The Jesuit Centre Theological Reflection (JCTR) has noted with concern that the 2016 national budget seems to be insensitive and unresponsive to social and economic challenges people are currently facing. The Centre notes in a statement that while a few concessions have been given to sectors like energy to spur growth of the sector and mitigate the current energy deficit, ...

The Zambia Institute for Policy Analysis and Research (ZIPAR) says government will face an uphill battle in raising revenue in 2016 if the current economic conditions do not improve. ZIPAR also foresees a possible derailment of the fiscal consolidation measures announced in the 2016 national budget owing to expenditure pressures arising from a fast-increasing public sector wage bill following the ...

Chambers of Mines of Zambia President Nathan Chishimba says attaining the country’s target for copper production this year is now mere academic considering the crisis Mines are in. Mr. Chishimba says the fact that Mines are now making hard decisions such as placing their operations on care and maintenance; it is a sign that the sector is in distress. He ...

Canada’s Liberal Party has decisively won parliamentary elections, ending nine years of Conservative rule, partial results show. The Liberals, led by Justin Trudeau, are leading in 185 electoral districts. The son of late Prime Minister Pierre Trudeau is now poised to form a majority government, Canada’s CBC and CTV networks predict. Incumbent Conservative PM Stephen Harper – whose party is ...

A Ndola based Clergyman has advised Zambia to desist from making fun of the prayer and fasting the country held on Sunday and the declaration of 18th October as the national day of prayer. Church of God Ministries International Apostle, Chris Mulenga says people should be careful with what they say or risk attracting curses on themselves as God cannot ...

The Zambia Council for Social Development (ZCSD) has appealed to President Edgar Lungu to avoid giving directives that will suppress the budget. ZCSD Executive Secretary Lewis Mwape says much as traditional leaders deserve an increment in their allowances, it is important that the increments pass through the due process of negotiations. And Mr. Mwape says government should also look at ...

Government says it is alive to the reality that Zambia needs to have its own oil and gas reserves. Mines Deputy Minister Richard Musukwa says having oil and gas reserves is what will help improve the country’s cost profile of many things. He has told Qfm News that Zambia will not only see the price of fuel going down as ...

Former Finance Minister Katele Kalumba is confident Zambia will be able to sail through the current economic turbulent in 2016. Dr. Kalumba says his confidence is based on how the country was able to overcome similar economic challenges between 2000 and 2008. He has told Qfm News that the country will however; require a collective great sense of purpose to ...