Business

13 Apr 2023 | Ulande Nkomesha

We have insufficient cassava to ease mealie meal demand – NUSFAZ

NATIONAL Union for Small Scale Farmers in Zambia (NUSFAZ) president Dr Frank Kayula says the country has insufficient cassava to ease demand for mealie meal at the moment. Commenting on Agriculture Minister Mtolo Phiri’s advise... […]

13 Apr 2023 | Philip Chisalu

IMF shouldn’t punish Zambia if debt restructuring doesn’t go as planned – Musokotwane

GOVERNMENT says it is appealing to the IMF not to punish Zambia in an event that it does not manage to sign an MOU with its official creditors in time for the anticipated US$188 million... […]

13 Apr 2023 | Philip Chisalu

Govt halts mealie meal exports, establishes anti-smuggling teams

HOME Affairs and Internal Security Minister Jack Mwiimbu has announced that government has halted the exportation of mealie meal and maize due to a deficit in the country. And Defence Minister Ambrose Lufuma has disclosed... […]

13 Apr 2023 | Taonga Tembo

Kwacha appreciates to K18.7 against dollar

THE Kwacha has continued to appreciate against the US dollar in the last few days and closed the day yesterday at an average of K18 to K19. According to the Bank of Zambia market rates,... […]

12 Apr 2023 | Mwiche Nalwimba

Focus on commercial feed, ‘gaga’ has no nutrients, PAZ urges poultry businesses

THE Poultry Association of Zambia (PAZ) has refuted media reports that there is a shortage of chicken feed commonly referred to as gaga on the market, saying it’s only in limited supply due to the... […]

12 Apr 2023 | Philip Chisalu

We don’t think inflation will revert to double digits – Govt

FINANCE and National Planning Minister Dr Situmbeko Musokotwane says he does not think the inflation rate will revert to a double-digit. A fortnight ago, ZAMSTATS disclosed that the annual inflation rate for the month of... […]

12 Apr 2023 | Philip Chisalu

Zambia asks Japan, Belgium, Netherlands for support on its debt

GOVERNMENT has appealed to the IMF Executive Directors for Japan and Belgium/Netherlands for continued support in resolving Zambia’s debt restructuring process through the G-20 Common Framework. And Finance and National Planning Minister Situmbeko Musokotwane says... […]

11 Apr 2023 | Zondiwe Mbewe

Govt suspends duty on mealie meal imports

FINANCE and National Planning Minister Dr Situmbeko Musokotwane has signed a statutory instrument to provide for suspension of duty on mealie-meal. Meanwhile, President Hakainde Hichilema has convened multiple consultative meetings with both government and private... […]

11 Apr 2023 | Ulande Nkomesha

We allowed mealie meal imports to suppress demand at borders – Phiri

AGRICULTURE Minister Rueben Phiri says government has allowed the importation of mealie meal from South Africa in order to suppress demand for the commodity in border areas. In an interview, Friday, Phiri said the move... […]

11 Apr 2023 | Philip Chisalu

We released K15.5bn for public service delivery in March – Govt

GOVERNMENT says it released a total of K15.5 billion to finance public service delivery in March 2023. And the ministry has announced that it has commenced preparations for the 2024 National Budget and the 2024... […]

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