Economy

PRESIDENT EDGAR LUNGU TOURS LUBAMBE MINE

Chililabombwe ~ Thur, 7 Jan 2021 By Brightwell Chabusha President Edgar Lungu has toured Lubambe Copper Mine on the Copperbelt. Lubambe Copper Mine is an underground mining operation situated on...

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GRANDDADDY’S CLOSED DUE TO RISING COVID-19 CASES

Lusaka ~ Sun, 3 Jan 2021 Lusaka’s popular chilling spot Grandaddy’s Shoka Nyama has been closed for a week due to the new strain of COVID-19 whose cases are on...

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ZESCO REDUCES LOADSHEDDING HOURS TO 4 THIS FESTIVE PERIOD

Lusaka ~ Tue, 22 Dec 2020 By Brightwell Chabusha     ZESCO Limited has reduced load shedding hours this festive season to four per day effective tomorrow until  January 2, 2021....

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President Lungu Appeals For Investments From Saudi Arabia

Lusaka ~ Fri, 18 Dec 2020 By Brightwell Chabusha President Edgar Lungu has appealed for foreign direct investment from Saudi Arabia into Zambia. And president Lungu has said relations between...

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ZRA UNEARTHS ANOTHER FUEL SMUGGLING SCAM

Lusaka ~ Fri, 18 Dec 2020 By Brightwell Chabusha The Zambia Revenue Authority has unearthed another fuel smuggling scam worth over 1 million Kwachas. This is another cartel of TPIN...

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Lungu Zeroes on Recovery Plan Benchmarks

President Edgar Lungu says the challenges that Zambia face are daunting but not insurmountable. Launching the Economic Recovery Programme which will run from 2020 to 2023  under the theme restoring...

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LCC Approves K347.7 Million 2021 Budget

Lusaka ~ Wed, 16 Dec 2020 By Brightwell Chabusha The Lusaka City Council (LCC) has appproved a K347, 764, 004 budget for 2021 at its Special Council Meeting held in...

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Mpongwe Milling Hikes Mealie Meal Prices

  Ndola ~ Tue, 15 Dec 2020 By Brightwell Chabusha Mpongwe Milling has hiked its mealie meal prices to around K148 per 25kg breakfast bag because the company failed to...

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Govt Bails Out Debt Ridden Civil Servants

The Government has secured 500 million Kwacha to bail out civil servants who owe financial institutions money. Public Service Management Division Permanent Secretary Boniface Chimbwali says the money will be...

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CBU Signs Ventures into Tanganyika Fish Farming Project

The Copperbelt University has signed a Memorandum of Understanding with the Lungu Royal Establishment of Mpulungu District with a view of venturing into fish farming on Lake Tanganyika. CBU Vice...

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