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Ministry of Finance

Economic Management for

Sustainable National Development

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Latest News

Opening Of Mulungushi Textiles Nears

HE distribution of cotton seed by the Zambia China Mulungushi Textiles in Kabwe has commenced ahead of the reopening of the cloth manufacturing plant next year. Defence Minister Ambrose Lufuma launched the seed distribution exercise to 3,000 farmers that would be supported by the joint venture. The Zambia China Mulungushi Textiles, a joint venture between […]

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Govt To Recruit 30,000 Teachers In 2022

Finance Minister Dr Situmbeko Musokotwane has just announced that the government will recruit a staggering 30,000 teachers in 2022. The figure dwarfs the total number of teachers employed in the past 10 years. Announcing the 2022 National Budget Friday afternoon, Dr Musokotwane also announced that the government will in 2022 increase Constituency Development Fund (CDF) […]

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President Hichilema’s U.S Trip Draws First Fruit…As Zambia Gets $18.5m Aid From USAID

PRESIDENT Hakainde Hichilema’s trip to the United States (US) has drawn the first fruit with the announcement by the US Government of additional US $18.5 million to Zambia. The funding to support the Zambian people including Zambia’s fight against COVID-19 was made by the U.S. Agency for International Development (USAID) Administrator Samantha Power during the […]

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