Economy
Budget alignment in focus as Hichilema announces measures to tackle ailing economy
President Hakainde Hichilema has announced that the Cabinet will be taking the 2024 budget for review to address the debt and climate-induced economic ...
Economy
Zambia’s 2024 economic growth projections to drop by almost 50%
Zambian authorities have revised the country’s economic growth forecast for this year, projecting a slowdown to 2.7 percent from the earlier estimate of ...
Economy
PACRA clarifies shareholding for finance minister in govt-backed companies
The Patents and Companies Registration Agency (PACRA) has clarified that it was not mandatory for the Finance and National Development Minister to be ...
Economy
Zambia looses K818 million annually due to illicit alcohol consumption, reports say
Zambia is losing approximately K818 million each year due to the widespread consumption of illicit alcohol, which accounts for 61 percent of the ...
Economy
Economist, Shula, calls for increased agric insurance schemes to cushion impact of weather crisis on farmers
Economist Kampamba Shula has called for increased investments in weather and agriculture insurance schemes to indemnify farmers against bad weather. Speaking during a ...
Economy
Zambia becomes first country to complete full-blown rework under G20-led ‘Common Framework’
Zambia may be on the way to finally drag itself out of debt crisis by clinching deals with the International Monetary Fund (IMF) ...
Economy
World Bank, COMESA launch $5 billion ASCENT project to accelerate clean energy access in Africa
The World Bank and the Common Market for Eastern and Southern Africa (COMESA) have launched the US$5 billion Accelerating Sustainable and Clean Energy ...
Economy
Developing Story: Zambia, IMF Staff-Level Agreement to unlock fourth disbursement of $187 million
Zambia and the International Monetary Fund (IMF) have reached a Staff-Level Agreement, which will trigger the fourth disbursement of about US$187 million upon ...
Economy
Zambia to benefit, as Korean govt reportedly injects $10 billion development assistance into Africa
The Korean government has reportedly expanded its Official Development Assistance to US$10 billion, aimed at catalysing projects for cooperation with Africa, authorities say. ...
Economy
Copper prices projected to remain strong till year end, as cost per tonne reaches $10,016, highest in 2 years
Stanbic Bank has projected that copper prices on the international market will remain strong for the remainder of this year on account of ...
