The Ministry of Finance and National Planning has in june 2022, released a total of k1.3 billion for the Constituency Development Fund (CDF), social cash transfer programme, food security pack, and purchase of drugs and medical supplies. Of the Resources released the constituency development fund (CDF) got k605 million for on-going constituency-level capital projects, countrywide. This brings the total of ...

The Annual Inflation for June, 2022 as measured by Zambia Statistics Agency has decreased to 9.7% from 10.2% recorded in may 2022 with the slowdown being mainly attributed to price movements in both food and non-food items.  ZAMSTATS Statistician General Mulenga Musepa says june 2022 overall monthly inflation was recorded at 0.9% from 0.8% recorded in may 2022. He adds ...

National Union for Small Scale Farmers in Zambia (NUSFAZ) Executive Director Ebony Loloji has called on government to create an enabling environment for the small scale farmers in Zambia in order for them to meet the export demand. Mr. Loloji says in most instances, small scale farmers fail to meet the export demand because they do not have the capacity ...

Energy Expert Johnstone Chikwanda says he does not expect any changes to be made to the petroleum products pump prices. Mr. Chikwanda says this is because prices on the global market have not changed in any significant way even though they still remain very high. He notes that the global prices are projected to remain above 100 dollars per barrel ...

The United States Government has announced the launch of the U.S. agency for International Development (USAID) business enabling project, a five-year, $14 million initiative, subject to appropriations, designed to spur economic development in Zambia. The project is specifically focused on the development of rural communities. According to a statement availed to QTV news, the project will generate incentives for private-sector ...

Opposition New Heritage Party Vice President Samuel Kasankha says the announcement by government that stakeholder consultations over amendments to repeal the public order act will commence shortly is beginning to sound like a broken record in the manner it is being repetitive.  Mr. Kasankha says the new heritage party shares no excitement over this announcement because it believed so much ...

Economist Yusuf Dodia has called for more foreign currency to be brought into the economy and to export more as this will help the kwacha to become a strong currency. Mr. Dodia says the kwacha is currently deteriorating to a level where the kwacha is around 16 to 17 kwacha against strong currencies a situation he says seems to be ...

Oil Marketing Companies Association of Zambia says it expects Energy Regulation Board (ERB) to either maintain or reduce fuel prices by 1 to 2 percent in tomorrow’s monthly review. Speaking in an interview, association president Dr. Kafula Mubanga has attributed the projection to a drop in crude oil prices on the international market. Dr. Mubanga states that a reduction in ...

The Governance, Elections, Advocacy and Research services-GEARS initiative has noted with gratitude the peaceful campaigns that have characterized the electoral activities ahead of the two local government by-elections slated for tomorrow, 30 June 2022 in Mongu and Mkushi districts. Organization Executive Director Mcdonald Chipenzi in a statement issued said the new way of conducting and behaving in by-elections seems to ...

Bankers Association of Zambia has welcomed the proposal by the Financial Intelligence Center to limit threshold for cash transactions. The Financial Intelligence Center  (FIC) in its seventh money laundering and terrorist financing 2021 trends report is urging government to consider the introduction of a limit or threshold for cash transactions as there is a threshold of USD$10,000 on reporting cash ...