FRA will buy maize at K65 for a 50kg bag
180 ViewsAnnouncing the price this morning in Lusaka, FRA Board Chairman Joe Simachela says the price was arrived at after several consultations with various stakeholders. Simachela has however clarified that the K65 is not the floor price but the price at which the agency will buy the crop from farmers. And Simachela has indicated that […]
238 ViewsThe IMF says the talks remain frozen because the Zambian government’s borrowing plans compromised the country’s debt sustainability. But IMF said it will be engaging with the Zimbabwean government as well as providing policy advice and technical assistance. IMF Communications Director Gerry Rice was responding to a question on the current position between IMF […]
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627 ViewsThe Common Market for Eastern and Southern Africa (COMESA) heads of state summit has appointed Zambia’s former Deputy Minister of Finance Chileshe Kapwepwe as the new Secretary General, replacing Sindiso Ngwenya. She becomes the first woman to serve as COMESA Secretary General. The Common Market for Eastern and Southern Africa (COMESA) is a free […]
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403 ViewsThe Zambia Compulsory Standards Agency (ZCSA) is investigating a Mazoe drink that is suspected to be contaminated in a bid to ensure the safety of consumers in the country. ZCSA Spokesperson Lee Haamunji says the agency will carry out its mandate to ensure that the product is safe for human consumption, because the agency also […]
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907 ViewsZambia leader, President Edgar Lungu is now reaching out to China for help on how to mitigate the debt crisis facing his country. President Lungu who has failed broker up a deal with the International Monitory Fund (IMF) has turned to China for help. The Zambian leader will be dispatching a team of Ministers […]
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376 ViewsPresident Lungu has also confirmed the development in a statement below after meeting the Chinese Ambassador to Zambia. I met the Chinese Ambassador to Zambia Mr Li Jie and discussed a broad range of bilateral cooperation mainly focusing on economic cooperation between our two countries. Ambassador Li assured me of China’s continued cooperation and […]
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287 ViewsBusiness conditions in the private sector maintained an upward trend at the close of the second quarter of 2018 according to the latest Stanbic Purchasing Managers’ Index (PMI). The June PMI posted a headline reading of 51.9, down from 52.3 the previous month. Despite easing slightly from the previous survey period, the PMI signalled […]
Continue reading …You Can’t Ban tobacco Farming Which Brings In More FOREX Than Copper Without For Health Reasons – Chilufya
July 10, 2018 No Comment
1303 ViewsA tobacco farmer has called on the Ministry of Health to distance itself from discussions surrounding the tobacco industry as they have proven to have little knowledge and no capacity to adequately deal with issues related to the industry. Speaking during “Let the People Talk” radio program where he featured with Tobbaco Board of […]
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1847 Views“In mid-1987, the Agricultural Finance Company (AFC) was dissolved and Lima Bank took over all the assets and liabilities of both the AFC and Zambia Agricultural Development Bank (ZADB). Amongst the assets were a large number of members of staff and a huge stock of bad debts. This was because AFC had relaxed its […]
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669 ViewsState owned telecommunications company Zamtel has announced that it will allow its customers to make free Zamtel to Zamtel calls from Saturday 22:00 Hours to Sunday 12 Hours. This was after the company suffered a major service outage at about 02:30 Hours on Friday which disrupted its mobile voice and mobile data services countrywide. […]
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