The kwacha marginally depreciated against major currency convertibles to remain above the K12 per dollar barrier, while maintaining strong volatility following Zambia’s credit rating downgrade. And market players say the local currency’s trading has been characterised by high levels of uncertainty and heightened speculation as economic conditions remain poor. According to financial market players, the...

FAZ has warned dealers that are selling counterfeit national team replicas to desist from the act or face a nine month sentence once caught. FAZ general secretary Adrian Kashala said the consequences were non-negotiable and applicable to anyone caught regardless of his or her society stance. In an interview with Goal Diggers! Kashala said well-meaning...

Commerce Minister Christopher Yaluma says government has issued two Statutory Instruments to regulate the businesses that foreign companies can venture into in Zambia. This is an effort to protect small and medium enterprises from collapsing, as foreigners seem to be taking over every other business, leaving Zambians with diminishing opportunities to make a living out...