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Economy

ERB APPROVES 62 LICENSES,8 CONSTRUCTION PERMITS WORTH K11 BILLION
Posted inBusiness & Finance Economy

ERB APPROVES 62 LICENSES,8 CONSTRUCTION PERMITS WORTH K11 BILLION

By Cecilia Chiluba Energy Regulation Board (ERB) has approved 62 licenses and eight construction permits in the petroleum, electricity, and renewable energy sub-sectors with an investment pledge of K11 billion,…
Posted by Cecilia Chiluba May 6, 2025
IMF SUPPORT HAS TRANSFORMED ZAMBIA’S ECONOMY TO POSITIVE UPWARD TRAJECTORY- MUSOKOTWANE
Posted inBusiness & Finance Economy

IMF SUPPORT HAS TRANSFORMED ZAMBIA’S ECONOMY TO POSITIVE UPWARD TRAJECTORY- MUSOKOTWANE

By Cecilia Chiluba Finance and National Planning Minister says the International Monetary Fund (IMF)'s support through the Enhanced Credit Facility (ECF) Programme has transformed the economy from the debt-induced deterioration…
Posted by Cecilia Chiluba May 5, 2025
REVENUE LEAKAGE, NARROW TAX BASES HAVE HINDERED DEVELOPMENT-ZRA
Posted inEconomy Policy & Regulation Tax

REVENUE LEAKAGE, NARROW TAX BASES HAVE HINDERED DEVELOPMENT-ZRA

By Cecilia Chiluba Zambia Revenue Authority (ZRA) says revenue leakage and narrow tax bases have hindered development despite abundant mineral resources. Authority Commissioner General Dingani Banda said it is in…
Posted by Cecilia Chiluba May 5, 2025
PERSISTENT GLOBAL TRADE WAR COULD HEIGHTEN EXCHANGE RATE VOLATILITY- BOZ REPORT
Posted inBusiness & Finance Economy Markets & Stocks

PERSISTENT GLOBAL TRADE WAR COULD HEIGHTEN EXCHANGE RATE VOLATILITY- BOZ REPORT

By Cecilia Chiluba Bank of Zambia’s latest Financial Stability Report has revealed that volatility in the exchange rate could heighten in the near-term, if the global trade war escalates following…
Posted by Cecilia Chiluba May 5, 2025
EAZ PROPOSALS 15% INCREASE IN HEALTH SECTOR BUDGET
Posted inBusiness & Finance Economy

EAZ PROPOSALS 15% INCREASE IN HEALTH SECTOR BUDGET

By Cecilia Chiluba Economics Association of Zambia (EAZ) has urged Government to increase the health sector allocation to at least 15% of the 2026 National Budget. Submitting the 2026 national…
Posted by Cecilia Chiluba May 5, 2025
ZAMBIA MUST REORGANIZE ITS TRADE ARRANGEMENTS TO REMAIN AFLOAT AMID US TARIFFS- CSPR
Posted inBusiness & Finance Economy Markets & Stocks

ZAMBIA MUST REORGANIZE ITS TRADE ARRANGEMENTS TO REMAIN AFLOAT AMID US TARIFFS- CSPR

By Cecilia Chiluba Civil Society for Poverty Reduction (CSPR) has emphasized the need for Zambia to reconfigure and reorganize its trade arrangements to remain afloat amid the new reciprocal tariffs…
Posted by Cecilia Chiluba May 5, 2025
ECONOMIST ATTRIBUTES STABLE INFLATION TO STEADY FLOW OF HARVESTED FOOD
Posted inBusiness & Finance Economy Markets & Stocks

ECONOMIST ATTRIBUTES STABLE INFLATION TO STEADY FLOW OF HARVESTED FOOD

By Cecilia Chiluba An Economist has attributed the stability in annual inflation rate to the steady flow of food on the market being harvested from the farming season. According to…
Posted by Cecilia Chiluba May 2, 2025
HOUSEHOLD DEBT INCREASES BY 4.9%
Posted inBusiness & Finance Economy

HOUSEHOLD DEBT INCREASES BY 4.9%

By Cecilia Chiluba Bank of Zambia’s April 2025 Financial Stability Report has revealed that household debt has increased modestly by 4.9 percent. The debt has increased to K32.8 billion since…
Posted by Cecilia Chiluba May 2, 2025
GOVT IMPLEMENTING REFORMS TO REDUCE COST OF DOING BUSINESS-VEEP
Posted inBusiness & Finance Economy

GOVT IMPLEMENTING REFORMS TO REDUCE COST OF DOING BUSINESS-VEEP

By Cecilia Chiluba Vice President Mutale Nalumango says government is implementing several reforms to reduce the cost of doing business in a bid to support inclusive economic growth. Officiating at…
Posted by Cecilia Chiluba May 2, 2025
ZAMBIA SEEKS INVESTMENT IN DEVELOPMENT OF TOURISM INFRASTRUCTURE AT EXPO 2025 OSAKA, JAPAN
Posted inBusiness & Finance Economy

ZAMBIA SEEKS INVESTMENT IN DEVELOPMENT OF TOURISM INFRASTRUCTURE AT EXPO 2025 OSAKA, JAPAN

By Amos Sikaonga Ministry of Tourism says Zambia is seeking investment in the development of tourism-supporting infrastructure such as hotels, lodges, and transport systems. Permanent Secretary Evans Muhanga said this…
Posted by Cecilia Chiluba May 2, 2025

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