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Business
6 Feb 2020
|
Natasha Sakala
Reduced imports a sign of subdued business climate, says economist
Zambia’s trade surplus of K422 million in December, 2019 owing to reduced imports is a sign of a subdued business climate, says economist Trevor Hambayi. According to Zambia Statistics Agency (ZSA) data, Zambia recorded a […]
6 Feb 2020
|
Julia Malunga
Zambia’s investment climate remains conducive, Kampyongo assures FQM
Home Affairs Minister Stephen Kampyongo says it is key for investors and government to find a proper communication strategy to avoid acrimony. And Kampyongo has assured investors that government would continue creating an enabling environment […]
5 Feb 2020
|
Ulande Nkomesha
ZIPAR forecasts higher inflation
Zambia’s annual rate of inflation should be expected to continue escalating on the back of government’s continued external debt servicing, which is anticipated to exert more pressure on the kwacha, among others, says ZIPAR. And […]
5 Feb 2020
|
Stuart Lisulo
Mining, construction companies still seeking insurance abroad – PIA
Large corporations in the mining and the construction sectors are still sourcing insurance services from abroad and violating the law, says the Pensions and Insurance Authority (PIA). However, Zambia’s insurance industry recorded increased growth in […]
3 Feb 2020
|
Natasha Sakala
Stanbic sets new industry record with K450m after tax 2019 profit
Stanbic Bank Zambia has recorded a profit after tax of K450 million, making 2019 an outstanding year with a year-on-year growth of 95.7 per cent, the first time any financial institution in Zambia is posting […]
3 Feb 2020
|
Natasha Sakala
Zambia records K422m trade surplus
Zambia has recorded a trade surplus of K422 million, an increase by 273.8 per cent between November and December, 2019, the fifth highest of last year, triggered by huge exports of intermediate goods, Zambia Statistics […]
2 Feb 2020
|
Stuart Lisulo
Inflation rises to 12.5%
The annual rate of inflation has jumped to 12.5 per cent in January, up from 11.7 per cent recorded in December, the highest on record since October 2016, according to the Zambia Statistics Agency (ZSA). […]
29 Jan 2020
|
Diggers Reporter
Vedanta warns Milingo against defying court order, selling mine assets
Vedanta says it still remains committed to seeking resolution through dialogue and constructive engagement with the Government of Zambia and ZCCM-IH, despite the ongoing court processes. Giving an update on the KCM impasse in a […]
23 Jan 2020
|
Stuart Lisulo
High mealie meal prices will persist – IAPRI
Mealie meal prices are likely to remain high this year until the main maize harvest period in May, says the Indaba Agricultural Policy Research Institute (IAPRI). And IAPRI says the food security situation for some […]
23 Jan 2020
|
Stuart Lisulo
Govt must be transparent in gold mining ventures – CTPD
Government must endeavour to be transparent and consultative in its new gold mining ventures being spearheaded by ZCCM-IH for all stakeholders to clearly understand their game plan and reap dividends, says CTPD. In a statement, […]
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