Business
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Changing currency should be last resort, it’s expensive – HambayiECONOMIST Trevor Hambayi says government should consider giving an amnesty to those who stole, arguing that changing the currency to smoke them out can be an expensive venture and should therefore be a last resort. […]
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Most cash isn’t in banking system, laments BAZBANKERS Association of Zambia (BAZ) chief executive officer Leonard Mwanza has called on individuals holding on to cash outside the banking system to deposit the money in order to help boost the volume of cash […]
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We have $2.9bn in reserves, but owe $13bn – BoZBANK of Zambia governor Christopher Mvunga says President Hakainde Hichilema’s pronouncement that his government had taken over an empty Treasury was said in the context of the country having less money in its coffers compared […]
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CTPD advises BoZ to maintain policy rate at 8.5%CTPD head of research Boyd Muleya says the Bank of Zambia Monetary Policy committee should maintain the policy rate at 8.5 percent. In a statement, Tuesday, Muleya said if there was any movement in the […]
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IMF Rep calls on MusokotwaneFINANCE Minister Dr Situmbeko Musokotwane and IMF representative for Zambia Preya Sharma have discussed various aspects of strengthening the partnership between Zambia and the Fund. According to a statement issued by the Ministry of Finance, […]
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Musokotwane focussed on making necessary decisions on making debt sustainable – WoolleyBRITISH High Commissioner to Zambia Nicholas Woolley says the appointment of Dr Situmbeko Musokotwane as Finance Minister is very inspiring as he brings a huge amount of experience and expertise and won’t be shy to […]
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Remove Mvunga from BoZ, his continued stay putting economy at risk, Simumba urges HHECONOMIST Trevor Simumba has advised the UPND government to ensure that the exchange rate is held at K14 or K15 to a dollar for at least two years, warning of serious repercussions should it be […]
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Continued kwacha appreciation depends on govt’s decisions going forward – HamaunduFINANCIAL analyst Maambo Hamaundu says for the kwacha to continue on the path of appreciation, President Hakainde Hichilema needs to make certain decisions that will maintain the confidence which his election generated within the financial […]
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Experts tip Hichilema on economic recoveryDETERMINATION. Fortitude. Willpower. Grit. All words describing Zambians on election day. Air thick with anticipation, there was no telling who would emerge victorious in the August 12 elections. Multitudes of voters assembled in various locations […]
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Kanyama urges UPND to ensure citizens appreciate the sacrifice involved in fixing economyECONOMIST Chibamba Kanyama says while the UPND government is able to deliver on its campaign promises, the party will find it difficult to strike a balance between that and dealing with possible IMF conditionalities. And […]
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