Tag Archives: energy sector

$186m released for Kafue Gorge project

GOVERNMENT has released US$186 million for the development of Kafue Gorge Lower project. The money is from the $750 million eurobond raised by the Government last year. From the eurobond proceeds, Zesco Limited would get $255 million for improving power … read more »

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COMESA US$15 billion in intra-trade among member states in 2010

COMESA in $15bn. trade boost By DARLINGTON MWENDABAI THE Common Market for Eastern and Southern Africa (COMESA) says it has recorded over US$15 billion in intra-trade among member states in 2010. COMESA acting general secretary Nagla El-Hussainy said the intra-trade … read more »

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Unstable oil prices affecting Zambian economy – Konga

By WALLEN SIMWAKA GOVERNMENT says the instability in the prices of crude oil on the world market and electricity deficits in the southern African region have had adverse effects on the country’s energy sector. Minister of Energy and Water Development … read more »

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ZAMBIA: A NEW INVESTMENT DESTINATION FOR CLEAN ENERGY UNDER NEW LEADERSHIP?

Elias Chipimo Jnr. Elias Chipimo Jnr. SAYS ,  “He is the future face of Zambia”. He is an emerging leader with bold and ambitious developmental plans that would set this southern African nation on a path to becoming prosperous, progressive … read more »

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Zambia’s GDP exceeds projection

By Business Reporter ZAMBIA’s Gross Domestic Product (GDP) growth is expected to reach seven per cent by the end of 2010, exceeding the projected growth because of increased investment in key productive sectors, Commerce, Trade and Industry Minister Felix Mutati … read more »

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Zambia: Energy deficit worries State

By Business Reporter ZAMBIA needs big players in the energy sector to effectively counter the power deficit which poses a threat to the national economic growth, acting Energy Minister Gladys Lundwe has said. Ms Lundwe said in Lusaka the energy … read more »

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Zambia 2011 Budget – Full statement in parliament

Zambia 2011 Budget Address by Hon. Dr. Situmbeko Musokotwane, MP, Honourable Minister of Finance and National Planning  Delivered to the National Assembly on Friday 8th October, 2010 1. Mr. Speaker, I beg to move that the House do now resolve … read more »

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Zambia: Donors reduce grants to 2011 budget

PostOnline COOPERATING partners have reduced their grants contributions to Zambia’s national budget for 2011 by almost half to only 7.7 per cent compared to 14.5 per cent this year. And the government has allocated K244.6 billion for the holding of … read more »

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