Economy

Zambia Detains RSZ Executives After Expropriation of Railways

Railway Systems of Zambia (RSZ) Chief Executive Officer Benjamin Even and his general manager Pelossor Yair were detained at the Kenneth Kaunda International Airport when they attempted to leave the...

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Kabimba Vows to Reverse All Investment Agreements by MMD Government

Justice Minister Wynter Kabimba has vowed that the PF government will reverse all investment deals entered into by the previous MMD administration. Speaking with the media today, Kabimba said President...

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RSZ Prepares Response to Government’s Reversal of Concession

Railway Systems of Zambia (RSZ) Chief Executive Officer (CEO) Benjamin Even says his company will not rush to announce the route of action it will take against the government’s decision...

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RSZ Loses Confidence in Zambia’s Legal System

Railway Systems of Zambia (RSZ) Chief Executive Officer (CEO) Benjamin Even says the company will not take the PF government to court, despite threats by President Michael Sata who has instructed...

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Amid Food Crisis, Foreign Donors Criticize Zambia’s Maize Subsidy

In recent weeks Zambia has experienced growing levels of social unrest due to rising prices of cornmeal, the basic food staple, while at the same time foreign donors are demanding...

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Panicked by Rising Inflation, Government Negotiates to Lower Food Prices

Following yesterday’s announcement by the Central Statistics Office that the increase in millie-meal prices had triggered upward inflation, the PF government has called for negotiations with millers. Agriculture Minister Emmanuel...

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Inflation on the Rise in Zambia

Zambia’s inflation rate for August has once again increased from 6.2% in July to 6.4% this month. The Central Statistical Office (CSO) has announce the economic indicator at a briefing...

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Zambia’s Mismanaged Agricultural Sector

In many discussions among Zambians focusing on agriculture, the phrase paya farmer (kill the farmer) has become quite common. Not only is paya farmer an insinuation of the initials of the...

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LAP-GreenN Attacks Zambian Government Over Deportations

Following the arrest and deportation of one former Zamtel executive and the alleged (but later disproven) deportation of another, the former owners of the company have released a statement condemning...

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Former Zamtel Executive Denies Deportation; Left Zambia 8 Months Ago

Home Affairs Minister Edgar Lungu created quite a stir yesterday when he announced that he had deported the former managing director of Zamtel, a company renationalized by the Patriotic Front...

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