Finance minister Bwalya Ng’andu says government is in the process of securing an equity partner to operate nitrogen chemicals of Zambia in Kafue district. Dr Ng’andu has told parliament that this is being done through the Industrial Development Corporation (IDC). He says several interested parties are conducting due diligence of the fertilizer manufacturing plant. The finance minister was responding to ...

Barclays Bank Zambia has invested over k71 million in technology systems as its transition process to ABSA reaches an advanced stage. And the bank will next week on Monday launch the first ABSA branch in Lusaka. Speaking at a media briefing in Lusaka, Barclays bank Zambia managing director Mizinga Melu says the bank will this month launch three ABSA branches ...

Zambia and the Democratic Republic of Congo have signed a Memorandum of Understanding that will facilitate the export of 600,000 metric tons of maize and mealie meal to that country. Other products the DRC has requested include wheat flour,rice,cassava,sugar,beans,tilapia,chickens irish potatoes,cokking oil cement,lime and iron sheets. Speaking during the signing of the MOU,Agriculture Minister Michael Katambo says the programme will ...

Patriots for Economic Progress (PeP) president Sean Tembo has hailed as progressive government’s decision to allocate K2.3 billion towards dismantling domestic arrears in the 2020 national budget. Mr Tembo says his party is however, of the view that given that government owes about K18 billion in domestic arrears, the allocation should have been at least K7 billion. He however, states ...

UPND senior presidential advisor Douglas Syakalima says Zambians are overburdening the PF government by expecting too much from them in tackling the challenges the Country is facing. Mr Syakalima says people should recognize that the PF government might in fact not have the capacity to deal with the challenges the country is going through. He says by blaming Climate Change ...