Business
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FRA buys 477,500.75 MT of grade A maize out of 500,000 targetTHE Food Reserve Agency (FRA) has purchased 477,500.75 metric tonnes of grade A maize out of its intended target of 500,000 metric tonnes for the 2021 crop marketing season. In a statement, Saturday, FRA public […]
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Bureaus hold on to Kwacha after sharp appreciationSOME bureau de change in Lusaka are holding on to the Kwacha after the local currency traded below K17.55 to a dollar for the first time since March 2020, A check around Lusaka found that […]
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Kwacha surges on positive investor sentiment to K17.55 per dollarTHE kwacha has rallied to K17.55 per dollar for the first time since March 2020, according to Bloomberg data. The local currency opened the day at K18.875 per dollar and has continued to appreciate in […]
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Let’s all help Bally fix our economy – HambayiECONOMIST Trevor Hambayi says it is the duty of every Zambian to help President-Elect Hakainde Hichilema to fix the country’s economy. And Hambayi says what Zambia needs the most is employment creation for the youth, […]
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You can rely on PF for a stronger economy – Ng’anduFORMER Finance Minister Dr Bwalya Ng’andu has urged Zambians to rely on the PF government for a stronger economy. In an interview, Dr Ng’andu said unlike the opposition parties, PF had a clear plan on […]
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Zambia gets $1.3bn boost from IMFTHE Ministry of Finance has announced that Zambia has received US$1.3 billion from the International Monetary Fund to boost foreign reserves under the Special Drawing Rights facility. In a statement, the Ministry of Finance said […]
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Inflation remains at 24.6 percent for JulyTHE annual inflation rate for July 2021 has remained unchanged at 24.6 percent, the same as that recorded last month, the Zambia Statistics Agency (ZSA) data shows. Meanwhile, the monthly inflation rate for July 2021... […]
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We lost revenue last year because we did not host the agricultural and commercial show – MichelloAGRICULTURAL and Commercial Society of Zambia (ACSZ) president Cosmas Michello says the society lost revenue as a result of not hosting the show last year due to the COVID-19 pandemic. Speaking when he announced the... […]
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Civil servants loans still active until govt pays in full – BAZBANKERS Association of Zambia (BAZ) Chief Executive Officer Leonard Mwanza says government is expected to finalise reconciliations with financial institutions and to also pay off loans on behalf of civil servants by July 31. Speaking... […]
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Chibamba explains kwacha gain, as PF claims creditECONOMIST Chibamba Kanyama says the Kwacha will continue to appreciate as the country heads towards the 2021 general elections, resulting from several effects. And Patriotic Front members have celebrated the achievement, bragging that the kwacha... […]
