NAPSA partial withdrawals have contributed to kwacha’s weakening – Mbambiko
THE Kitwe Chamber of Commerce says among the reasons for the kwacha’s depreciating is that the over K8.5 billion that NAPSA poured into the economy through partial withdrawals went as consumer spending. According to the Bank of Zambia website, on Wednesday last week the Kwacha was buying at K23.7553 and selling at K23.8047. In response…...
Wrongly
Cement making companies exploiting local market with price hikes – Trader
A CEMENT trader has lamented that cement making companies continue to hike cement prices on the local market while maintaining export prices. Lusaka businessman Mike Zulu says cement making companies are exploiting the local market while favouring foreign markets. In a notice dated November 22, 2023 Chilanga Cement announced an upward adjustment of its cement…...
Copper Queens gear for another Angola demolition job
THE women’s national team seeks to cement a third successive WAFCON qualification when it faces off with Angola at the Levy Mwanawasa Stadium this evening. Zambia goes into the reverse fixture carrying a 6-0 advantage courtesy of a Barbra Banda hat trick and goals apiece from Lushomo Mweemba, Ireen Lungu, and Rachael Kundananji away in…...
Musonda promises promotion on Lumwana return
NATIONAL Division One side Lumwana Radiants’ newly appointed coach Bilton Musonda has promised to guide the team back into the MTN Super League. The North Western Province-based outfit yesterday re-appointed Musonda to take charge of the team until the end of the season on a performance-based contract. Musonda is returning to North Western, seven months…...
Copper Queens must entertain fans against Angola – Kamanga
FAZ president Andrew Kamanga says the women’s national team is obliged to give Copperbelt fans and everyone else a scintillating performance when it faces off with Angola in the second leg of the 2024 WAFCON qualifier at the Levy Mwanawasa Stadium tomorrow. Bruce Mwape’s lassies head into this evening’s encounter carrying a 6-0 advantage and…...
Zambia cruises into netball AFCON finals
ZAMBIA has cruised through to the final at the ongoing net Africa Cup of Nations after beating Kenya 42-38 in a tightly contested encounter in Gaborone, Botswana yesterday. The Lazarous Tembo-coached side will now face the winners between Zimbabwe and Nambia in the final set for Wednesday. In the first quarter, Zambia led 12-6 thanks…...
A United Party that is not united: Weaknesses that will cost UPND
FOR every citizen who voted for the UPND, every member who suffered, risked life and sacrificed resources to get the UPND in power; every Zambian who endured the terror of the Patriotic Front; it must be very painful to see what is happening to the ruling party. We believe we speak for many when we…...
BOZ’s strategies for stabilising Kwacha not working – Hambayi
ECONOMIST Trevor Hambayi says the Bank of Zambia’s strategies aimed at stabilising the Kwacha against major convertibles have so far not yielded positive results. And Hambayi says government needs to create a conducive business environment for small-scale miners rather than pouncing on them for failure to pay taxes. The Bank of Zambia Monetary Policy Committee…...
80% of what we promised has come to fruition – Nkandu
MINISTER of Youth, Sport and Arts Elvis Nkandu says the UPND government has scored a distinction in terms of fulfilling its pledges because 80 percent of its promises have come to fruition. Nkandu says the new dawn administration is aware that people expected cheaper mealie meal and for fuel to cost less than K30 but…...
