Economy

Zambia Revokes Chinese Coal Mining Licences

Zambia announced on Wednesday that it had revoked the licences for a controversial Chinese-owned coal mine in the south of the country in response to violations of safety and environmental...

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Livingstone Hotels Slash Rates ahead of UNWTO

Toursim Minister Sylvia Masebo says that hotels in the tourism capital of Livingstone have started reducing accommodation rates by as much as US$100 to attract more guests at the UNWTO...

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World Bank to Visit Zambia

A visiting delegation from the World Bank congratulates Zambia on its steady economic growth and the country’s desire to fully attain middle-income status by 2030. The nine-man delegation of Word...

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Brace for Hunger, Urges PF Minister

The PF government has finally admitted the mismanagement of the agriculture sector and are now bracing themselves for the looming hunger. Northern Province minister Colonel Gerry Chanda has said government...

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UN Counsels Zambia on Projects

The United Nations (UN) has urged government not to do away with projects that have benefited Zambians on account of political expediency. UN Zambia director Winnie Wignaraja said at the...

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Maize Shortage Causes Hunger in Northern Province

Hunger has broken out in Nsumbu area of Nsama District in Northern Province because of a critical shortage of maize. The food shortages have forced shop owners to hike up...

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Looming Food Shortages Unsettle Donors

In the wake of a looming poor agriculture season which may lead to serious food crisis, one of Zambia’s major donor – Sweden – is speaking out expressing displeasure at...

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Accountants Call for Strict Tax Regime

Following revelations by Action Aid of tax avoidance involving Zambia Sugar company, a body representing financial and accounting experts is seeking strict measures to curb such scandals. Early this week,...

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Govt Shuts Down Chinese Smelter

The Zambian government has issued an environmental restoration order to shut down the Chinese owned Chambishi Copper smelter. Government through the Zambia Environmental Management Agency (ZEMA) says it has decided...

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Rising Copper Thefts Worry Economists

A Lusaka-based economist has expressed concern over continued reports of thefts of copper cathode in the country saying this has a negative impact on economic growth. Professor Oliver Saasa noted...

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