JUSTINAH MUKUKA Lusaka RURAL Electrification Authority (REA) has signed memorandums of understanding (MoUs) with eight local authorities in Western Province for power projects under Constituency Development Fund (CDF). The councils…

LOGIC LUKWANDA Lusaka NATIONAL Pension Scheme Authority (NAPSA) has signed the $300 million funding and investment agreement for the rehabilitation and upgrade of the US$650 million 372-kilometre Lusaka-Ndola road to…

NEW YORK/LUSAKA - Zambia is working to finalise a long-delayed debt restructuring that would give it “headroom” to attract investment and jump-start economic growth, a senior government official said. Negotiations…

KABANDA CHULU, THERESA KALENGA Lusaka PRESIDENT Hakainde Hichilema says Zambia will continue strengthening collaboration and promoting innovation because they are essential to growing the country’s mining sector aimed at creating…

KABANDA CHULU Lusaka ZESCO Limited managing director Victor Mapani says the power utility has taken back 100 megawatts (MW) from the 420MW that is normally exported to help mitigate the…

BUTTYSON KANDIMBA Solwezi ZAMBIA Chamber of Mines (ZCM) president Godwin Beene has called on mining companies operating in the country to invest in legacy projects that will have a lasting…

JUSTINAH MUKUKA Katete TO HELP the nation cut down on banana imports, the Zambia National Service (ZNS) will use some of the over 600 Black Mamba recruit soldiers to undertake…

CLAVER MUTINTA Lusaka THREE non-governmental organisations (NGOs) have been given grants worth US$1.6 million by the Japanese government to facilitate implementation of projects aimed at improving health service delivery in…

NKOMBO KACHEMBA Lusaka GOVERNMENT has signed a US$10 million partnership support agreement and project charter with TradeMark Africa to upgrade infrastructure at Nakonde One Stop Border Post (OSBP). The project…

LONDON/NEW YORK - A group of Zambia’s international bondholders has signed a non-disclosure agreement with the Government to discuss a US$3 billion debt restructuring proposal, three sources familiar with the…