Business

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the country’s inflation and Kwacha performance against major convertible currencies could have been worse without interventions from the IMF and World Bank. And Dr Musokotwane says...

ECONOMIST Trevor Hambayi says KCM and Mopani Copper Mines will have no impact on the country’s economic performance in 2024. Earlier this week, Bank of Zambia (BoZ) Deputy Governor for operations Francis Chipimo expressed concern...

BANK of Zambia Governor Dr Denny Kalyalya has challenged US economist Steve Hanke to demonstrate how he arrived at 47 percent as the official annual inflation rate for Zambia. Dr Hanke, a professor of applied economics at the...

SOME car dealers have bemoaned the impact of the continued depreciation of the Kwacha against major convertible currencies on their business, saying sales are very low. Ancestor Movers Company Limited Director Simbule Simbule says his...

PAC president Andyford Banda has wondered why government is failing to release details for International Resources Holdings (IHR), an Abu Dhabi firm it engaged to develop Mopani Copper Mines. Banda is concerned that the firm...

GOVERNMENT has justified the K3.5 million cost for constructing a chief’s palace, explaining that the amount would also cater for the building of other units. Centre for Trade Policy and Development (CTPD) Executive Director Isaac...

THE Bankers Association of Zambia (BAZ) says the Export Proceeds Tracking Framework will help government to have accurate information in regards to tax policy formulation and ensure export visibility. In a recent gazette notice, the...

PUBLIC Accounts Committee Chairperson Warren Mwambazi has urged the Bank of Zambia (BoZ) and Ministry of Finance (MoF) to quickly find a way to stabilise the Kwacha. Commenting on the depreciation of the Kwacha, which...

PRICEWATER Coopers (PwC) Country Senior Partner Andrew Chibuye says unlocking Mopani and KCM is likely to have a positive impact on Zambia’s micro economy in the short term. He says the 2023 global macro-economic conditions...

CENTRE for Trade Policy and Development (CTPD) Executive Director Isaac Mwaipopo has questioned the construction of one chief’s palace at K3.5 million by government, arguing that the amount is exorbitant. On Tuesday, the Zambia Correctional...