6th-time lucky Hichilema wins the Elections
Since 2006 Hakainde Hichilema has tried to win the elections for president in Zambia, but only now has he been awarded success. His perseverance was commendable, considering the hardship his …
Zambia
Foreign Direct Investments drop by almost 50%
Foreign Direct Investment (FDI) in Zambia fell by almost 50 percent to about US$ 560m in 2018, according to Bank of Zambia (BoZ) governor Denny Kalyalya. Kalyalya said the significant …
President axes Finance Minister
Zambian President, Edgar Lungu, has fired the country’s Finance Minister and replaced her with the central bank’s deputy governor responsible for operations. The Zambian leader said via Twitter last Monday, …
Investment Agency ZDA secures Funds to foster further Trade and Investment
On 19 April Zambia’s investment agency, ZDA, signed a memorandum of understanding (MoI)with a bank aimed at improving cooperation between the institutions in fostering investment and trade in the economy. …
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Sweden to spend € 20m on Renewable Energy Projects
SWEDEN has set aside €20 million to accelerate renewable energy in rural and peri-urban areas. The project is under the Power Africa Beyond the Grid Fund for Zambia (BGFZ), which …
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National Health Strategic Plan taking shape
Zambia’s strategic plan to steer the provision of quality healthcare services to citizens in the next five years is taking more and more shape. The National Health Strategic Plan, which …
Real Estate Sector set for significant Growth
Zambia’s real estate sector is looking forward to a new chapter as it begins to leverage off opportunities in the steadily growing economy. Latest research figures indicate that during the …
Investors’ Confidence improved despite erratic President
Minister of Finance Felix Mutati says Zambia’s investor confidence has improved this year following enhanced economic stability. Mr. Mutati has cited the over three hundred investors from across the globe …
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Inflation Rate slows to 18.9%
Zambia’s inflation slowed to 18.9% year-on-year in September from 19.6% in August, the central statistical office said on Thursday. The monthly inflation rate eased to 0.1% in September from 0.4% …
Economic Growth expected on Back of Copper Prices and slowing Inflation
Zambia’s struggling economy is forecast to pick up next year as copper prices recover and inflation slows sharply, giving the central bank room to cut interest rates, according to a …
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