Blog Post

The Independent Observer > Articles by: Alice Nachilembe

Kwacha on recovery path

The Kwacha starts the week with signs of recovery on the inter-bank market. This is after trading firmly against the U.S dollar on Friday. The local currency stayed on the front foot as corporate prepared to settle their quarterly tax obligations. According to ZANACO Bank Daily treasury Bulletin the Kwacha was as of Friday trading […]

Read More

Zambia-China trade hits US$ 5 billion

The bilateral trade volume between Zambia and China has reached US$5 billion for the first time in the 55 years history of economic and mutual cooperation between the two countries. Chinese Ambassador to Zambia, Li Jie said the milestone trade volume recorded in 2018 has seen Zambia post a year-on-year growth of 33.9% with a […]

Read More

Security guard axed to death

By ALICE NACHILEMBE A security guard has been killed by unknown people armed with iron bars, an axe and broke into a building belonging to Arizona Zanaco Express Credit outlet. The bandits who broke into the shop through the main door after damaging the locking system stole undisclosed amount of money and other properties. Acting […]

Read More

18 fish hatcheries coming

Government says it will set up 18 fish hatcheries and nurseries countrywide worth 27 million kwacha to increase fish production. Ministry of Fisheries and Livestock permanent secretary David Shamulenge says the ministry under the Zambia Aquaculture Enterprise Development project (ZAEDP) is establishing hatcheries through the country to increase annual fish production to 10,000 tones by […]

Read More

Nkana legend Stone Chibwe has died

Nkana legend and former Zambia international Stone Chibwe has died in Kitwe after a short illness. The former KK 11 player died on Tuesday evening at Kitwe Teaching Hospital  a day after he was admitted there. “Medical staff said he had malaria and BP,” his son Edward Chibwe said on Tuesday night. “He died between […]

Read More

Masisi, Lungu, Kazungula project on course

The Governments of Zambia and Botswana have reaffirmed their commitment to complete and commission the Kazungula bridge project next year. Speaking after talks with President of Botswana Mokgweetsi Masisi at State House in Lusaka, President Edgar Lungu said it was the intention of Africa’s founding fathers to have the region connected. President Lungu said Zambia […]

Read More