Category: Latest News

Economic Watch: China’s economy firmly on recovery track as market expectations improve

Economic Watch: China’s economy firmly on recovery track as market expectations improve


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Economic Watch: China’s economy firmly on recovery track as market expectations improve Source: Xinhua Editor: huaxia 2023-04-17 23:05:00 BEIJING, April 17 (Xinhua) — Multiple signs indicate that China’s economy has been recovering with stronger impetus and improved market confidence since the beginning of this year, and analysts expect more growth potential to be unleashed in the coming quarters. Both foreign trade and credit growth beat market forecasts in the first quarter, and manufacturing activity and consumption continued to pick up, official data has revealed. As the impact of COVID-19 subsided significantly, economic stabilization policies were deployed in advance, China’s economy...

International auto show kicks off in Shanghai


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International auto show kicks off in Shanghai Source: Xinhua Editor: huaxia 2023-04-18 16:14:30 An Audi e-tron GT is displayed at the 20th Shanghai International Automobile Industry Exhibition in Shanghai, east China, April 18, 2023. The 20th Shanghai International Automobile Industry Exhibition kicked off Tuesday at the National Exhibition and Convention Center (Shanghai). The exhibition, also known as Auto Shanghai 2023, is the first A-class international auto show held in China since the country adjusted its COVID-19 response. With 13 indoor exhibition halls, it boasts an exhibition area of more than 360,000 square meters. According to the organizer, about 1,000 enterprises...

Data highlights of China’s economic rebound in Q1

Data highlights of China’s economic rebound in Q1


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Data highlights of China’s economic rebound in Q1 Xinhua | April 18, 2023 China’s economy has sustained recovery momentum in the first quarter (Q1), with major economic indicators showing further signs of improvement. Here are some data highlights released by the National Bureau of Statistics on Tuesday: — China’s gross domestic product expanded 4.5 percent year on year in Q1, picking up pace from the 2.9 percent year-on-year growth in the fourth quarter of last year. On a quarterly basis, the economy increased by 2.2 percent in the first three months. — Production accelerated across sectors, with value-added industrial output,...

Signing of the NAPSA act will improve workers’ lives- BrendaTambatamba


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Ndola, April 18,2023, ZANIS—Minister of Labour and Social Security Brenda Tambatamba says the signing of the Pensions Scheme amendment act No 1 of 2023 into Law by President Hakainde Hichilema demonstrates government’s commitment to the wellbeing of the People. Ms. Tambatamba says President Hichilema has kept his promise by ensuring that workers that contribute to National Pensions Scheme Authority (NAPSA) start accessing a 20 percent of their terminal benefits. She said the people’s lives will now improve as they will have part of their pension’s money to startup businesses. ZAINS reports that the Minister of Labour and Social Services said...

Medicine and Medical Supplies Crisis Press Statement by Economic and Equity Party (EEP)


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By Economic and Equity Party (EEP) CHILUFYA TAYALI EEP PRESIDENT Ladies and gentlemen, I am a bearer of a bad news, to inform you that, we have a crisis caused by the incompetence and corruption of the New Dawn Government. Apart from mealie-meal crisis we have a crisis of medicines and health supplies. This is a serious crisis because many of our people will die due to lack of proper healthcare. Soon after taking over Government, the United Party for National Development (UPND) went on rampage to blacklist a number of our pharmaceutical companies, labeling them to be linked to...

Chipata City Mayor George Mwanza is in Germany exchange visit to Dormagen City 16th to 24th April 2023


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Press Statement  Issued by Lubinda Kashewe First Secretary- Press Zambian Embassy in Berlin, Germany kashewe@zambiaembassy.de Sunday16th April 2023 Berlin, Germany A seven-member delegation led by Chipata City Mayor George Mwanza is in Germany on an exchange visit to Dormagen City from 16th to 24th April 2023. The Mayor of Dormagen City Erik Lierenfeld states in his letter of invitation that the visit will deepen the friendly relationship and strong municipal partnership between the two twinned cities. He says the two cities would like to promote sustainable development in both cities based on the signed twinning agreement. Some of the delegations’ orientation visits will...

Kanchibiya district’s best Constituency Development Fund implementation – Gary Chilala Nkombo


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By Kwilanzi Newspaper Zambia (KNZ) Friday, 11th November, 2022 Minister of Local Government and Rural Development Gary Nkombo has commended Kanchibiya District for being the best in the implementation of the Constituency Development Fund (CDF). Mr Nkombo says Kanchibiya district is on the map so far following the CDF guidelines. He has therefore implored officers to continue to effectively utilise the CDF in a balanced and equitable manner as well as to continue attracting investment now, that are poised to grow economically. The minister said this on Friday, 11th November, 2022, during a Heads of Departments meeting in the Kanchibiya...

Chief Kabinga appeals for electricity


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  Kanchibiya, April 12, 2023, ZANIS—Chief Kabinga of the Bisa people in Kanchibiya District in Muchinga Province has appealed to the government to connect his chiefdom to the national hydro-electricity grid. The chief has bemoaned the lack of electricity connection to Kabinga chiefdom as a sad development. He expressed concern that he does not understand as to why his chiefdom has remained unconnected to the national electricity grid despite several efforts and appeals made to the responsible offices. He told the Zambia News and Information Service (ZANIS) in Kanchibiya today that out of the four chiefdoms in Kanchibiya District only...

ZAMBIAN BREWERIES BOOSTS DIGITAL ECONOMY WITH DONATION OF ICT EQUIPMENT TO ICTAZ    


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News Release FOR IMMEDIATE RELEASE WITH PICTURES Thursday, APRIL 12, 2023   ZAMBIAN BREWERIES BOOSTS DIGITAL ECONOMY WITH DONATION OF ICT EQUIPMENT TO ICTAZ LUSAKA, ZAMBIA – Zambia expects to achieve a digital economy which will be highly dependent on information technology. According to the United Nations Educational Scientific and Cultural Organisation (UNESCO): “To be smart, the digital revolution will need to be inclusive.” ICT has been integrated into the 8th National Development Plan that is set to bring the nation closer to realising Vision 2030- for Zambia to become a prosperous middle-income nation. Therefore, enhancement of digital skills has been...

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