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20 Aug 2021
|
Chamuka Shalubala
Bureaus hold on to Kwacha after sharp appreciation
SOME bureau de change in Lusaka are holding on to the Kwacha after the local currency traded below K17.55 to a dollar for the first time since March 2020, A check around Lusaka found that […]
19 Aug 2021
|
Chamuka Shalubala
Kwacha surges on positive investor sentiment to K17.55 per dollar
THE kwacha has rallied to K17.55 per dollar for the first time since March 2020, according to Bloomberg data. The local currency opened the day at K18.875 per dollar and has continued to appreciate in […]
18 Aug 2021
|
Chamuka Shalubala
Let’s all help Bally fix our economy – Hambayi
ECONOMIST Trevor Hambayi says it is the duty of every Zambian to help President-Elect Hakainde Hichilema to fix the country’s economy. And Hambayi says what Zambia needs the most is employment creation for the youth, […]
13 Aug 2021
|
Julia Malunga
You can rely on PF for a stronger economy – Ng’andu
FORMER Finance Minister Dr Bwalya Ng’andu has urged Zambians to rely on the PF government for a stronger economy. In an interview, Dr Ng’andu said unlike the opposition parties, PF had a clear plan on […]
10 Aug 2021
|
Natasha Sakala
Zambia gets $1.3bn boost from IMF
THE Ministry of Finance has announced that Zambia has received US$1.3 billion from the International Monetary Fund to boost foreign reserves under the Special Drawing Rights facility. In a statement, the Ministry of Finance said […]
30 Jul 2021
|
Chamuka Shalubala
Inflation remains at 24.6 percent for July
THE annual inflation rate for July 2021 has remained unchanged at 24.6 percent, the same as that recorded last month, the Zambia Statistics Agency (ZSA) data shows. Meanwhile, the monthly inflation rate for July 2021... […]
28 Jul 2021
|
Tenson Mkhala
We lost revenue last year because we did not host the agricultural and commercial show – Michello
AGRICULTURAL and Commercial Society of Zambia (ACSZ) president Cosmas Michello says the society lost revenue as a result of not hosting the show last year due to the COVID-19 pandemic. Speaking when he announced the... […]
27 Jul 2021
|
Mwenya Mofya
Civil servants loans still active until govt pays in full – BAZ
BANKERS Association of Zambia (BAZ) Chief Executive Officer Leonard Mwanza says government is expected to finalise reconciliations with financial institutions and to also pay off loans on behalf of civil servants by July 31. Speaking... […]
26 Jul 2021
|
Chamuka Shalubala
Chibamba explains kwacha gain, as PF claims credit
ECONOMIST Chibamba Kanyama says the Kwacha will continue to appreciate as the country heads towards the 2021 general elections, resulting from several effects. And Patriotic Front members have celebrated the achievement, bragging that the kwacha... […]
23 Jul 2021
|
Chamuka Shalaubala
Fish farming can significantly reduce poverty levels within 2 years – Kachaka
ZAMBIA Aquaculture Cooperative Society chairperson Collins Kachaka says Zambia’s economy can grow within a short period if government becomes serious about growing the fish farming industry. In an interview, Kachaka said the country’s economy would […]
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