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Business
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... […]
Our new bulk supply agreement with CEC enables us to trade fairer – Zesco
ZESCO Managing Director Victor Mapani says the newly signed Bulk Supply Agreement between the utility company and Copperbelt Energy Corporation (CEC) will enable the two parties to transact in a fairer manner. Addressing the media,... […]
ZRA says it has exceeded mid-year target by K2.1bn
THE Zambia Revenue Authority (ZRA) has announced that it has recorded an above-target revenue performance in the first half of this year after collecting a net tax outturn of K48,307.9 million against the period target... […]
We’re removing some mobile money booths to retain sanity – Nkombo
LOCAL Government and Rural Development Minister Gary Nkombo says although mobile money booths are a source of livelihood, there is need to bring sanity in trading areas. And Nkombo says all the booths along Cairo... […]
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