The Zambia National Farmers’ Union (ZNFU) has urged the Government through the Minister of Finance and the Minister of Agriculture to put priority on releasing of funds to pay farmers for crop marketing and input supply. ZNFU President Jervis Zimba…
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The Ministry of Finance maintains that Zambia’s public external debt as at end of June 2018 stood at US$9.37 billion. Ministry of Finance Head of Public Relations Chileshe Kandeta tells Money FM News that this represents 34.2 percent of Gross…
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The World Bank has warned that without an urgent and concerted global effort to build human capital, vast numbers of people and entire countries are in danger of being excluded from future prosperity. According to the World Bank Brief, the…
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Finance Minister Margaret Mwanakatwe has emphasized that the relationship between Zambia and the International Monetary (IMF) remains intact and healthy. The Finance Minister’s comment comes after IMF Resident Representative to Zambia Dr. Alfredo Baldini has been recalled back by the…
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The Ministry of Finance maintains that the implementation of developmental projects cannot be affected by the US$21.3 billion debt that Zambia owes. Ministry of Finance Spokesperson Chileshe Kandeta says the projects being undertaken are already budgeted for in the national…
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”Zambia’s Seventh National Development Plan is an important basis for the advancement and industrialisation of the country through sectors such as agriculture, infrastructure development, health, and education.” The Japanese International Cooperation Agency JICA has said. JICA President Professor Sinichi Kitaoka…
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A team of consisting of the Ministry of finance and the Bank of Zambia has been constituted to develop a framework for the operationalisation of the Sinking Fund. Then Finance Minister Felix Mutati said government was determined to set up…
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Governance Activist David Kapoma has called on President Edgar Lungu to consider organizing a National Economic Indaba to strategize on how the country can grow its economy as well as settling its debt. Mr. Kapoma has told Money FM News…
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The Zambian Government has signed a K333 million additional Grant agreement with a German Bank KFW towards the rehabilitation and modernization of power network system. Over K 2 million of the grant will finance the “sustainable access to Electricity in…
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The French Ambassador to Zambia Sylvain Berger says the austerity measures recently announced by the Zambian Government are a step in the right direction. Mr. Berger has since affirmed that Zambia is on the right path to economic stabilization and…
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