ZAMBIA is a long way from attaining debt sustainability due to the huge level of indebtedness and massive restructuring required in the economy, says Bank of Zambia (BoZ) governor Dr Denny Kalyalya. And Dr Kalyalya […]

The Bank of Zambia (BoZ) must maintain the Monetary Policy Rate (MPR) at 11.5 per cent and resist any attempts to adjust it upwards to avoid increasing the cost of borrowing, says the CTPD. In […]

Economist Chibamba Kanyama says Zambia’s projected three per cent growth rate for 2020 will have no major impact on the economy. Last week, Finance Minister Dr Bwalya Ng’andu said the country had projected an over […]

GOVERNMENT is likely to end up refinancing Zambia’s huge public debt because of the possibility of failing to service repayments when they fall due, says economist Professor Oliver Saasa. And Prof Saasa observed that the […]

MINES and Mineral Resources Minister Richard Musukwa has cautioned mining companies against under-declaring their production, saying doing so is an offence. And Musukwa has called on the Chamber of Mines to partner with the government, […]

The Zambia Tax Platform ZTP says Finance Minister Dr Bwalya Ng’andu’s update on the country’s expected growth rates shows that Zambia will not achieve its 2030 vision. And the ZTP says Zambia’s economic outlook presented […]

Finance Minister Dr Bwalya Ng’andu says the country’s external debt has risen to $11.2 billion from the $10.23 billion as at end of December 2019. And Dr Ng’andu says the International Monetary Fund (IMF)’s demand […]

MINES and Mineral Resources Minister Richard Musukwa says Vedanta must accept the loss of KCM and move on because he has already instructed Provisional Liquidator Milingo Lungu to quickly find an equity partner to take […]

Zambia Information and Communications Technology Authority (ZICTA) Director General Patrick Mutimushi says the authority is still liaising with the line Ministry on the implementation of the 30 Ngwee charge on internet calls. And Mutimushi has […]

Finance Minister Dr Bwalya Nga’ndu says government will consider doing away with State Owned Enterprises that are in perpetual position of loss making and are not creating any value. Speaking when he received dividends from […]