Investrust Bank Plc has failed to meet the minimum capital requirement despite having raised over K100 million over a year ago that was meant to recapitalize the bank. According to a statement of its final

Lusaka remains the most expensive city for a family of five as the cost of living in the capital city is still way above K5,000, according to the Jesuit Centre of Theological Reflection. In a

Inflation is likely to shoot up in the short-term, but will remain range bound, says Bank of Zambia governor Dr Denny Kalyalya. And Dr Kalyalya says local commercial banks are having challenges in meeting the

The Bank of Zambia has maintained the same Monetary Policy Rate and Statutory Reserve Ratio again in a bid to induce lower interest rates and revive economic growth. Speaking during a media briefing in Lusaka

Government has signed commercial agreements with two Israeli Companies TAHAR ZRB and Green 2000 in the Agricultural sector. Agriculture Minister Micheal Katambo said the financing agreement which will be finalized next week will allow the

Grain traders have urged government to maintain Zambia’s open-border policy to ensure the country still remains competitive regionally, especially in in view of reduced maize output this year. And the Grain Traders’ Association of Zambia

Economist Chibamba Kanyama says government should embark on a turnaround strategy for Times of Zambia Printpak to reduce the payroll and encourage a much more independent editorial policy instead of liquidating the newspaper. In February

Retail prices of mealie-meal in Lusaka have jumped by an average K10.00 in some outlets, registering an eight-month record high of K80 per 25Kg breakfast bag. And the Millers Association of Zambia (MAZ) says prices

ActionAid country director Nalucha Ziba has appealed to the Zambia Revenue Authority (ZRA) to release mine audit reports to the public and ensure that investors pay their fair share of taxation. And Ziba says the

Centre for Trade and Policy Development (CTPD) Executive Director Isaac Mwaipopo says the failure by Ministry of Finance to give consistence information about the status of national debt is what creates doubt among Zambians that