Saturday, January 18, 2025

Economy

Inflation up to 6.4%

Reuters reports that Zambia's inflation quickened year-on-year in March, pushed up by higher food prices, while the economy grew slightly more in 2011 than...

President Michael Sata concludes his investment promotion engagements in India

President Michael Sata has today concluded his investment promotion engagements in India.This is according to a press statement made available to the media by...

ZCCM-IH makes $55m payment to State

ZCCM-Investments Holding Plc (ZCCM-IH) has made a part payment of US$55 million towards the pre- privatisation loans owed to Government. The group has also...

President Sata invites MOHAN EXPORTS to setup a Tractor Assembly plant in Zambia

Zambia's President Michael Sata today held an investment meeting with Business Executives from MOHAN EXPORTS, an internationally renowned agricultural-equipment manufacturer that is prepared to...

Zambia copper investment tops US$5b

Investment in copper mining in Zambia has generated US$5 billion in the past decade, according to the general manager of the country’s Chamber of...

Bank of Zambia to introduce interest rate Benchmark in April

The Bank of Zambia has announced that it would introduce a benchmark interest rate called the Bank of Zambia Policy Rate from the beginning...

Zambia signs a US$15.8million economic and technical corporation grant with China

Zambia has signed a US$ 15.8 million dollars economic and technical corporation grant agreement with China. China and Zambia on Monday signed bilateral agreements in...

World Bank to hand over names of Zambian officials who received bribes over ZESCO deal in 2002

The world bank has said that it will soon hand over to the Zambian government details and names of senior government officials in...