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Business
15 Dec 2021
|
Natasha Sakala
HH urges lenders to consider giving credit at affordable rates
PRESIDENT Hakainde Hichilema has urged financial lenders in the country to consider giving credit to individuals and institutions at affordable rates in order to attract more clients. And President Hichilema has announced that the Local... […]
14 Dec 2021
|
Julia Malunga
Kapala unveils new ERB Board
ENERGY Minister Peter Kapala has unveiled a seven member Energy Regulation Board of Directors, among them Noel Nkhoma and Lusaka Lawyer Gilbert Phiri. And Kapala says the removal of subsidies does not mean that life... […]
13 Dec 2021
|
Ulande Nkomesha
Govt, IMF talks stirring investor confidence in Zambia – Woolley
BRITISH High Commissioner to Zambia Nicholas Woolley says the continued talks between the Zambian government and the International Monetary Fund (IMF) are stirring investor confidence in the country. In an interview, Woolley said the talks... […]
10 Dec 2021
|
Ulande Nkomesha
Kwacha appreciation caused by positive sentiments resulting from IMF talks – Kanyama
ECONOMIST Chibamba Kanyama says the appreciation of the Kwacha has been caused by sentiments as a result of the country’s discussions with the International Monetary Fund (IMF). According to the Bank of Zambia, yesterday the... […]
6 Dec 2021
|
Chamuka Shalubala
There is nothing that we can do, the price of oil has gone up – Musokotwane
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says it is unreasonable to expect fuel pump prices to remain the same when the international prices have gone up. In an interview, Friday, Dr Musokotwane said... […]
4 Dec 2021
|
Julia Malunga
Mundende gets the boot
THE Board of Directors of ZESCO has with immediate effect terminated the contract of the company Managing Director, Victor Mundende. In a statement, Friday, Industrial Development Corporation (IDC) Head Corporate Communication Namakau Mukelabai announced that […]
3 Dec 2021
|
Chamuka Shalubala
Zambia, IMF reach staff-level agreement towards $1.4 billion financial support
FINANCE and National Planning Minister Dr Situmbeko Musokotwane has announced that government and the IMF mission to Zambia have reached a staff-level agreement on a programme under IMF’s Extended Credit Facility that envisages provision of... […]
1 Dec 2021
|
Hastings Nasilele
If we increase fuel prices, it won’t be something that will knock off people’s pockets – Minister
Minister of energy Peter Kapala says the government might be able to maintain the existing fuel prices once it removes what has been identified as inefficiency costs, but if a decision to increase is made,... […]
30 Nov 2021
|
Natasha Sakala
Mvunga backs BoZ on its call to remove fuel, electricity subsidies
FORMER Bank of Zambia governor Christopher Mvunga has backed Dr Denny Kalyalya’s statement on the removal of fuel and electricity subsidies, saying continuing with the status quo will spell doom for the economy. Bank of... […]
26 Nov 2021
|
Ulande Nkomesha
Inflation drops to 19.3%
THE Annual inflation rate for the month of November has reduced to 19.3 percent from 21.1 percent recorded in October 2021. Speaking during a media briefing, Thursday, interim statistician general Mulenga Musepa said the slowdown... […]
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