Saturday, November 16, 2024

Economy

There is no shortage of beer in the country-Zambia Breweries

Zambia Breweries plc (ZB) has refuted reports that there is a shortage of beer in the country. Zambia National Breweries Corporate Affairs Director Luke Njovu...

2013 Budget Speech

Finance Minister Alexander Chikwanda this afternoon presented a K32.2 trillion budget to parliament for 2013. This translates into 26.6 percent of the Gross Domestic Product (GDP). Mr Chikwanda said a total of K24.7 trillion or 76.8 percent of this expenditure will be financed by raising domestic revenues while K1.5 trillion or 4.6 percent would be financed from grants from cooperating partners. He said the balance of K5.9 trillion or 18.4 percent of the budget would be raised by external and domestic borrowing.

Zambia better placed for business, investors’ access to larger markets – Sata

President Michael Sata says Zambia is more strategically positioned to provide prospective business and investors’ access to two large regional markets. Addressing chief executives from...

Former BOZ Deputy Director Kalyalya elected as World Bank board member

ALTERNATE executive director of the Africa Group one constituency at the World Bank Denny Kalyalya has been elected as a board member of Bank...

Government committed to reducing hunger and poverty by 2015-Wina

Government says it committed to ending hunger and poverty by the year 2015. Speaking during the Heifer Passing- On- Gifts Ceremony of 40 dairy heifers...

President Sata invites Japanese investors to invest in Kawambwa Tea Company

PRESIDENT Michael Sata is concerned with the low number of Japanese tourists coming to Zambia. And President Sata has invited Japanese investors to consider investing...

Standard Chartered Bank stakes K5 billion for Kwacha rebasing

Standard Chartered Bank Plc has revealed that it has committed about 5billion kwacha towards the rebasing of the kwacha a process which has been...

Government asks for help on how to restock depleted fish stock in Luapula Province

Government has called on the fisheries department in the Ministry of Agriculture and Livestock to come up with well researched information on how Luapula...