South Africa’s economic recession may negatively affect the Zambian economy in the short-term as much of that country’s finished products end up in the local retail sector, says the Zambia Chamber of Commerce and Industry

MTN Zambia chief executive officer Charles Molapisi says the company is in consultation with government to understand the 30 ngwee per day Internet tariff that has been imposed on cell phone subscribers. And Molapisi says

The cost of living in Kitwe has drastically increased to a record-breaking K5,159 for a family of five, becoming the country’s second most expensive city, according to the JCTR. Data from the Jesuit Centre of

The CCPC says the Bank of Zambia’s move to abolish bank charges is a wakeup call to the financial sector to become more innovative and find other means of sustaining their operations. In a statement

The Bank of Zambia has promulgated into law the decision to prohibit unwarranted fees that commercial banks charge depositors effective Tuesday, September 4. Last week, the central bank notified financial institutions of its intention to

Government missed its target of K10.6 billion in income tax collection for the 2018 half-year period by around K500 million, owing to lower than projected collections, says ZIPAR. According to a ZIPAR policy brief released

There needs to be transparency in the acquisition, terms and structure of Chinese loans, says CTPD. And the Centre for Trade Policy and Development (CTPD) says there is serious need to put heads together in

Konkola Copper Mines (KCM) can no longer meet its statutory obligations because the firm has no money, says the Association of Mine Suppliers and Contractors (AMSC). And the Association has suggested that KCM must not

Economist Chibamba Kanyama says Zambia can still achieve a Gross Domestic Product (GDP) growth rate of 4.5 provided inflation rate remains below the 7.6 threshold. Kanyama told News diggers in an interview that the current

The Bank of Zambia’s (BoZ) decision to abolish bank charges will only cripple the financial services industry and may result in some banking staff getting laid off, warns the Bankers Association of Zambia (BAZ). BoZ