economy

economy

IMF downgrades Zambia’s economic growth forecast to 2.3 percent

IMF downgrades Zambia’s economic growth forecast to 2.3 percent

Africa-Press - Zambia. Growth in 2024 is now projected at 2.3 percent.Near-term reform priorities should focus on permanent revenue measures and better cash and...
Zambia’s GDP should be about $50billion- Amb. Emmanuel Mwamba

Zambia’s GDP should be about $50billion- Amb. Emmanuel Mwamba

Africa-Press - Zambia. In her submission to a Podcast by the Norwegian-African Business Association (NABA), State House Policy Advisor, Chipo Mwanawasa, stated that Zambia’s...
We may increase load shedding hours sooner than anticipated – Zesco

We may increase load shedding hours sooner than anticipated – Zesco

Africa-Press - Zambia. ZESCO Limited says some parts of the country are experiencing more than eight hours of load shedding due to high power...
TERMINATION OF EMPLOYMENT CONTRACTS FOR OVER 300 WORKERS AT KCM WORRIES CITIZENS FIRST

TERMINATION OF EMPLOYMENT CONTRACTS FOR OVER 300 WORKERS AT KCM WORRIES CITIZENS FIRST

Africa-Press - Zambia. The opposition Citizens First has expressed concern over the termination of employment contract for over 300 employees from Master Mine Service...
TAYALI EXPECTED IN KINSHASA FOR HIGH LEVEL INTER – MINISTERIAL MEETING ON KASUMBALESA & SATELITE BORDER POSTS

TAYALI EXPECTED IN KINSHASA FOR HIGH LEVEL INTER – MINISTERIAL MEETING ON KASUMBALESA &...

Africa-Press - Zambia. MINISTER of Transport and Logistics, Hon. Frank Tayali is expected to arrive in Kinshasa, the Capital of the Democratic Republic of...
I made K10.1m from K15,000 capital in 2 years- PF Intercity Commander 2 tells court

I made K10.1m from K15,000 capital in 2 years- PF Intercity Commander 2 tells...

Africa-Press - Zambia. EVIDENCE in a case Francis Muchemwa, alias Commander II, is facing corruption allegations shows that K10.1 million gross profit made by...
Removal of ERB Bosses is not the solution, reinstate the old prices- Amb. Emmanuel Mwamba

Removal of ERB Bosses is not the solution, reinstate the old prices- Amb. Emmanuel...

Africa-Press - Zambia. Reports indicate that the Minister of Energy, Hon. Peter Kapala has removed Energy Regulation Board Chairperson Eng. Reynolds Bowa and Director...
LET’S TIGHTEN OUR BELTS TIGHTER – ECL

LET’S TIGHTEN OUR BELTS TIGHTER – ECL

Africa-Press - Zambia. ZAMBIANS should tighten their belts even tighter with the latest increase in fuel increase to K36 but if the UPND strongly...
THE ECONOMY IS ON AUTOPILOT- Fred M’membe

THE ECONOMY IS ON AUTOPILOT- Fred M’membe

Africa-Press - Zambia. The sharp jump in the fuel price is rather too much. And this will translate into an unbearable increase in the...
ERB have approved the proposal by ZESCO to increase electricity tariffs for retail customers effective today

ERB have approved the proposal by ZESCO to increase electricity tariffs for retail customers...

Africa-Press - Zambia. The Energy Regulation Board –ERB- has allowed ZESCO to migrate to the 2024 pre-approved multi-year tariffs for domestic consumers effective TODAY,...