Category: Business

ISSUED BY: Chileshe Kandeta Spokesperson MINISTRY OF FINANCE (MoF) IN a letter addressed to Finance Minister Dr BWALYA NG’ANDU, International Fund for Agriculture Development (IFAD) Regional Director for East and Southern Africa SARA MBAGO-BHUNU has announced that Zambia is one of 59 selected countries that will benefit from IFAD’s newly established Rural Poor Stimulus Facility. Dr. MBAGO-BHUNU has also communicated that as a contribution to Zambia’s handling of economic challenges beset on rural communities by the Covid-19 pandemic, IFAD will initially give Zambia, K18.5 million.   IFAD has put in US$40 million of its own funds as seed money for...

REPUBLIC OF ZAMBIA Speech By His Excellency Dr. Edgar Chagwa Lungu, President of The Republic of Zambia, at The Handover of The Ministry Of Home Affairs Housing Project Housing Units to The Zambia Correctional Service in Monze, Southern Province Saturday, 4th July, 2020 State House Lusaka     The Minister Of Home Affairs, Hon. Stephen Kampyongo, MP; The Minister For Southern Province, Hon. Dr. Edify Hamukale, MP; The Provincial Chairperson, Patriotic Front, Southern Province; Permanent Secretaries Present; Commissioner General, Zambia Correctional Service; The District Commissioner, Monze; Senior Government Officials; All Senior Officers, Superior And Subordinate Officers In The Zambia Correctional Service; Distinguished...

    THE ECONOMICS ASSOCIATION OF ZAMBIA Thursday – 18th June 2020 FINANCIAL LOSSES ARISING FROM THE EXPIRED BULK SUPPLY AGREEMENT (BSA) BETWEEN ZESCO AND CEC FOR ZESCO As Economics Association of Zambia, we have been carefuly studying the issue surrounding the BSA between ZESCO and CEC. It should be noted that we enjoy warm relationships with both companies and pronouncements that have been made in the energy sector the past few years have been very encouraging because they promote win win situations for all players in the energy sector including ZESCO, CEC and above all the Zambian people who...