Economy

Report Cites Worsening Political Risk in Zambia

According to a new market report by the Economist Intelligence Unit, the operational risk model for Zambia has been downgraded to reflect deepening perceptions of political risk. The score for...

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Fourth Mobile Company on The Cards in Zambia

Transport minister Christopher Yaluma says the Patriotic Front will liberate market policies in the telecommunication industry pointing out the need for a fourth mobile service provider in Zambia. Aside from...

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PF Lies: World Bank Refutes Miles Sampa’s False Statement

World Bank Country Director Kundhavi Kadiresan has refuted reports quoting finance deputy minister Miles Sampa that the Brentwood Institution will stop budgetary support to Zambia effective next year. Sampa, who...

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Sata Says Japan Trip Has Produced Positive Results

Coming to the end of a five-day visit to Japan, Zambian President Michael Sata has described his meetings successful and yielding positive results. According to ZANIS the President was speaking...

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Analysis of Zambia 2013 Budget: Revenue and Expenditure

Minister of Finance Alexander Chikwanda today announced a K32.2 trillion 2013 national budget, about K5 trillion higher than this year’s expenditure. The new budget has triggered anxiety among stake holders...

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Foreign Investors Worried by State Intervention in Zambia

While Zambian President Michael Sata is visiting Japan this week courting foreign investment, a number of analysts are pointing out growing concerns among the business community in response to the...

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Zambians Anxiously Await PF’s 2013 National Budget Today

As Minister of Finance Alexander Chikwanda struts up the National Assembly stairs this afternoon to present the 2013 budget, not only interest groups will watch television with bated breath, ordinary...

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Brazilian Firm Opens Copper Production in Zambia

Brazil’s Vale SA (VALE5.SA) said it has begun producing copper concentrate at its Lubambe mine in Zambia. Production at the mine, which began on October 4, is expected to lead...

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Sata’s Seizure of RDA Will Cause Problems – Mulongoti

Former Works and Supply Minister Mike Mulongoti has advised President Michael Sata not to be too selfish by wanting to run all government parastatals at State House. Featured on Face...

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President Sata Visits Japan Seeking Foreign Investment

President Michael Sata has expressed worry at the lack of interest by Japanese companies to invest in Zambia despite the cordial relationships existing between the two countries. According to a...

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