Business
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Fish farming can significantly reduce poverty levels within 2 years – KachakaZAMBIA Aquaculture Cooperative Society chairperson Collins Kachaka says Zambia’s economy can grow within a short period if government becomes serious about growing the fish farming industry. In an interview, Kachaka said the country’s economy would […]
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Delay to conclude cost of service study will subject Zambians to unfairly high tariffs – Energy expertENERGY expert Bornface Zulu says the delay to conclude the Electricity Cost of Service study will continue to subject Zambians to high electricity tariffs. Commenting on remarks by Energy Regulation Board (ERB) Chairperson Jane Kabwela […]
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BOZ purchases 478.76 Kgs of goldTHE Bank of Zambia has purchased 478.76 Kgs of gold at a cost of K604.3 million since December 2020. In a brief statement issued yesterday, the Bank of Zambia Communications Division stated that 391.92 Kgs... […]
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Under UPND Zambia’s economy will compete with Malaysia, not Zimbabwe – MusokotwaneLIUWA UPND aspiring member of parliament Dr Situmbeko Musokotwane says Zambia’s economy will continue competing against poor economies like Zimbabwe if PF remains in power. In an interview, Thursday, Dr Musokotwane said with UPND in... […]
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Price of chicken has gone crazy, people will have to take it off food list – Poultry AssociationPOULTRY Association of Zambia (PAZ) national chairperson Veronica Machungwa says the country’s economic instability is greatly contributing to the continued increase in the prices of meat products such as chicken. In an interview, Tuesday, Machungwa... […]
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After elections, commodity prices will shoot by 60 to 70, warns HambayiECONOMIST Trevor Hambayi says the current prices of commodities in the country are not determined by the market but by political forces, and once elections pass, they will shoot by about 70 per cent. And... […]
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Impact of COVID-19 on economy to be worse than expected – KanyamaECONOMIST Chibamba Kanyama has called on the Central Bank to double the K10 billion medium-term refinancing facility after completion of disbursement following the benefit it has had on the economy. And Kanyama says the impact... […]
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0.7 GPD growth insufficient to drive an economy like Zambia – HambayeECONOMIST Trevor Hambaye says the 0.7 percent Gross Domestic Product (GDP) growth recorded in the first quarter of 2021 is insufficient to drive an economy like Zambia. In an interview, Wednesday, Hambaye noted with concern... […]
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ZCCM-IH declares K53 million dividend payout to shareholdersZCCM-Investment Holdings (ZCCM-IH) has approved a K53 million dividend at K0.33 per share. In a statement, ZCCM-IH public relations manager Loisa Matha Kakoma said the K53 million dividend was arrived at after the company posted... […]
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Production At Govt-Run KCM Plummet Despite High Copper Prices. Is It Time For A Rethink?Global copper prices have reached record highs in recent months; in late May the metal was trading at $10,460 (K236,211) per tonne. For a copper-based mining economy like Zambia this should be generating increased tax […]
