ZAMBIA NEWS

Energy expert projects $1 billion loss in uncollected revenue due to continued extension of the fuel subsidies

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 ...

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 »

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 »

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 ...

Read More »