Sunday, November 17, 2024

Economy

Good news: ZESCO completes refurbishment work at Kariba , load-shedding to significantly ease

Zesco has completed the refurbishing and upgrading of generator number four at Kariba North Bank Power Station which has added 180 megawatts (MW) electricity...

Government gets US$50 million loan from ADB

The Zambian government and the African Development Bank (ADB) have signed a US$50 million loan which will be used to support the Itezhi-Tezhi hydro...

Sichinga says PF manifesto is paying off

Commerce, Trade and Industry Minister Bob Sichinga has said the Patriotic Front (PF) government’s manifesto is bearing fruits which many Zambian have started benefiting...

Mkushi investor uses gun shots to evict locals

Residents of Chibwemkunga area in Mkushi district have called on Government to take immediate action against a named land investor for allegedly intimidating the...

Discipline to reign at CEEC, says new Director

The Citizens Economic Empowerment Commission (CEEC) has pledged to carry out its operations in accordance with the current government’s manifesto. CEEC Director General Likando Mukumbuta...

TAZARA announce purchase of six new Diesel Electric locomotives from China

The Tanzania Zambia Railway Authority (TAZARA) has announced the purchasing of six new Diesel Electric (DE) mainline locomotives from China and the re-commissioning...

ZCCM-IH profits soars

The ZCCM Investment Holdings (ZCCM-IH) posted an operating profit of K530 billion in 2011 from K47 billion in 2010, due to favorable economic environment...

Mealie meal, Cement shortage rocks Kabwe

A critical shortage of mealie meal and cement has rocked Kabwe District, the Provincial Headquarters of Central Province. ZANIS reports that long queues where noted...