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Saturday, May 3, 2025
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Business /Economy / Finance

Business /Economy / Finance

Zambian Aviation Authority Suspends Kenya Airways Flights

The Publisher -
The Zambian Aviation Authority has suspended all Kenya Airways flights into Zambia after Kenya denied authorization for Zambia Airways to operate flights into Nairobi...
Business /Economy / Finance

Kasomeno-Mwenda Road Construction Progresses as Zambia and DRC Strengthen Infrastructure Ties

The Publisher -
Construction on the Kasomeno-Mwenda Road and toll gates in Luapula Province is advancing well. Significant progress has been made on the embankments at the...
Breaking News

Treasury Secretary Optimistic About 2025 National Budget’s Impact on Economy

The Publisher -
Secretary to the Treasury Felix Nkulukusa expressed optimism that the 2025 national budget will play a crucial role in restoring the economy through its...
Breaking News

European Union Resumes Budget Support to Zambia with €20 Million

The Publisher -
The European Union (EU) has ended its 10-year withdrawal of budget support to Zambia and has resumed its support with the first disbursement of...
Business /Economy / Finance

Education Spending ‘Reduction’ Saddens Stakeholders

The Publisher -
The Zambia National Education Coalition (ZANEC) is unhappy that the budgetary allocation to education spending in 2025 has failed to hit 20% of the...
Breaking News

Fuel Prices Reduced

The Publisher -
Fuel pump prices for October have been reduced, the Energy Regulation Board has announced. Board Chairperson James Banda announced that petrol would now cost K32.70,...
Breaking News

Musokotwane Hikes CDF to K36.1 Million but Not Everyone is Impressed

The Publisher -
While the government continues to praise the enhanced Constituency Development Fund (CDF) as a game changer, especially for rural communities, and increasing its funding...
Breaking News

2025 National Budget Highlights: Expenditure (Part 2)

The Publisher -
Health: K23.2 billion or 10.7% of the budget— o K5.0 billion for procuring medicines and medical supplies,o K718.2 million to procure medical equipment,o K1.9 billion...
Breaking News

2025 National Budget Highlights: Expenditure (Part 1)

The Publisher -
K37.3 billion for domestic debt servicing• K16.7 billion for external debt payment• K317.2 million for continuous voter registration• K5.7 billion on outstanding government bills...
Breaking News

2025 National Budget Highlights: Revenue Measures

The Publisher -
Domestic revenue and grants (tax and non-tax revenue and grants) will fund 84% of the budget while foreign financing is proposed at 8.9%. • 15%...
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