Economy
Homes, offices to get some relief as ZESCO boosts electricity supply to five hours daily
Zambia’s power utility company, ZESCO, has announced an increase in daily electricity supply from three to five hours following the implementation of an ...
Economy
Zambia, Côte d’Ivoire, Ghana show progress in fiscal consolidation amid regional improvements
Zambia, Côte d’Ivoire and Ghana were among the African countries making significant strides in fiscal consolidation in 2023, with the median primary fiscal ...
Economy
ZANACO tackles load shedding with solar-powered ATMs, branches
ZANACO has announced the implementation of solar power solutions to supply energy to 70 of its ATMs and 16 branches nationwide, reducing its ...
Economy
Survey claims 66% of Zambians describe country as ‘heading in wrong direction’
A new Afro Barometer Survey, conducted by the Institute of Economic and Social Research (INESOR) of the University of Zambia (UNZA) has established ...
Economy
Emergency electricity tariffs take effect Nov. 1, ZESCO claims $15 million spent on power imports monthly
ZESCO Limited has announced that its emergency tariff adjustment will take effect on Friday, November 1, 2024. Company Spokesperson, Matongo Maumbi, stated the ...
Economy
Factories, homes to pay more for diesel in November, as price goes up by K1.21; Price of petrol, jet fuel stay unchanged (video)
The Energy Regulatory Board (ERB) has raised the diesel pump price by K1.21 per liter, bringing it up from K28.90 to K30, while ...
Economy
Zambia partners USAID to boost private sector business environment
Zambia has entered into an agreement with the USAID Business Enabling Project to promote a supportive business environment for the private sector. The ...
Economy
Standards Agency seizes, destroys unsafe electrical items in Lusaka
Seized non-compliant electrical products valued at K42,090 have been destroyed in Lusaka by the Zambia Compulsory Standards Agency (ZCSA). ZCSA seized the items, ...
Economy
Inflation climbs 15.7%, as Zambia suffers K1.3 billion trade deficit
Zambia’s annual inflation rate surged to 15.7 percent in October 2024, driven primarily by rising food prices, according to data from the Zambia ...
Economy
Zambia strengthens economic ties, as Ethiopian firms eye collaboration in manufacturing, trade
More than 40 Ethiopian companies have expressed interest in partnering with Zambian firms in the areas of manufacturing and trade, according to Zambian ...