Government to revise incentives for investors in the Multi Facility Economic Zones
The government says it is revising incentives for investors in the Multi-Facility Economic Zones to make the hubs more attractive and updated to global trends. Commerce, Trade and Industry Minister, Christopher Yaluma says Government wants to come up with a set of incentives that will stand the test of time […]
Zambia Airways gets closer to hitting the skies
Government has disclosed that Zambia’s aviation sector was projected to grow at the rate of 13 percent per annum before the outbreak of COVID-19, signifying it’s potential to contribute towards the country’s Gross Domestic Product (GDP) and the creation of employment in the country. Transport and Communications Minister Hon Mutotwe […]
Kafue Gorge Lower to pour 300 MW into national grid this year and an additional 450 MW by May 2021
The Kafue Gorge Lower Hydro Power Project will soon be injected in the national grid and may reach 300 mega-watts by the end of the year (2020) before peaking at 750 mega-watts by May 2021. Project Director Wesley Lwiindi told a visiting ministerial delegation that the long awaited hydro-electric energy […]
Policy advocacy support services
Our focus is committed to acting for and on behalf of our chamber members to ensure that their business interests are protected and recognised at all times. Our Policy advocacy is solution-based. Instead of solving a problem for one person at a time, or simply raising awareness about a problem, […]
Minister of Finance to deliver 2021 National Budget on Friday, September 25, 2020
Finance Minister Bwalya Ng’andu is expected to deliver the 2021 National Budget on Friday, September 25, 2020. In his speech, the Minister will address issues related to the global and domestic economy, macro-economic objectives, policies, and strategies for 2021, and the 2021 national budget. Ministry of Finance Spokesperson Chileshe Kandeta […]
ZICTA fines all 3 Zambian mobile network operators for poor quality of service
Zambia Information and Communications Technology Authority (ZICTA) has fined the three Mobile Network Operators(MNOs) Airtel Networks Zambia Plc, Zamtel Limited and MTN Zambia Limited, a total of ZMW5.4 million for failure to adhere to the Quality of Service (QoS) Guidelines issued by ZICTA, in April and June 2020 respectively. Airtel […]
President Edgar Lungu appoints Francis Chipimo to act as Governor
PRESIDENT Edgar Lungu has appointed Bank of Zambia (BoZ) Deputy Governor for Operations Dr Francis Chipimo to act as central bank governor as Christopher Mvunga’s appointment awaits ratification in Parliament. According to a statement released by President Lungu’s Special Assistant for Press and Public Relations, Isaac Chipampe, Dr Chipimo has […]
President Lungu Launches Citizen Entrepreneur Development Program in Nchelenge District
President Edgar Lungu has launched the Citizen Entrepreneur Development Program in Nchelenge District. The program which is an initiative of the Economics Association of Zambia and the African Green Resource is aimed at empowering people with start-up capital so that they can explore resources within their communities. Speaking during the […]
Fall in Food Prices brings down Zambia’s Inflation for the August
Zambia’s annual inflation rate for August has slowed down to 15.5 percent from last month’s 15.8 percent owing to a fall in food prices. Zambia Statistics Agency Interim Statistician-General Mulenga Musepa says the drop in food inflation to 15.5 percent from last month’s 16.1 is owing to a drop in […]
Christopher Mvunga appointed Bank of Zambia Governor
Christopher Mvunga, is new Bank of Zambia Governor, pending National Assembly ratification, he replaces Dr Denny Kalyaya, whose contract has been terminated. Mr Mvunga, is immediate past Deputy Secretary to Cabinet in charge of Finance and Economic Development. Below are the qualifications and past work experience of Mr. Mvunga; Fellow […]