economy

economy

FQM Pays ZCCM-IH $110 Million From $4.7 Billion Profit

FQM Pays ZCCM-IH $110 Million From $4.7 Billion Profit

Africa-Press - Zambia. ●In 2022, President Hakainde Hichilema directed that ZCCM-IH convert its 20% dividend rights in Kansanshi Mining PLC to a 3.1% gross...
Government Urged to Reveal Gains from Tax Holidays

Government Urged to Reveal Gains from Tax Holidays

Africa-Press - Zambia. Former Commerce Minister in the Patriotic Front (PF) government, Bob Sichinga has challenged the Zambia Development Agency (ZDA) to publicly disclose...
Kostandinos Mwape: Copperbelt Business Leader

Kostandinos Mwape: Copperbelt Business Leader

Africa-Press - Zambia. Nkana 1 Kostandinos Morianos Mwape: A Business Leader Rooted in the Copperbelt, Ready to Serve Born in 1968 at Kitwe Central Hospital, aspiring Member...
Household goods pledged as loan collateral double in 2025

Household goods pledged as loan collateral double in 2025

Africa-Press - Zambia. ZIMBABWEANS are increasingly pawning everyday household goods to secure loans, with registrations more than doubling to 5 908 last year from...
Erb Investigates Fast Depleting Zesco Units

Erb Investigates Fast Depleting Zesco Units

Africa-Press - Zambia. The Energy Regulation Board-ERB- says it has started conducting investigations into the fast depletion of ZESCO units. This follows Energy Minister Makozo...
Burkina Faso Gold Boom Boosts Economy and IMF Support

Burkina Faso Gold Boom Boosts Economy and IMF Support

Africa-Press - Zambia. Ibrahim Traoré’s strategy to place gold at the center of Burkina Faso’s economic policy is beginning to show measurable results, as...
ActionAid Zambia Criticizes Finance Minister's Warning

ActionAid Zambia Criticizes Finance Minister’s Warning

Africa-Press - Zambia. ActionAid Zambia Country Director Faides Tembatemaba has criticized Finance Minister Dr. Situmbeko Musokotwane’s warning that economic progress could stall if the...
Mpezeni Rejects Proposed Delimitation Map for Luangeni

Mpezeni Rejects Proposed Delimitation Map for Luangeni

Africa-Press - Zambia. Paramount Chief Mpezeni has rejected the proposed delimitation map which suggested the isolation of some wards in Luangeni and Chipata Central...
Hichilema Expands Nationwide School Feeding Program

Hichilema Expands Nationwide School Feeding Program

Africa-Press - Zambia. President Hakainde Hichilema has declared that no child in Zambia should be forced to stay out of school because of hunger,...
Chingola Businessman Denies Involvement in Mining Fund

Chingola Businessman Denies Involvement in Mining Fund

By Beverly Busanga Subeti   Africa-Press - Zambia. A Chingola businessman has denied claims that he is responsible for empowering local small-scale miners through a US$4...