Economy

IMF Hints At Tough Times Ahead For Zambia’s Economic Recovery

The International Monetary Fund has wound up its Zambian mission providing a brutally honest status assessment of the economic situation as the country warms up a recovery package. During the...

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Standard Chartered Bank Freeze Accounts Of UPND Spokesperson

An international bank, Standared Chartered, has allegedly frozen the bank accounts for opposition UPND spokesperson Charles Kakoma. Kakoma has since accused the bank of being manipulated by the Zambian government...

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No IMF Deal Yet, Says Mutati

Finance Minister Felix Mutati says government has not yet hosted any detailed programme discussions with the IMF and there are no preconditions. Delivering a Ministerial Statement in parliament, Mutati said...

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Zambian Youngsters Win Global Financial Award

A team of four Zambians has won the Global Financial Award in South Africa after beating Australia and Ghana in the final. According to a statement from Nicky Shabolyo at...

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Mutati Is New Finance Minister As Pres. Lungu Unveils Part Cabinet

President Edgar Lungu has hit the ground running appointing part of his Cabinet with MMD president Felix Mutati as nominated MP designated to the Ministry of Finance while Davies Chama...

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FinTech: A Natural Fit for Africa

The following guest column was submitted on behalf of Dave van Niekerk of MyBucks: We’ve heard the sensationalism before – That the unbridled array of opportunities in Africa are either...

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ZRA Shuts The Post For K53 Million Debt

Following a Supreme Court ruling ordering Zambia’s largest newspaper, The Post, to pay taxes amounting to K53 million, the country’s Revenue Authority has moved in and this evening raided the...

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Dangote Cement Crippled by Strikes

Operations at the Dangote Cement Zambia Ltd plant near Ndola were reportedly ground to halt this week by striking workers. According to local sources familiar with the dispute, the workers...

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