FIVE Energy Regulation Board (ERB) board members have resigned, citing “concerns about how they are being required to conduct themselves”. In a letter dated September 29, 2021 addressed to the Energy Minister Peter Kapala, ERB […]

ZAMBIA Statistics Agency (ZSA) data shows that the annual inflation rate for September 2021 decreased to 22.1 percent from 24.4 percent recorded in August 2021. Meanwhile, the monthly inflation rate for September was recorded at […]

THE Bank of Zambia says it’s not in receipt of any application for acquisition of any commercial bank. The Anti-Corruption Commission (ACC) recently revealed that it was investigating a former ward councilor of Lusaka for […]

AGRICULTURE Minister Reuben Phiri says the Food Reserve Agency (FRA) will procure an extra 300,000 metric tonnes of maize after exceeding its initial target of 500,000 metric tonnes for the 2021 marketing season. Responding to […]

ECONOMIST Chibamba Kanyama says the shifting of thresholds in the bond market is a good development, urging retirees to take advantage and make safe investments in the bond market. The Bank of Zambia recently announced […]

ECONOMIST Trevor Hambayi says government should consider giving an amnesty to those who stole, arguing that changing the currency to smoke them out can be an expensive venture and should therefore be a last resort. […]

BANKERS Association of Zambia (BAZ) chief executive officer Leonard Mwanza has called on individuals holding on to cash outside the banking system to deposit the money in order to help boost the volume of cash […]

BANK of Zambia governor Christopher Mvunga says President Hakainde Hichilema’s pronouncement that his government had taken over an empty Treasury was said in the context of the country having less money in its coffers compared […]

CTPD head of research Boyd Muleya says the Bank of Zambia Monetary Policy committee should maintain the policy rate at 8.5 percent. In a statement, Tuesday, Muleya said if there was any movement in the […]

FINANCE Minister Dr Situmbeko Musokotwane and IMF representative for Zambia Preya Sharma have discussed various aspects of strengthening the partnership between Zambia and the Fund. According to a statement issued by the Ministry of Finance, […]