Wednesday, November 20, 2024

Economy

RB welcomes AGOA extension

President Banda has welcomed the US government's Intention to extent the AGOA beyond the year 2015 to 2025. President Banda says Zambia also supports the...

Regional integration key for America,Africa-Mutati

Commerce, Trade and Industry Minister Felix Mutati has said there was need to consolidate regional integration between the American and African continents. Mr. Mutati noted...

US firm promise to set up a solar equipment manufacturing plant in Zambia

A United States of America (USA) firm will heavily invest in Zambia's energy industry by setting up a solar equipment plant in Zambia. Wise...

US firm and Zambia’s Freshpikt Limited to sign a US$42 million deal for Tomato processing

PS International of the United States and Freshpikt Limited are expected to sign a letter of intent for a joint venture to invest US$42...

Russia, Zambia seal a US$28 million fertiliser project for Kapiri Mposhi

A RUSSIAN company, Agribiotech International Limited, will this year set up an organic fertiliser manufacturing plant in KapiriMposhi which is expected to create 3,000...

Zambia among the top four high-performing African countries-IMF

THE International Monetary Fund (IMF) has rated Zambia among the top four high-performing African countries, with a projected influx of US$10.4 billion from exports...

Mine tax being used for roads-Finance Minister

Finance Minister, Situmbeko Musokotwane says Government has raised 800 billion Kwacha in taxes from mining companies. The money is now being used to rehabilitate township...

40 bridges to be built on Mongu-Kalabo stretch

FORTY concrete bridges will be built on the 35 kilometre Mongu-Tapo-Kalabo stretch, instead of the initial plan of putting up bailey bridges across the Zambezi plain. The construction of the K1.25 trillion Mongu-Kalabo road is one of Zambia’s most expensive undertaking in road infrastructure development and the change of the engineering design is meant to put in place a durable and strong engineering design.