South Africa Firms Adopt Cloud Amid Power Cuts.

By Akani Chauke, APA News. SOUTH Africa’s recent load shedding spell, the worst in years, has added interest in Cloud services as local firms insulate themselves from the country’s energy fallout....

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Exports Tax Threatens Crocodile Industry

The Zambian Crocodile Farmers Association (ZCFA) has warned that the industry faces imminent closure as the imposition of a 10 per cent export duty takes effect. Zambian crocodile skins are...

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Veep Tasks Govt Ministries To Work With ZNFU On Meat Imports

Vice-President Inonge Wina has directed the Ministry of Fisheries and Livestock, the Ministry of Agriculture and two other line ministries to work closely with the Zambia National Farmers Union, supermarket...

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