By CHATULA KANGALI – THE Industrial Development Corporation(IDC) is set to launch the country’s first ever wealth fund to generate more than $1.6 billion next year as part of its 2024-2035 strategic plan.This initiative aims...

By KETRA KALUNGA – PricewaterhouseCoopers (PwC), an accounting firm has described the K217 billion proposed 2025 national budget as ambitious despite the country’s current economic conditions.Country Senior Partner Andrew Chibuye says the budget is ambitious...

By JESSICA SIBANDA – GOVERNMENT has flagged off the redeeming and distribution of inputs under the E-Voucher system for Lusaka Province for the 2024/2025 farming season.Lusaka Province Permanent Secretary Robert Kamalata said the Government remained...

By JAMES KUNDA – VICE-PRESIDENT W.K Mutale-Nalumango says K246.6 million has been set aside in the 2025 National Budget for the Disaster Management and Mitigation Unit (DMMU) to carry out disaster and humanitarian operations management.Ms...

By CHUSA SICHONE – THE European Union (EU) has resumed its budget support to Zambia, which it withdrew 10 years ago, with an initial disbursement of about K600 million.EU’s decision was prompted by the Government’s...

By JOSEPH BANDA – ZESCO Limited has undertaken that following a recent 400 Mega Watt power import deal with ESKOM South Africa, and the coming online of 300 Mega Watts at Maamba Energy Limited, load-shedding...

By CHATULA KANGALIZCCM-Investment Holdings (ZCCM-IH) has recorded a staggering profit of K55.32 billion in the half year ending June 30 this year.The company has attributed the profit to the US$1.1 billion capital investment by International...

By CHUSA SICHONETWENTY-EIGHT people of Mkushi and Serenje districts in Central Province have been arrested for operating unregistered pharmacies and agro-veterinary shops.This followed an operation which the Zambia Medicines Regulatory Authority (ZAMRA) conducted in collaboration...

By HANNOCK KASAMA – MAGISTRATES and Judges Association of Zambia President Mwamba Chanda has refuted allegations that she is mobilising judges countrywide to down tools following the suspension of three Constitutional Court Judges.Ms Justice Chanda...

By JAMES KUNDA – THE Energy Regulation Board (ERB) has revised downwards petroleum pump prices for the month of October, 2024.ERB board chairperson James Banda said in a statement issued in Lusaka yesterday that Petrol...