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Business
Zambia urgently needs debt relief – Oxfam
ZAMBIA urgently needs debt relief to help the country deal with the Coronavirus pandemic and revive the stressed economy, says Oxfam. In a policy note dubbed: Zambia’s Private Debt and the Coronavirus, Oxfam, the globally-renowned […]
Inflation shoots to 16%
THE annual rate of inflation has increased to 16 per cent in October, up from 15.7 per cent recorded in September, mainly induced by a jump in food prices, according to the Zambia Statistics Agency […]
Avoid re-using hybrid seed varieties to maintain good yields, govt urges farmers
MINISTRY of Agriculture Director for Agriculture Moses Mwale has dispelled assertions that multinational companies are patenting indigenous seed varieties as they are not owned by anybody. And Mwale has advised farmers to avoid re-using hybrid […]
Fuel shortage should normalize within a week – Nkhuwa
ENERGY Minister Matthew Nkhuwa says the fuel shortage in the country will be normalized within the next week. And Nkhuwa says the shortage has been engineered by a few disgruntled truckers adding that the transporting […]
New IMF country rep won’t sway Funds position on bailout package – Chibamba
ZAMBIANS should not be too expectant of the International Monetary Fund’s (IMF) appointment of Preya Sharma as the country’s new resident representative because her office does not carry much authority, says economist Chibamba Kanyama. The […]
Zambia’s GDP contracted by 2.1% in Q2 – Zanaco
ZAMBIA’S economy severely contracted by an unprecedented 2.1 per cent in the second quarter of 2020, triggered by the COVID-19 pandemic, which slashed productivity across various sectors, market data shows. But the mining and ICT […]
Kitwe chamber demands transparency on causes of C/belt fuel shortages
THE Kitwe Chamber of Commerce has demanded full transparency into the actual causes of the fuel shortages that hit the Copperbelt Province, saying the commodity has been in short supply before the truck drivers’ protest. […]
Copper prices hit $7,000 per tonne
COPPER prices have hit the US $7,000 per metric tonne threshold for the first time since 2018, representing a two-year-high, following Chinese economic recovery and a resurgence in demand for the red metal. Data from […]
ZRA to move S/P regional office to Kazungula
THE Zambia Revenue Authority (ZRA) will shift its regional office from Livingstone to Kazungula District, Southern Province, as cross-border trade in the area is expected to boom following the completion of the construction of the […]
There’s theft of construction material at Simon Mwansa Kapwepwe International Airport, laments AVIC
AVIC International Zambia says there is serious theft of construction material at Simon Mwansa Kapwepwe International Airport in Ndola. AVIC Senior Consultant Lei Yingqi was speaking when the Civil Aviation Authority (CAA) board toured the […]
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