Zambia should stop depending on copper – Zimba
The Islamic Supreme Council of Zambia says it is high time that the country stops depending on mining and diversifies.
Supreme Council President Suzyo Zimba...
Treasury bill expected to support Kwacha
THE Kwacha is this week expected to be weighed down by negative copper price outlook, but may receive support from the upcoming mid-month treasury...
KWACHA UNCHANGED AT K11 AMID SUBDUED ACTIVITY
WEDNESDAY’S trading session saw the Kwacha maintaining its previous day’s opening levels of K11.000 per dollar amidst subdued market activity.
Cavmont Bank Zambia daily market...
Troubled kwacha faces renewed pressure
THE kwacha is likely to come under further pressure in the short term in the absence of improved dollar inflows, says Cavmont Bank.
The kwacha...
Cash transfer hiked by 700%
GOVERNMENT has increased allocation to the social cash transfer by 700 percent leading to a rise in the number of beneficiary households from 63,...
‘Inflation to dip further’
The National Economic Advisory Council-NEAC- has projected a further decline in the national inflation rate towards the end of the financial year.
NEAC Principal Policy...
Inflation rises to 19.5 %
Zambia’s annual inflation rate for November has risen to 19.5 percent from 14.3 percent recorded in October.
Central Statistical Office -CSO- Acting Director Goodson Sinyenga...
Kwacha to remain under pressure in the days ahead
THE financial market expects the Kwacha to remain under pressure in the days ahead as the market witnesses a gradual surge in dollar demand.
Trading...
Growth of the financial services sector in Africa provides a great opportunity, says DHL
DHL (http://www.dpdhl.com) are seeing robust growth from their financial services customers in Africa and while the banking sector continues to play a significant role...