Economy
World Bank approves $100 million facility to strengthen Zambia’s nature-based economy
The World Bank (WB) has approved a $100 million credit to strengthen Zambia’s nature-based economy and increase economic opportunities in emerging tourism destinations ...
Economy
AfCFTA to unlock investment opportunities in automotive industry
The African Continental Free Trade Area (AfCFTA) will unlock several opportunities for African and global businesses in the automotive industry to seize. The ...
Economy
Health firm expands operation, invests K7 million in Lusaka Economic Zone
A local firm, Umoyo Natural Health Limited has reportedly expanded its operations into the Lusaka South Multi-Facility Economic Zone (LSMFEZ). According to LSMFEZ ...
Economy
Forestry corporation, ZAFFICO, invests K55 million in creosote treatment plant
The Zambia Forestry and Forest Industries Corporation (ZAFFICO) has announced an additional investment of about K55 million into creosote treatment line and a ...
Economy
Policy institute calls on Zambia’s official creditors to disclose stance on country’s debt relief quest
The Zambia Institute of Policy Analysis and Research (ZIPAR) has called on the country’s official creditors to transparently clarify their position on debt ...
Economy
Manufacturers propose 20% hike in surtax on imported cement bags
Zambia Association of Manufacturers (ZAM) has implored government to increase surtax on imported cement bags to 20 percent from the current 10 percent ...
Economy
Initiative to boost horticulture value chains in COMESA region launched, receives $5m from Gates Foundation
The Common Market for Eastern and Southern Africa (COMESA) -Eastern Africa Community (EAC) Horticulture Accelerator (CEHA) has been launched to facilitate the modernisation, ...
Economy
Kitwe-based firm fraudulently claims K458,000 VAT, to undergo trial for financial crimes
A Kitwe-based taxpayer who fraudulently recovered K458,000 Value Added Tax (VAT) has been found with a case to answer on false returns and ...
Economy
Chamber for small businesses wants industrial yards to evolve into business incubation centres
Zambia Chamber of Small and Medium Business Association (ZACSMBA) says industrial yards being established by the government across the country should be used ...
Economy
Musonda decries failed post privatisation mining policies, as FQM set to restructure operations
James Musonda, a policy analyst, has accused some mining firms of abusing the government’s acclaimed generosity towards mining firms. He amalso said the ...