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Business
16 Jan 2024
|
Philip Chisalu
Let Hanke demonstrate how he arrived at 47% as Zambia’s inflation rate – Kalyalya
BANK of Zambia Governor Dr Denny Kalyalya has challenged US economist Steve Hanke to demonstrate how he arrived at 47 percent as the official annual inflation rate for Zambia. Dr Hanke, a professor of applied economics at the... […]
15 Jan 2024
|
Philip Chisalu
Business is slow due to dollar – Car dealers
SOME car dealers have bemoaned the impact of the continued depreciation of the Kwacha against major convertible currencies on their business, saying sales are very low. Ancestor Movers Company Limited Director Simbule Simbule says his... […]
15 Jan 2024
|
Philip Chisalu
Andyford wonders why govt is failing to release information on IHR
PAC president Andyford Banda has wondered why government is failing to release details for International Resources Holdings (IHR), an Abu Dhabi firm it engaged to develop Mopani Copper Mines. Banda is concerned that the firm... […]
12 Jan 2024
|
Philip Chisalu
K3.5m for one chief’s palace not exorbitant – Govt
GOVERNMENT has justified the K3.5 million cost for constructing a chief’s palace, explaining that the amount would also cater for the building of other units. Centre for Trade Policy and Development (CTPD) Executive Director Isaac... […]
12 Jan 2024
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Philip Chisalu
Tracking exports will give govt accurate data for formulating tax policies – BAZ
THE Bankers Association of Zambia (BAZ) says the Export Proceeds Tracking Framework will help government to have accurate information in regards to tax policy formulation and ensure export visibility. In a recent gazette notice, the... […]
12 Jan 2024
|
Mwiche Nalwimba
Mwambazi urges BoZ, MoF to arrest Kwacha depreciation
PUBLIC Accounts Committee Chairperson Warren Mwambazi has urged the Bank of Zambia (BoZ) and Ministry of Finance (MoF) to quickly find a way to stabilise the Kwacha. Commenting on the depreciation of the Kwacha, which... […]
11 Jan 2024
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Philip Chisalu
Mopani, KCM resolution will impact micro economy – Chibuye
PRICEWATER Coopers (PwC) Country Senior Partner Andrew Chibuye says unlocking Mopani and KCM is likely to have a positive impact on Zambia’s micro economy in the short term. He says the 2023 global macro-economic conditions... […]
11 Jan 2024
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Philip Chisalu
CTPD questions K3.5m cost to build one chief’s palace
CENTRE for Trade Policy and Development (CTPD) Executive Director Isaac Mwaipopo has questioned the construction of one chief’s palace at K3.5 million by government, arguing that the amount is exorbitant. On Tuesday, the Zambia Correctional... […]
10 Jan 2024
|
Mwenya Mofya
We are close to handing over KCM, Mopani to investors – Govt
FINANCE and National Planning Minister Dr Situmbeko Musokotwane says government is close to handing over KCM and Mopani Copper Mines to investors, adding that for Mopani, it will be within the next five to eight... […]
8 Jan 2024
|
Zondiwe Mbewe
Access Bank completes acquisition of Atlas Mara
ACCESS Bank Zambia Limited has announced that it has completed its acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia, after obtaining all requisite regulatory approvals. Access Bank says Atlas Mara is... […]
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