Economy
Zambia Development Agency records nearly US$40 Billion in committed investments
The Zambia Development Agency (ZDA) has marked the culmination of 2023 by announcing an impressive achievement in the realm of investment, with nearly US$40...
Economy
Kariba Dam Announces Lower Water Levels Impacting 2024 Power Generation Plans
The Zambezi River Authority (ZRA) has revealed that approximately 16 Billion Cubic Meters (BCM) of water have been earmarked for power generation operations at...
Economy
Decision Pending on Sugilite Mining in Muombe Mine, Chembe District
The government is on the verge of making a crucial decision regarding the potential mining of Sugilite at the Muombe mine in Chembe District,...
Economy
International Holdings Resources new owners of Mopani mine
 International Holdings Resources (IHR) is the new investor in Mopani Copper Mine and is expected to pump in US$1.1 billion dollars in the mining...
Economy
Nitrogen Chemicals to build US$ 6 million blended fertilizer plant
Nitrogen Chemicals of Zambia (NCZ) will next year embark on the construction of a fertiliser blending plant at an estimated cost of US$6 million.
 Speaking...
Economy
Angola Announces Withdrawal from OPEC Amid Output Quota Dispute
Angola has declared its departure from the Organization of the Petroleum Exporting Countries (OPEC) following a dispute over output quotas. The decision comes after...
Economy
Don’t Blame Government On Kwacha Fall – Former BOZ Governor Christopher Mvunga
Christopher Mvunga, the former Governor of the Bank of Zambia (BOZ), has asserted that blaming the government for the depreciation of the Kwacha is...
Economy
IMF Disburses US$187 Million To Zambia
The International Monetary Fund (IMF) Executive Board has completed its second review of Zambia's Extended Credit Facility (ECF), resulting in the disbursement of approximately...