Economy

President Sata Threatens Cancellation of Road Contracts

President Michael Sata has threatened to terminate a road construction contract awarded to Chinese construction firm China Geo Engineering under the Link Zambia 8,000 Road project. Yesterday the president made...

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Zambia Arrests Three Malawians Over Oil Transaction

Police in Chipata have detained three Malawi nationals for allegedly transporting petroleum products in unauthorized vessels. Acting Eastern Division Police Commissioner Anderson Chengo named the arrested foreigners as Jeran Mvula,...

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Zambian Kwacha Continues Poor Performance Dropping 10 Percent More

Zambia’s kwacha slid to its lowest level in more than four months on Monday as the impact of a law limiting the use of dollars in everyday transactions wears off....

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PF Minister Says Zambia Expected 10 Point Drop on World Bank Ranking

Zambia’s Minister for Commerce Bob Sichinga has shockingly said the country’s drop of 10 points on the World Bank Ease of Doing Business ranking was expected. Sichinga claims this is...

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Zambia’s Inflation Continues to Rise

Zambia’s inflation has risen to 6.8 percent in October from 6.6 percent in September, according to the Central Statistical Office. Central Statistical Office director John Kalumbi told journalists today that...

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‘Emirates Plane in Lusaka Was Faulty’

Preliminary investigations into the Dubai-bound Emirates plane that U-turned and was forced to land at Kenneth Kaunda International Airport when one engine caught fire suggest that the Airbus 330-200 carrying...

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MP Challenges the Legality of President Sata’s Takeover of RDA

A Zambian Member of Parliament has challenged professional bodies to state their positions on whether it was lawful for Michael Sata to transfer the management and operation of the Road...

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Emirates Plane Caught Fire at Lusaka Airport

Standard Chartered Bank managing director Mizinga Melu has relived the horrendous experience of being on Emirates Airline, Flight EK 714 which caught fire 30 minutes after take-off from the Kenneth...

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Police Forced to Pay Their Own Electricity Bills

The Ministry of Home Affairs has directed ZESCO Limited, Zambia’s sole supplier of electricity to install pre-paid energy metres in police camps in a move aimed at saving government money....

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Safety Concerns at Chinese-Owned Mines Still Worrying After Sata Came into Power

Work conditions at Zambia’s Chinese-owned copper mines have improved, but the Asian giant’s labour record is still clouding its sizeable investments into the country, Human Rights Watch said Friday. The...

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