Energy expert Johnstone Chikwanda has projected that government will lose about 1 billion United States Dollars in uncollected revenue by the end of 2022 as a result of the continued extension of the fuel subsidies. Mr. Chikwanda states that in as much as government’s decision to extend fuel subsidies for another three months as announced by Energy minister Peter Kapala ...
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NO detected cases of Delta and Lambda COVID- 19 variants in Zambia- MOH
The Ministry of Health has dismissed as false social media reports suggesting that the new and more vicious COVID-19 delta and Lambda variants have been detected in Zambia. And Zambia recorded an estimated 37,799 new HIV infections in 2021 of which 11,000 involved those aged between 15 and 24,while 180,535 individuals were put on ARVs. Giving an update on the ...
Read More »Govt says it has completed procurement for the supply and delivery of essential medicines
Government says it has completed procurement for the supply and delivery of essential medicines and medical supplies budgeted at over 217, million kwacha of which delivery is expected to commence this month. Acting Health Minister Ambrose Lufuma says an additional procurement for the supply and delivery of essential medicines budgeted at over 181, million kwacha is underway. Mr. Lufuma says ...
Read More »Stakeholders describe FRA’s maize price as a mockery to farmers
Opposition Leadership Movement Media Director Tatila Tatila says the maize price the Food Reserve Agency (FRA) has announced is a mockery to small scale farmers. The Food Reserve Agency [FRA] has announced that it will buy white maize at the price of one hundred and 60 kwacha per fifty-kilogram bag an increase of ten kwacha from last year’s price. But Mr. Tatila ...
Read More »Finance minister calls for increased investment from American companies
Finance Minister Situmbeko Musokotwane has called for increased investment from American companies in Zambia. And the minister has stressed the need for the country to have a conducive environment that will enable small and medium scale business men and women to set up locally as opposed to embarking on risky ventures in the diaspora in search for greener pastures. Dr ...
Read More »FRA announces maize price
The Food Reserve Agency [FRA] has announced that it will buy white maize at the price of one hundred and 60 kwacha per fifty-kilogram bag an increase of ten kwacha from last year’s price. Speaking during a press briefing in Lusaka today, FRA Board Chairperson Kelvin Hambwezya says the agency undertook a process of crop price scenario analysis and consulted ...
Read More »Economist optimistic of positive outcome from creditors meeting
Economist Lubinda Habazoka is optimistic of a positive outcome from today’s meeting between the government and Zambia’s creditors. Dr Habazoka says it’s the outcome of today’s meeting with creditors that will help the country achieve it’s economic goals. He has stressed the need for Zambia to grow capacity to generate revenue to be able to pay off the debt. Dr ...
Read More »Delayed IMF programme will have implications on the 2022 national budget-Ziba
Action Aid Zambia has expressed concern over the implications the delayed IMF programme will have on the 2022 national budget and ultimately the state of the economy. Finance Minister Situmbeko Musokotwane today said he has no apology to make for failing to deliver an IMF program this monthend as earlier promised. In a statement, Action Aid Zambia Country Director Nalucha ...
Read More »Musokotwane refuses to apologize for failing to deliver an IMF program this month
Minister of Finance and National Planning Situmbeko Musokotwane says he has no apology to make for failing to deliver an International Monetary Fund -IMF program by this month. Early this year, Dr Musokotwane indicated that he expected an IMF programme to be concluded by the end of June. But speaking during a GRZ-IMF Media engagement, Dr. Musokotwane says the set ...
Read More »Media Owners demand for the immediate withdrawal of ZAMEC bill
The Media Owners Association of Zambia (MAOZ) has demanded for the immediate withdrawal of the Zambia Media Council (ZAMEC) bill that has been resubmitted to the Ministry of Information and Media by the Media Liaison Committee (MLC) The association says the final draft of the ZAMEC bill has a number of clauses that are detrimental to the development of the ...
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