Economy

PF Maintains Low Cotton in Zambia

Zambia’s minister for agriculture Emmanuel Chenda says the PF government will not dictate the price of cotton because it runs a liberalised economy despite complaints that the commodity is selling...

» Read More

First Quantum Makes a Vote of Confidence in Zambia with $4b Investment

According to an announcement made today, the Canadian mining group First Quantum is planning to invest more than $4 billion in Zambia over the 2-3 years in a new mine...

» Read More

Chinese Mine Threatens to Close over License Dispute

The Chinese-owned mining company Sino-Metals Leach operating in Chambishi on the Copperbelt has threatened to close all its plants in Zambia, putting 400 jobs on the line following the refusal...

» Read More

Power Failures Will Take a Toll on the Economy

The trade and consumer NGO Consumer Unit Trust Society (CUTS) has observed that the increasing frequency of blackouts and brownouts will have adverse impact on the country’s economic performance. CUTS...

» Read More

Zambian Farmers Demand Improved Cotton Price

THE Zambia National Farmers Union (ZNFU) has urged Government to consider re-evaluating cotton prices for peasant farmers who make money from the produce only once a year. ZNFU president Jarvis...

» Read More

Why Zambia’s Banning of Dollar Transactions Won’t Help in the Long Run

Today in an article published on Seeking Alpha, the author argues that the Sata administration’s bold new policies to ban the use of U.S. dollars in domestic transactions while rebasing...

» Read More

New Minimum Wage Law May Drive Up Inflation

The Zambia Consumers Association (ZACA) says more companies are expected to increase prices of food and other goods and services to ease the costs associated to production following the increase...

» Read More

Zambia’s Copper Production Decreased in 2011

After reaching its highest levels since 1973 just two years ago, last year copper production in Zambia slightly decreased at the end of the year following the presidential elections. According...

» Read More

Zambia’s Fuel Shortage Persists

The Zambian government has directed the management of Tanzania Zambia Mafuta pipelines, or Tazama, to step up crude oil pumping to the country’s sole oil refinery on the Copperbelt province...

» Read More

Labour Minister Says Employers Must Apply for Permission to Fire Workers

Labour and Social Security Minister Fackson Shamenda has said that employers who will lay off workers as a result of the increase in the minimum wage without the approval of...

» Read More

TOPICS