Business
-
Cost of living exceeds K8,500THE Jesuit Centre for Theological Reflection (JCTR) has revealed that the Basic Needs and Nutrition Basket (BNNB) for February 2021 has risen to K8, 512.31 from the January 2021 basket which was K8, 394.01. In […]
-
Non-Disclosure Agreement in Chinese loans jeopadising IMF deal for Zambia – NkhomaEconomist Noel Nkhoma says the discussion between the International Monetary Fund and government have been jeopardised because of the non-disclosure agreement in the Chinese loans. In an interview, Tuesday, Nkhoma said Zambia risks losing out […]
-
Life expectancy in Zambia has increased from 49 years to 63.9 years – ReportZAMBIA has recorded a 38.7 percent human development index value from 0.421 to 0.584 between 1990 and 2019, the 2020 Human development Report has revealed. The report, done by the United Nations Development Program (UNDP), […]
-
IMF must yield to govt’s demands for bailout package, pleads ZACCITHE International Monetary Fund should relax the criteria it uses to lend financial resources and instead yield favourable terms and conditions for Zambia to qualify for a bailout package because the country is in an […]
-
Increased BoZ lending to govt shows more money has been printed – EconomistECONOMIST Caesar Cheelo says the Bank of Zambia’s (BoZ) increased lending to government is tantamount to the printing of more money that has been reflected in the increased amount of cash in circulation. The central […]
-
Absa mourns, as executive director, Matlare, dies of Covid-19ABSA Group Limited has announced the passing of its executive director and deputy chief executive Peter Matlare, who succumbed to COVID-19-related complications. In a statement, Monday, Absa stated that the seasoned corporate executive, who was […]
-
Mopani, KCM takeover won’t increase copper productivity – MusokotwaneGOVERNMENT’s takeover of Mopani Copper Mines and Konkola Copper Mines will not increase the mining companies’ copper productivity because the move is politically-motivated and will deter the much-needed fresh capital to expand operations, says UPND […]
-
KCM’s electricity bill to CEC increases to $155mKONKOLA Copper Mines Plc (KCM) now owes Copperbelt Energy Corporation (CEC) an outstanding US $155 million electricity bill, up from around US $150 million by the end of September last year. According to a market […]
-
Zambia’s bailout package still on hold, as talks with IMF continueTHE International Monetary Fund says Zambia has made significant progress on addressing its macroeconomic challenges, but discussions on the country’s economic bailout package are expected to continue. And Finance Minister Dr Bwalya Ng’andu has reiterated […]
-
Kwacha will hit K22.50 per dollar by June 30 – ReportTHE kwacha is expected to trade at around K22.50 per dollar by the end of the half-year period, mainly in response to continued strong demand for foreign currency, compounded by weak supply. According to a […]
