FOR THE 5TH STRAIGHT DAY, KWACHA HAS BEEN GAINING
By Dr. Lubinda Haabazoka The Zambian kwacha has for the 5th straight day posted positive results against the US dollar. Opening at close to k23 per dollar on Monday, the...
» Read MoreEconomy
KWACHA TO GAIN FURTHER
Lusaka ~ Fri, 23 Jul 2021 By Brightwell Chabusha The kwacha has been appreciating for four (4) straight days and now trading around K22.21 from K22.86 just last week. On...
» Read MoreNAPSA BECOMES MAJORITY SHAREHOLDER IN ZAMBIA INDUSTRIAL COMMERCIAL BANK
Lusaka ~ Wed, 12 May 2021 By Brightwell Chabusha The National Pensions Scheme Authority (NAPSA) has increased its equity stake in Zambia Industrial Commercial Bank (ZICB) from 15.83% to 65%....
» Read MoreKCM Trashes Bloomberg Report on Alleged Closure
Konkola Copper Mines has dispelled as false information attributed to Bloomberg suggesting that operations of the mine and its two subsidiaries at the Konkola Deep mine have been shut down....
» Read MoreZAMBIA IN ANOTHER MAIZE BUMPER HARVEST
Lusaka ~ Wed, 5 May 2021 By Brightwell Chabusha Zambia is expected to harvest over 3.6 million metric tonnes of maize from the 2020-2021 farming season compared to over 3.4...
» Read MoreZRA EXCEEDS REVENUE TARGET IN FIRST 4 MONTHS OF 2021, COLLECTS K5.8 BILLION
Nakonde ~ Tue, 4 May 2021 By Brightwell Chabusha The Zambia Revenue Authority (ZRA) has lifted all suspensions slapped on clearing agents who participated in the disruption of border operations...
» Read MoreBoZ Gold Reserves Swell
The Bank of Zambia has purchased 282.79 kilogrammes of gold since December, 2020 at a cost of K345.6 million. About 195.95 kilogrammes was purchased from Kansanshi Copper Mining at a...
» Read MoreCHAMBER OF MINES WELCOMES FITCH’S UPGRADE OF ZAMBIA’S RATING
Lusaka ~ Sat, 17 April 2021 By Brightwell Chabusha The Zambia Chamber of Mines has welcomes Fitch Ratings’ positive rating of Zambia with regard to the mining sector. Fitch has...
» Read MoreIMF SEES POSSIBLE BAILOUT PACKAGE FOR ZAMBIA BEFORE AUGUST ELECTIONS
Lusaka ~ Fri, 16 April 2021 The International Monetary Fund (IMF) says it still hopes to reach a deal with Zambia before the August elections on an economic program that will form...
» Read MoreBRAZILIAN BANK OFFERS SUPPORT TO SADC IMPORTS AND EXPORTS
São Paulo ~ Fri, 02 April 2021 By Brightwell Chabusha Standard Bank Brazil, one of the major financing institutions in Sub Saharan Africa, says it is ready to fund import...
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