Economy
EU extends €4.5 million aid to Zambia’s Drought Emergency Response programme
The European Union (EU) has announced a contribution of €4.5 million to support Zambia’s drought emergency response, coordinated by the government and its ...
Economy
Govt invites stakeholders to contribute to 2025 National Budget submissions
Finance and National Planning Minister, Situmbeko Musokotwane, has encouraged stakeholders to make submissions towards the 2025 national budget. Musokotwane said the budget would ...
Economy
Water authority raises the alarm, says boreholes in Lusaka West, Makeni, Chongwe, others may dry up
Boreholes with high groundwater pumping rates are likely to dry up in Lusaka Province by August 2024 due to the ongoing drought, water ...
Economy
Musokotwane says govt plans to settle Mopani debt from K41.9 billion supplementary budget
Government says it plans to use part of the funds in the K41.9 billion supplementary budget to settle the debt owed to Glencore, ...
Economy
Bank of Zambia launches Financial Stability Report to avoid speculative behaviour on country’s financial firmness
The Bank of Zambia (BoZ) has launched the first ever Financial Stability Report which will analyse past and current developments in the sector. ...
Economy
Research key to understanding climate change, response strategies, says govt
The government has emphasized the importance of research in deepening the understanding of climate change to inform effective responses. Ministry of Green Economy ...
Economy
ZESCO admits difficulties finding a balance to load-shedding
ZESCO Limited has admitted it was experiencing significant difficulties balancing the available power supply with demand due to the adverse effects of El ...
Economy
Debt restructuring boosts confidence in Zambian economy —Sinda
The Zambian government reports that its ongoing debt restructuring process has significantly bolstered confidence in the economy, drawing Foreign Direct Investment (FDI) particularly ...
Economy
Zambia Development Agency denies granting incentives, land allocation to Vietnamese Investor
The Zambia Development Agency (ZDA) has clarified that it had not granted any incentives to the Vietnamese investor who pledged a US$72 billion ...
Economy
Kang’ombe wants mines compelled to generate own electricity due to rising energy costs
Christopher Kang’ombe, an engineer, has argued that power generated by Ndola Energy Company will be more expensive than ever. Kang’ombe said the facility ...
