Economy
Bank of Zambia approves K5 billion loan facility to boost SME financing
The Bank of Zambia (BoZ) Board has approved a K5 billion loan facility under the Small Business Growth Initiative (SBGI) to enhance access ...
Economy
ZESCO secures $50 million power imports deal with GreenCo, FQM
ZESCO has finalised a significant agreement to secure emergency power imports from South Africa, valued at approximately US$50 million. This move, backed by ...
Economy
Regional integration, policy harmonization key to boosting cotton production —Lwanda
Regional integration and policy harmonization are essential for boosting cotton production, according to the Eastern and Southern Cotton Organisation (EASCO). EASCO Board Chairperson, ...
Economy
Board claims Impact Investment facilitated over $44 million for Zambian enterprises
The National Advisory Board for Impact Investment (NABII) Zambia has facilitated over US$44 million in impact investments for local enterprises across various sectors ...
Economy
World Bank endorses five-year framework for Zambia’s private sector-led growth
The World Bank has approved a new five-year Country Partnership Framework (CPF) to support Zambia’s sustainable private sector-led economic growth, climate resilience and ...
Economy
ERB blames worsening fuel shortages on bottlenecks at the borders, cautions against panic buying
The Energy Regulation Board (ERB) has attributed the ongoing fuel shortages across the country to cross-border and logistical challenges. In a statement released ...
Economy
Development Finance Corporation pledges $40 million to GreenCo for renewable energy in Zambia, others
The U.S. International Development Finance Corporation (DFC) has committed a US$40 million facility to GreenCo, aimed at accelerating renewable energy investment in Zambia, ...
Economy
Kitwe grinds to a halt as petrol shortage worsens
A petrol shortage has hit Kitwe, leaving motorists searching for fuel across the mining town without success. By 16:00 hours on Tuesday, long ...
Economy
Zambia needs data-driven approach to address climate vulnerabilities, says minister Mposha
Zambia must gather empirical data to understand its vulnerabilities and better prepare for the climate challenges the country is facing, authorities have emphasised. ...
Economy
Auditor-General’s report reveals reduction in financial irregularities, unauthorized salary payments
The latest Auditor-General’s presentation on the accounts for the financial year ending December 31, 2023, reportedly shows a significant reduction in financial irregularities, ...
