Economy

There’s Still Hope For The Kwacha

Not all is lost for the kwacha despite massive losses posted since last week as demand for the dollar continues. FNB has stated that the local unit continued to lose...

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Kwacha Loses 4.7% In Last Week’s Trading

The kwacha last week lost close to 4.7% of its value after opening the week at K15.30, when it closed the week at over K16 per United States dollar. Much of the...

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Multi-Player Participation In The Railway Sector Coming

Transport and Communications Permanent Secretary Misheck Lungu says Zambia is in the process of revising rules and regulations governing operations of the railway sector in the country to provide for...

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World Bank Positive About Zambia’s Economy

World Bank Executive Director for the Africa Group 1 Constituency Anne Kabagambe is positive that the actions being taken by the Zambian government to restore fiscal health and stabilise the...

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Inflation Expected To Remain High But Will Decline As Food Supply Improves – BoZ.

The Bank of Zambia’s Monetary Policy Committee has maintained the policy rate at 11.50 per cent. The Bank also expects the country’s inflation to remain high over an earlier part...

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Government Welcomes LUSE Commodities Market, Says It Will Assist Small Scale Farmers And SMEs

Vice-President Inonge Wina has said lack of certifiable collateral is one of the challenges being faced by small scale farmers and SMEs in accessing finance. Speaking in a speech read...

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Court Asked To Order Vedanta To Pay Security For Costs Pegged At US$1,000,000

Vedanta Resources Holdings Limited has stated that the US$1 million being claimed by Rephidim Mining and Technical Supplies Limited and two other companies as security for costs at the current...

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Gemfields Lists On LSE’s Alternative Investment Market

Gemfields Group Limited, the parent company of Kagem Emerald Mine in Lufwanyama in partnership with the Zambian government, has listed its shares on the AIM market of the London Stock...

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Zambia’s Largest Independent Power Producer Transforming Face Of Maamba

Zambia’s Largest Independent Power Producer Transforming Face Of Maamba. Contributing around 10% of the nation’s electricity generation capacity has a huge impact on the nation’s energy security and the economy in general,...

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Chipangali Constituency Borehole Drilling Rig Has Finally Been Registered And Insured

Chipata Town council chairperson Million Tembo said the rig which was currently in Chipata will be taken to Chipangali District. Mr. Tembo said the rig will only start its operations...

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