Economy

Finance Minister Says Insurers Taking Too Much Money Out Of Zambia

Minister of Finance Alexander Chikwanda says the level of externalisation of money in the insurance industry is worrying. Speaking at the official opening of the Prima House in Lusaka this...

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Zambia Struggles to Squeeze More Revenue out of Copper Mines

A major question on the minds of many Zambians these days is ‘where is all the copper money’?  Despite record high prices over the past number of weeks, the Ministry...

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Church Organization Calls on PF to Improve Mining Safety

The Patriotic Front government of Michael Sata is overly obsessed with foreign investment at the expense of the needs of the Zambian people, said Celophas Lungu of the Zambia Episcopal...

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Standard Bank Optimistic Of Zambia’s Economic Growth

The Economic fundamentals for Zambia have been very positive at the micro and Macro- levels, saysy Standard Chartered bank managing director Mizinga Melu. Speaking at the first quarter Performance media...

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Brace for economic challenges, Finance Minister tells Zambians

Finance Minister Alexander Chikwanda has urged Zambians to brace for any economic challenges. Chikwanda says the current economic slump faced by the Euro zone has the potential to spread to...

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Energy Crisis Threaten to Paralyze Zambia

Zambia has been hit by an energy crisis that is threatening economic activities, about two months after the southern African state donated five million litres of fuel to its eastern...

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Zambia Backpedals on Trafigura Deal

The Zambian Ministry of Energy has backpedaled on its decision to award a multi-billion kwacha oil supply tender to Trafigura. This comes a few days after the Zambia Public Procurement...

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Sata Demands Reports from Mining Companies

The Patriotic Front administration of President Michael Sata has introduced regulations to compel mining companies to provide information on tonnage, type and grade of ore mined, including operating cost sheet...

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Zambia to Print Ballot Papers in United Kingdom

The Zambian government has contracted a United Kingdom company to print ballot papers for the July by-elections, arguing that government printers are not ready to do the job yet. Smith...

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Germany Lends Zambia K550 Billion

Zambia and Germany have signed a K550 billion finance and technical cooperation agreement. Of the k550 billion, k221 billion will go towards poverty reduction budget support with particular emphasis on...

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