ECONOMIST Lubinda Haabazoka says as much as the Central Bank is trying to arrest the high inflation rate, increasing the Monetary Policy Rate (MPR) is merely penalising local businesses. On Wednesday, Bank of Zambia Governor... […]

AUSTRALIAN High Commissioner to Zambia Minoli Perera says various external factors are making it difficult for Zambia’s economy to progress. In an interview, Thursday, High Commissioner Perera said the Zambian government needed the private sector’s... […]

BANK of Zambia Governor Dr Denny Kalyalya says one of the major reasons why the Central Bank has decided to introduce new notes is the challenges it is having to keep inflation down. And Dr... […]

THE Bank of Zambia has announced that it has taken possession of Ecsponent Financial Services Limited, trading as MyBucks Zambia, due to insolvency. In a statement, Monday, Bank of Zambia Communications Assistant Director Besnat Mwanza... […]

DEPUTY Chief of Mission at the Japanese Embassy Satoshi Ominato says although the Zambian government is working hard to improve the business environment, there is a need to address certain hurdles which hinder foreign business... […]

UNIVERSITY of Zambia economics lecturer Professor Manenga Ndulo says the introduction of new notes will not change the value of the currency. On Tuesday, the Bank of Zambia announced the introduction of a new family... […]

PRESIDENT Hakainde Hichilema says Africa has not been treated fairly in global business. Addressing delegates on the establishment of the Africa Credit Rating Agency (AFCRA) in Addis Ababa, Friday, President Hichilema said there was need... […]

BY launching the Electricity Open Access, I believe that the names that I have been given will not be there, says Minister of Energy Makozo Chikote. And Association of Power Companies president Sylvester Hibanjene says... […]

ECONOMIST Trevor Hambayi says the introduction of K200 and K500 notes signals that the country has an inflationary issue. And Hambayi says there will be devaluation of the Kwacha in terms of purchasing power if... […]

MINISTRY of Mines and Minerals Development Permanent Secretary Hapenga Kabeta says participants at the just ended mining indaba in South Africa wondered how the UPND government has managed to resuscitate a number of mines in... […]