Thursday, December 26, 2024

Economy

Kwacha Hits Record Low Against US Dollar Amid Economic Challenges

The Kwacha, plummeted to a historic low against the US dollar on Wednesday, reaching 27.30 to the dollar. This significant depreciation comes amidst a...

ZESCO Commences Importation Of Power

The Zambia Electricity Supply Corporation (ZESCO) limited has commenced the importation of electricity to supplement the national power supply. ZESCO Spokesperson Matongo Maumbi said effective...

Government Clarifies Fuel Hike

Chief Government Spokesperson Cornelius Mweetwa has castigated the United Kwacha Alliance (UKA) that has continued to politicize the continued fuel fluctuations alluding it to...

Zambia National Farmers Union Concerned Over FRA’s Maize Pricing Strategy

The Zambia National Farmers Union (ZNFU) has expressed its concerns regarding the pricing strategy of the Food Reserve Agency (FRA) for maize, amid ongoing...

Drought-stricken Zambia turns to Uganda for 0.5m tonnes of maize

Lusaka banned the exports of maize grain and flour in February, following a prolonged dry spell that has adversely impacted the production of the...

FAO warns of maize shortfall across Southern Africa

Recent weather trends associated with El Niño have decimated harvest prospects and point to rising prices and import needs Rome – Cereal production prospects in Southern...

Ministry Of Mines Paul Kabuswe Commends New Investor At Mopani Copper Mines

The Ministry of Mines and Minerals Development has expressed gratitude to the new investor, International Resources Holding (IRH) for the commitment to Mopani Copper...

Over 6,000 Metric Tonnes of Early Maize Delivered to FRA

In a significant boost to Zambia's efforts towards food security, commercial farmers have delivered over 6,000 metric tonnes of early maize to the Food...