Zesco has signed a Power Purchase Agreement (PPA) with Integrated Clean Energy Power Company Ltd (CiEG) to produce 2,400 Megawatts of renewable energy estimated at US$3.5 billion. CiEG is an…
The International Monetary Fund and the Zambian Government will soon commence discussions on the first review of the Extended Credit Facility arrangement and Article IV Consultations. According to a statement…
Government has announced the successful conversion of the Tazama pipeline to transport low sulphur diesel. Energy Minister Peter Kapala says the achievement is government’s commitment towards the improvement of the…
Zambia’s annual rate of inflation for February 2023 has increased to 9.6 percent from 9.4 percent in January. Zambia Statistics Agency (ZAMSTATS) Interim Statistician General, Mulenga Musepa says the increase…
President Hakainde Hichilema says government has managed to source funds that will help boost Copper production at Mopani Copper Mines and ease operations. President Hichilema says the company is one…
Residents of Lusaka’s Kabwata Township have expressed mixed feelings over reduced inflation. Richard Nawa told Diamond News that the reduction is only good on paper as prices of basic commodities…
