Economy
Relief for businesses, homes as load-shedding set to drastically reduce, with recall of 100MW of power from export
Government says load-shedding hours are expected to significantly reduce after ZESCO recalls an additional 100 Mega Watts (MW) of power from the ...
Economy
‘Zambia not alone,’ Govt claims 15 SADC countries are in electricity generation deficit
Green Economy and Environment Minister, Mike Mposha, has claimed that 15 countries in the Southern African Development Community (SADC) region are experiencing power ...
Economy
World Bank pledges $600 million for Zambia’s social protection programmes
The World Bank has pledged approximately US$600 million to support Zambia’s social protection programs. This commitment aims to bolster initiatives that drive productivity, ...
Economy
Katungula calls on Financial Intelligence Centre to probe Forest Concession Holding Companies
Immediate past Forest Institute of Zambia (FIZ) General-Secretary, Chaliafya Katungula, has called on the Financial Intelligence Centre (FIC) to zero in on Forest ...
Economy
Access Bank to establish Caribbean presence, says Chairman, Aig-Imoukhuede
Access Holding PLC, one of Africa’s largest banks, has announced plans to establish a branch in the Caribbean island, aiming to deepen trade ...
Economy
SMEs get K200,000 financing support from Standard Chartered Bank Zambia
About K200, 000 financing has been reportedly made available by the Standard Chartered Bank Zambia to support the growth and advancement of Small ...
Economy
Tanzania Zambia Railways Authority to suspend passenger train till further notice
Tanzania Zambia Railways Authority(TAZARA ) has announced the suspension of operations of passenger train until further notice, citing operational challenges. A statement from ...
Economy
Afreximbank extends US$100-million trade finance facility to Democratic Republic of Congo’s Rawbank
A US$100 million trade finance facility deal has been sealed in Nassau, Bahamas between the African Export-Import Bank (Afreximbank) and Rawbank. The bank ...
Economy
Afreximbank reports 74.2% rise in gross revenue, as 2023 figures hit $2.6 billion
The African Export-Import Bank (Afreximbank) has reported robust growth despite economic challenges, registering US$2.6 billion in gross revenue for the year ended 31 ...
Economy
UN conference in Addis Ababa calls for enhanced financing to achieve SDGs in Africa
The United Nations Conference Centre (UNCC) Integrated National Financing Frameworks (INFFs) has opened in Addis Ababa, Ethiopia, focusing on mobilizing and utilizing financial ...