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Finance Minister Alexander Chikwanda this afternoon presented a K32.2 trillion budget to parliament for 2013. This translates into 26.6 percent of the Gross Domestic Product (GDP). Mr Chikwanda said a total of K24.7 trillion or 76.8 percent of this expenditure will be financed by raising domestic revenues while K1.5 trillion or 4.6 percent would be […]

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PRESIDENT Michael Sata is concerned with the low number of Japanese tourists coming to Zambia. And President Sata has invited Japanese investors to consider investing in Kawambwa Tea Company in Luapula Province. ZANIS reports that speaking in Tokyo, Japan today when he met that country’s Prime Minister Yoshihiko Noda, President Sata said the number of […]

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RAIN seed provider, Seed Co has said the growth and sophistication of fake seed grain is posing a serious food security risk to the country which has recently made significant gains in the agriculture sector. Speaking in an interview in Lusaka, Seed Co public relations and communications manager Marjorie Mutemererwa said the growth in the […]

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Indeni shuts down

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Government has announced that Indeni petroleum refinery in Ndola on the Copper-belt Province will be shut for 21-days effective from tonight. Ministry of Mines, Energy and Water Development Permanent Secretary (PS), George Zulu, says the shut-down effective mid-night October 7th to 28th  October is to facilitate routine maintenance repairs. Mr Zulu assured that nation that […]

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Angry Mpulungu farmers today besieged the office of the District Commissioner demanding that government pays them for the maize they supplied the Food Reserve Agency (FRA) last August. The farmers who on Monday threatened to lock up the offices of the DC’s and District Agriculture Coordinator (DACOs)  if they were not paid by today, were […]

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The National Budget for next year is expected to be presented to Parliament next Friday, the 12thof October, 2012. This is according to a statement released to Zambia News and Information Services (ZANIS) in Lusaka this afternoon by Ministry of Finance Public Relations Officer, Chilshe Kandeta. The statement states that Finance Minister, Alexander Chikwanda will […]

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Irate farmers in Mpulungu have given government up to Wednesday this week to be paid their money for maize supplied to the Food Reserve Agency-FRA. The farmers who stormed the office of the district commissioners office have warned that they will lock up the offices of the DC and the Agriculture Co-ordinator if  the FRA […]

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President Michael Sata has taken over Road Development Agency (RDA) from Works and Supply saying it will now be under his office. He said this when he launched the link Zambia 8000 road project that is estimated to cost of K28.4 trillion. “I am removing RDA from Works, they will now report to me because […]

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The Drug Enforcement Commission (DEC) has arrested a 30 year old maid of Lusaka for being in possession of US$700 counterfeit notes. DEC Public Relations Officer Samuel Silomba says the maid identified as Rose Nikisi of Ng’ombe Compound was on September 12 found in possession of the counterfeit notes which she presented to a named […]

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Zambia will invest $120 million to revamp a railway line linking Africa’s top copper producer with South Africa to move transport from road to rail, its finance minister said on Friday. Zambia exports the bulk of its copper through the port of Durban in South Africa, but most mining companies transport the metal by road […]

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