Economy
BAT reports 86% profit, to pay dividend of K32 million to shareholders
The British American Tobacco (BAT) Zambia has posted an increase in profit before tax of 86 percent totaling K165.7 million in 2022. This ...
Economy
Zambia’s capital market on the bounce, grows 3% with over K70 billion savings in Q1, 2023
Zambia’s capital market remained resilient in the first quarter of this year, resulting in total savings of over K77.35 billion. The sector’s financial ...
Economy
Zambia set to receive K11.6 million grant from Japan to boost tourism
Zambia is set to receive a K11.6 million grant from Japan to implement a project which will improve the Livingstone museum, in an ...
Economy
AfDB, ILX sign deal to scale up investments, spur institutional investor capital in Africa
An agreement to scale up investments and spur institutional investor capital mobilisation for Sustainable Development Goals and climate-focussed private sector projects in Africa ...
Economy
Revision of electricity tariffs for the poor, fair deal, says energy expert, Chikwanda
Energy expert, Johnstone Chikwanda, says the decision to reduce electricity tariff price by 40 ngwee for medium consumers while placing burden on big ...
Economy
New pensions scheme holds good prospect to improve livelihoods, says FNB
The National Pensions Scheme Authority (NAPSA) partial withdrawal programme will have a positive impact on the economy, as it will inject funds into ...
Economy
National Biosafety Authority denies reports of confiscating mealie meals laced with GMOs
The National Biosafety Authority (NBA) has clarified that it has not confiscated any mealie meal or products which may contain Genetically Modified Organisms ...
Economy
UN experts worry over delays in resolving Zambia’s debt crisis, impact on citizens
Some United Nations (UN) experts are deeply concerned over delays in reaching an agreement on the restructuring of Zambia’s debt and its corresponding ...
Economy
12 construction companies sanctioned, as monitoring agency issues over 8,000 certificates in Q1
The National Council for Construction (NCC) in the first quarter of this year sanctioned 12 construction companies for violating set regulations. According to ...
Economy
Zambia seeks IMF flexibility in quest for $188 million facility, as negotiations with creditors drag
Zambia has resolved to lobby for flexibility from the International Monetary Fund (IMF) to release the US$188 million tranche distribution following challenges it ...