Economy
Settlement of $24 million debt owed Mozambique raises hope for improved electricity supply
Zambia is next week expected to start importing power from Mozambique as ZESCO will be able to pay back the US$24 million debt ...
Economy
Manufacturers cry out over hike in fuel price
Zambia Association of Manufacturers (ZAM) has said the recent increase in fuel prices raises serious concerns because it is a key input for ...
Economy
Standard Chartered, UNDP partner to promote 2030 SDGs
A partnership aimed at promoting collaboration on sustainable finance and advancement of Sustainable Development Goals (SDGs) in Zambia has been signed between Standard ...
Economy
Zambia’s millet production drops by 33%, India offers expertise
Zambia’s millet production has declined to 39,095 tonnes in the 2021/22 farming season from 58,859 tonnes the previous season. According to the crop ...
Economy
Zambia airport records 1.6m passengers in 2022, targets 1.9m in 2023 amid risks
The Zambia Airports Corporation Limited (ZACL) has recorded a significant increase in passengers statistics for 2022 due to the opening of the economies ...
Economy
Zambia to benefit from African Development Bank programme targeting women in agric
Zambia is among the beneficiaries of a new special fund to support Africa’s Small and Medium-Sized Enterprises (SMEs) in the agriculture sector. This ...
Economy
17 millers receive cheap maize, as govt battles to force down prices
The Food Reserve Agency (FRA) has offloaded cheap maize to seventeen millers across Zambia in an effort to curtail the prevailing high cost ...
Economy
Bank of Zambia moves to prevent further fall in Kwacha value, as poor run persists
The Bank of Zambia (BoZ) has acted to address Kwacha volatility by adjusting the minimum statutory ratio on both local and foreign currency ...
Economy
UNECA seeks private sector participation in development of special economic zones in Southern Africa
The United Nations Economic Commission for Africa (UNECA) has called for increased private sector participation in the implementation of Special Economic Zone for ...
Economy
Indo Bank boosts transport sector with extension of auto finance loans, as credit portfolio hits K4 billion
An agreement meant to boost the participation of local transporters in the economy has been signed between Indo Zambia Bank (IZB) and Massbreed ...