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Business
12 Dec 2023
|
Mwiche Nalwimba
Our aim is to stabilise Kwacha so that it doesn’t depreciate further – Musokotwane
FINANCE Minister Dr Situmbeko Musokotwane says despite challenges in the economy, it is still better than what government inherited from the previous administration. And Dr Musokotwane says government is working towards stabilising the Kwacha so... […]
12 Dec 2023
|
Prudence Chota
Mobile Transaction Levy will shrink revenue streams – Chitotela
Pambashe PF Member of Parliament Ronald Chitotela says the introduction of the Mobile Transaction Levy will shrink the country’s revenue stream. But Finance and National Planning Minister Dr Situmbeko Musokotwane says it is not the... […]
11 Dec 2023
|
Philip Chisalu
Govt explains why prolonged debt restructuring won’t affect 2024 budget implementation
SECRETARY to the Treasury Felix Nkulukusa says the prolonged debt restructuring will not affect the implementation of the 2024 budget because Zambia’s MoU with the Official Creditor Committee allows financing institutions to lend into arrears. Recently, the... […]
11 Dec 2023
|
Barnabas Zulu
BoZ’s reactions to kwacha performance allow speculators to take advantage – Nkhoma
ECONOMIST Noel Nkhoma says the Bank of Zambia (BOZ) should not be reactive to sorting out issues surrounding the depreciation of the Kwacha because such moves give advantage to speculators on the market. A speculator... […]
8 Dec 2023
|
Philip Chisalu
Airtel to compensate customers following service disruption
AIRTEL Zambia says it will compensate customers who were affected by the network and service outage experienced on the night of December 7, 2023. And Airtel has assured customers that the money saved on its... […]
8 Dec 2023
|
Philip Chisalu
People should debate what to do with inflation information, not figures – ZamStats
THE Zambia Statistics Agency (ZamStats) says the debate on the accuracy of its inflation figures is not important, but has urged people to discuss what to do with inflation information. And ZamStats Statistician General Mulenga... […]
7 Dec 2023
|
Muzamba Siandizya
Trade Kings donates over K2m in inputs to local farmers
THE Trade Kings Foundation has donated over K2 million in form of seed and fertiliser to 500 local farmers from the Nampundwe and Chaminuka communities. Speaking during the handover of the donation, Trade Kings Group’s... […]
7 Dec 2023
|
Philip Chisalu
Govt concerned that weakening kwacha is affecting local businesses – Chipoka
COMMERCE and Trade Minister Chipoka Mulenga says government is concerned that the deprecating kwacha is affecting local businesses in a very retrogressive way. According to the Bank of Zambia’s market rates, on Tuesday at 12:30... […]
7 Dec 2023
|
Philip Chisalu
NUSFAZ hails govt for completing 2023/24 farming input distribution
NATIONAL Union for Small Scale Farmers in Zambia (NUSFAZ) president Dr Frank Kayula says government needs to be applauded for completing the fertiliser distribution exercise for the 2023/24 farming season. However, Dr Kayula has urged... […]
7 Dec 2023
|
Prudence Chota
BoZ announces decision to issue govt bonds at par in primary market
THE Bank of Zambia has announced that government bonds will be issued at par in the primary market for all new issuances effective January 2024. But economist Trevor Hambayi says the central bank’s decision is... […]
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