The kwacha depreciated sharply against major currency convertibles to sink to at least K12.41 per dollar after the World Bank’s depressed real GDP growth forecast put Zambia at 3.3 per cent this year. According to […]

CEC Africa, a subsidiary of the Zambia Energy Corporation Limited (ZECL), has posted losses after tax of over K3 billion during its financial year ending December 31, 2018, triggered by non-cost reflective tariffs sustained in […]

It has now become much harder to steal public funds in Zambia, says Finance Minister Margaret Mwanakatwe. And Mwanakatwe says she is not worried about Zambia’s declining international gross reserves because mitigating measures are being […]

Around 73 per cent of registered Digital Financial Services (DFS) accounts in Zambia remain inactive despite a huge growth in the number of registered accounts, new data shows. But Bank of Zambia (BoZ) deputy governor […]

Mealie meal price increases have been driven by Zambia’s drought-hit areas, which has limited supply of maize grain on the market, says the Indaba Agricultural Policy Research Institute (IAPRI). And IAPRI have noted that the […]

The World Bank says Zambia’s real GDP growth projection for 2019 is likely to be at 3.3 per cent, down from 3.5 per cent last year, triggered by the country’s mounting debt. And the International […]

An increasing number of Zambians are still being duped into investing in cryptocurrencies, a popular virtual currency, where citizens are promised massive proceeds from their investments but fail to yield returns, says the Bank of […]

Copperbelt Energy Corporation Plc, in partnership with InnoVent SAS, has been awarded two solar photovoltaic (PV) projects of 20MW each in a highly-competitive international tender under the GET FiT Zambia programme. In a joint-statement availed […]

The kwacha’s performance against major currency convertibles is likely to remain weak, with the local currency expected to remain trading above the K12 per dollar psychological barrier for short-term period, due to increasing demand of […]

Zambeef Plc board chairperson Dr Jacob Mwanza has increased his shareholding in the company to now holding over 1.4 million ordinary shares. According to a statement issued via Zambeef’s sponsoring broker, Pangaea Securities Limited, Dr […]