Wednesday, November 13, 2024

Economy

Government commissions $160m CEC power project

THE Government has commissioned the construction of the first Greenfield, 40 Mega Watts (MW) Kabombo Gorge hydro-power project to cost about US$160 million in...

Africa wins the Square Kilometre Array mandate

A consortium of African nations, headed by South Africa and including Zambia, has won the mandate to host the Square Kilometre Array (SKA) radio...

Creation of districts should be development backed – Mweetwa

The opposition United Party for National Development (UPND) says the creation of new districts will be meaningless if not backed by tangible development. UPND deputy...

Auditor General’s report on parastatals not good

The 2010 Auditor General’s Report on parastatals has been published and it shows glaring irregularities and abuse of funds amounting to over K1 trillion. Some...

TAZARA workers demand K45 million pensions money

Retirees of Tanzania Zambia Railway Authority (TAZARA) in Kapiri Mposhi district have appealed to government to release its budgetary allocation of K45 billion to...

High interest rates killing manufacturing base – Scott

Vice President Guy Scott has cited the high lending rates in the country as a hindrance to the revival of the manufacturing industry. Speaking when...

ACC, DEC engaged to probe CEEC on Loans, less than 40 % of the K169 billion recovered

Two investigative wings have been engaged to probe the manner the Citizens Economic Empowerment Commission-CEEC- issued loans. It has been learnt that less than 40%...

Zambia’s fuel enough

Zambia has sufficient stock of petrol because both TAZAMA and INDENI are operating normally. Energy Permanent Secretary, George Zulu says the country has now attained...