Economy

Guy Scott Says Zambia Needs to Invest Billions

Vice-President Dr Guy Scott says the PF government needs billions of dollars to fix Zambians problems or risk being kicked out of power in 2016. Answering to questions from school...

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Sharp Decline in Copper Prices Threaten Zambia’s Economic Stability

Copper prices dropped to a six-month low on Friday around US$7,200 per tonne, prompting concerns of a shaky economic outlook and possible political challenges to President Michael Sata in his...

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Sata Has Ignored Zambian Tech Start-Ups, Says Businessman

Zambia’s international engineering expert has Professor Clive Chirwa has dismissed as “untruthful” requests by President Michael Sata for help with western technology. Prof Chirwa who is head of Bolton Automotive...

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Zambia Down to Two Weeks of Fuel Reserves

Zambia has only enough fuel reserve to last up to July 6, this year, according to information obtained from Indeni, the country’s only refinery. Source say if the country does...

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Mining Companies in Zambia to Face Higher Electricity Tariffs

The Energy Regulation Board plans to gradually hike electricity tariffs for mining firms to achieve cost reflectivity by 2015. ERB director for infrastructure and regulation, James Manda, said the energy regulator...

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Zambia needs Reforms for Pro-Poor Growth – IMF

IMF says Zambia needs reforms to lay the basis for pro-poor development to facilitate employment growth in the formal sector. Contributing to debate on job creation in the country at...

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Vice President Scott Assails Mining Companies over Corporate Social Responsibility

Vice-President Dr Guy Scott has urged mining firms to enhance their social responsibility by investing into the communities they operate in. Speaking at the 2nd Zambia international mining and energy...

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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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