THE kwacha has depreciated to hit the K21.00 per dollar psychological barrier for the first time ever in Zambia’s history, owing to overwhelmingly high demand for the greenback on the local market, compounded with little... […]

THE cost of living for a family of five has remained at over K7,000, mainly induced by high mealie meal prices that have registered steep rises in recent months, says the JCTR. In the latest... […]

LOCAL businesses in Zambia have continued to express low confidence in the economy as a result of persistent negative sentiments caused by load shedding and the COVID-19 outbreak, according to a ZACCI Survey. Announcing the... […]

COMESA Business Council Chief executive officer Sandra Uwera says the digital financial system has been identified as a focus area for improving the efficiency and performance of SMEs in sub-Saharan Africa. And Save and Remit... […]

BANK of Zambia (BoZ) governor Christopher Mvunga says despite the economic challenges the country is facing, the Central Bank has managed to stabilise the kwacha at an average range of K20.30 per dollar. Speaking when... […]

FIRST Quantum Minerals (FQM) Limited has posted a record quarterly copper output of over 211,000 metric tonnes in the third quarter of this year, up 10 per cent compared to the same period last year,... […]

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... […]

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... […]

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... […]

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... […]