Monday, December 23, 2024

Economy

Zambia to Establish Investment Company for 30% Stake in Critical Minerals Production

Zambia plans to create an investment company that will hold at least a 30% stake in the production of critical minerals from future mining...

ZESCO Begins Diesel Generator Installation in Lusaka Markets Amid Energy Crisis

ZESCO Limited has commenced the installation of diesel-powered generators at key markets across Lusaka, including Soweto Market, Nyumba Yanga, and Chilenje Market, as part...

Lake Kariba’s Water Levels Plummet, Forcing Hydropower Shutdown in Zambia

Climate change-related droughts have caused a significant drop in water levels on Lake Kariba, severely impacting hydropower generation in both Zambia and Zimbabwe. The...

NAPSA closes the Society Business Park

Hundreds of jobs are on the line following the decision by the National Pension Scheme Authority (NAPSA) to close the Society Business Park (SBP)...

Zambia is back in business

Three years ago this month, thousands of Zambians flocked into Lusaka’s National Heroes Stadium to celebrate the inauguration of President Hakainde Hichilema, whose landslide...

China Luanshya Mine pumps 11million cubic volume of water from Shaft 28

CHINA Luanshya Mine(CLM) has pumped out about eleven million cubic volume of water from the once flooded 28 shaft mine. Luanshya District Commissioner...

New waves of floating exchange rates: Is Africa in “New Structural Adjustment Programmes (NSAPs)[1]”?

Mussie Delelegn (PhD) The key messages from this article are: (a) African countries should learn from their failed past adjustment policies (b) development policies including exchange rate...

Energy Minister Updates Nation on Power and Water Situation

The Energy Minister, Makozo Chikote, held a press briefing to address the nation on the current energy situation, highlighting the challenges and measures being...