Prices to remain high, says expert
PRICES of essential commodities are likely to remain high despite the appreciation of the Kwacha against the US dollar, says financial analyst Maambo Hamaundu.
Mr...
$137m for roads
The World Bank this year gave Zambia about 137 Million US dollars for rehabilitation and construction of bridges and roads in the country.
National Road...
Kwacha fails to sustain recent gains
FRIDAY’S trading session saw the Kwacha fail to sustain its recent gains against the US dollar after supply of the greenback waned, according to...
Zambia central bank leaves lending rate at 12 pct
LUSAKA Aug 5 (Reuters) - Zambia's central bank left its benchmark interest rate unchanged at 12 percent on Tuesday, saying the monetary tightening it implemented...
First Quantum Minerals disputes they owe ZRA $7.7billion
First Quantum Minerals responds to news article regarding claims by the Zambia Revenue Authority
03/20/2018
TORONTO, March 20, 2018
First Quantum Minerals Ltd today responded to a...
Former Bank of Zambia Governor’s concerns over worsening debt
Former Bank of Zambia Governor Caleb Fundanga has raised serious concerns over the country’s worsening debt situation.
In his latest paper titled, “Fit for Purpose?...
President Sata’s projection of economic growth pleases Economists
The Economy Association of Zambia (EAZ) President Mr Isaac Ngoma has Republican President Micheal Sata ‘s revelation that the country’s economy will grow by...
KWACHA UNDER PRESSURE AGAINST US DOLLAR
THE Kwacha on Thursday came under pressure against the dollar following a pickup in demand from importers.
The local unit began the day trading at K9.900 /...
Driverless Ford tackles snow problem
Motoring giant Ford says it has conducted successful tests of its driverless cars in snowy conditions.
The company said it had been running sensor tests...