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Business
FRA may fail to meet 1m tonnes of maize target – ZNFU
THE Zambia National Farmers Union (ZNFU) has warned that the ongoing smuggling of maize has the potential to jeopardize official maize exports into neighbouring countries. And the Union has cautioned that the Food Reserve Agency […]
Lazard has impeccable track record, $5m payment justifiable – Nalishebo
LAZARD Freres, the French firm government has appointed to provide advisory services in relation to Zambia’s debt management, should be trusted because the company has a long track-record at successfully negotiating sovereign debt, says economic […]
Inflation likely to drop by August as harvests hit market – Kanyama
ECONOMIST Chibamba Kanyama has projected that the country’s inflation might drop to as low as 12 percent by August, following the expected stability of food prices as the produce of this year’s harvest hits the […]
Govt grabs CEC infrastructure
GOVERNMENT has announced the takeover of all electricity transmission and distribution lines operated by the Copperbelt Energy Corporation Plc (CEC) Plc through Statutory Instrument Number 57 of 2020. But CEC has announced that it will […]
Inflation soars to 16.6%
THE annual rate of inflation has risen to 16.6 per cent in May, up from 15.7 per cent recorded in April, the highest on record since September, 2016, according to the Zambia Statistics Agency (ZSA). […]
Zambia to pay debt dismantling consultant K90 million
GOVERNMENT is about to award a US$5 million tender for the provision of advisory services in relation to its debt management to Lazard Freres, a French firm, over a delivery period of three years. According […]
There’re other ways IMF can help Zambia in Covid fight, it’s beyond govt – Saasa
ECONOMIST Professor Oliver Saasa has called on the International Monetary Fund (IMF) to consider relaxing conditions for Zambia to access the COVID-19 emergency facility because the challenges arising from the virus could have a ripple […]
ZCCM-IH, Karma Ltd gold deal is secured by contractual obligations in absence of law – govt
MINES and Minerals Development Permanent Secretary Barnaby Bwalya Mulenga says although the law on declaration of gold as a strategic mineral has not yet been concluded, the guarantee of securing gold from the partnership between […]
Kalyalya explains why BoZ can’t relax eligibility criteria on K10bn facility
BANK of Zambia (BoZ) governor Dr Denny Kalyalya says the K10 billion Medium-Term Loan Refinancing Facility has a strict eligibility criterion because it is targeted at those who can pay back the money. Meanwhile, Zambia’s […]
Zambia may never get IMF programme, which is unfair – BoZÂ
ZAMBIA might not get on an International Monetary Fund (IMF) economic programme due to its unsustainable level of debt, says Bank of Zambia (BoZ) governor Dr Denny Kalyalya. And BoZ data has revealed that K1 […]
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I don’t own any property in Eswatini – Lungu
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Authorisation of maize imports a forward-planning measure – Govt
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