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Business
Our investments due to stability, govt’s clear intentions in mining sector – FQM
FIRST Quantum Minerals Limited chief executive officer Tristan Pascal says the recently announced investments by his company are because of assured stability due to government’s clear intentions in the mining sector. And FQM General Manager... […]
We revised maize prices out of respect for farmers – FRA
FOOD Reserve Agency executive director Chola Kafwabulula says the agency has not revised the maize purchase price from K160 to K180 due to public pressure, but out of respect for farmers. Last week, FRA announced... […]
Perhaps we’ve now been reduced to beggars following re-classification by World Bank – Magande
FORMER Finance Minister Ng’andu Magande says Zambia’s reclassification of income status by the World Bank could mean that perhaps the country has been reduced to a beggar. But Movement for Multiparty Democracy MMD president Never... […]
Kalyalya explains Kwacha appreciation
BANK of Zambia (BoZ) Governor Dr Denny Kalyalya has attributed the recent appreciation of the Kwacha to a higher inflow of foreign exchange from the mines as well lumpy demand, mainly for energy, during the... […]
Govt justifies engaging 6 private firms to audit domestic debt
MINISTRY of Finance and National Planning permanent secretary Mukuli Chikuba says government can contract anyone to conduct independent audits in order to enhance its operations. And Bank of Zambia director economics Jonathan Chipili says Zambia’s... […]
Even if inflation was 0%, cost of living would remain high – ZSA
ZAMBIA Statistics Agency (ZSA) Interim Statistician General Mulenga Musepa says in order for the cost of living to reduce, something else needs to happen such as decent incomes for individuals. Speaking during the Economics Association... […]
Zambia’s economic outlook expected to remain positive – Govt
GOVERNMENT says the country’s economic outlook for the medium term is expected to remain positive, with economic growth averaging 4.2 percent. And Secretary to the Treasury Felix Nkulukusa says government will ensure that public expenditure... […]
World Bank reclassifies Zambia to low income status
THE World Bank has reclassified Zambia to low income status from lower middle income, for the 2023 financial year. The development comes after Zambia’s deterioration of Gross National Income (GNI) per capita estimates recorded in […]
UPND seems ready to do business, what’s needed is to actualise commitments – Saasa
ECONOMIST Professor Oliver Saasa says he is seeing a possibility of the UPND doing things a bit more efficiently in terms of transforming the economy, but it’s important to see how the commitments can be... […]
JCTR calls for a pro-poor 2023 budget
THE Jesuit Centre for Theological Reflection (JCTR) has called on government to come up with a pro-poor 2023 national budget. And JCTR says even if the speed at which prices are increasing is on the... […]
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