Economy

Chikwanda UrgesTransparency At Government Procurement Body

Minister of Finance Alexander Chikwanda has called for transparency, efficiency and zero tolerance to corruption at the Zambia Public Procurement Authority (ZPPA). Speaking when he officiated at the launch of...

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Mealie Meal Shortage Hits Zambia, Prices Sky-Rocket as Copperbelt Queue

A shortage of mealie meal, Zambia’s staple food, has hit the Copperbelt Province prompting the price of the commodity to rise in 48 hours. For the first time since the...

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Sata Appoints Aerospace Professor as CEO for Zambia Railways

President Michael Sata has appointed Professor Clive Chirwa as Zambia Railways Limited Chief Executive Officer with immediate effect. Prof. Chirwa replaces Knox Karima who has been retired in national interest....

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Mealie Meal Prices on the Rise in Zambia

The cost of the staple food, mealie meal, in Zambia is again on the rise despite a recent government intervention that sought to control prices. Two months ago, prices of...

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BoZ Says Old Kwacha Will Remain Valid

The Bank of Zambia (BoZ) has advised the business community not to panic with their old Kwacha notes because the deadline for the exchange of the old currency will be...

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Zimbabwe Out-Marketing Zambia on Tourism

Representatives of the Zambian government have dismissed the assessment by the Zambia Institute of Marketing that found that the country is not prepared to host United Nations World Tourism Organisation...

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Zambia Finds ‘Serious’ Engine Fault in Emirates Plane

Transport minister Christopher Yaluma says the Emirates airbus plane that made a u-turn to Kenneth Kaunda International Airport on October 22, 2012, 30 minutes after takeoff had its left engine...

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IMF Gives Zambian Economy Positive Marks

The International Monetary Fund (IMF) says prospects for Zambia’s economy in 2013 look good but has warned that a rise in civil service wages beyond what has been budgeted for...

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Parliament Approves K38 Billion for State House Expenditure

Parliament has unanimously approved a budgetary allocation of K38 to State House under the 2013 national budget. Opening the policy debate on the State House budgetary allocation, vice President Guy...

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PF Mouthpiece, ZNBC, Irks Lawmaker Over Budget Misinformation

MMD parliamentarian Vincent Mwale was Thursday evening irked by the state owned but PF controlled ZNBC over an inaccurate report on the 2013 budget. He has since advised ZNBC to...

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