Economy

Zambia Seeks Partners to Operate Rail Network, Airline

Companies from South Korea, Europe and the U.S. have expressed interest in helping run Zambia’s rail network, the government of Africa’s biggest copper producer said. President Michael Sata’s government says...

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Army Worms Threaten Food Security in Zambia

Food security in Zambia is under threat following expectation of a low harves from the 2012/13 farming season after army worms invaded maize fields in some parts of the country....

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Lusaka, the Zambian Capital, Becomes Latest City to Record Mealie Meal Hikes

After Zambia’s Copperbelt was recently hit with an acute mealie meal shortage prompting the hike in prices, the country capital – Lusaka – is now not being spared as the...

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PF gvt supplies underweight bags of fertiliser to Masaiti farmers

The Patriotic Front (PF) government has supplied underweight bags of basal fertilizer to farmers in Ndola’s Masaiti district. The farmers who became suspicious of the weight of fertilizer decided to...

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First Quantum Sheds 200 Employees at Bwana Mkubwa Mine in Zambia

First Quantum Minerals’ Bwana Mkubwa mine in Ndola has laid off over 200 workers. FQM technical manager Andries Scott said the company will switch to the newly constructed Solwezi plant...

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Mealie Meal Crisis: Panicking PF Forces Food Reserve Agency to Make Losses

The Zambian government is panicking over the mealie meal crisis and has forced the Food Reserve Agency to sell maize at K60, 000 instead of K65, 000 of a 50...

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Parliamentarian Mucheleka Warns PF of Unplanned for Debts

Independent Lubansenshi member of parliament Patrick Mucheleka has warned that Zambia will find itself in another unsustainable debt position going by the number of ambitious programmes being announced by the...

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Zambian Inflation Rate Makes Marginal Rise

The inflation rate for the month of November has increased compared to last months. Central Statistics Office acting director Goodson Sinyenga said the inflation increase is from 6.8 percent last...

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Intensify Awareness of Kwacha Rebasing, Urges Dodia

Private sector Yusuf Dodia has urged the Bank of Zambia to intensify the awareness on the Kwacha rebasing. Dodia noted the awareness exercise was not enough to adequately inform Zambians...

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