BoZ purchase Gold worth K345.6 million since 2020 – MoF
• Government will also continue working with gold mining companies.• Government will continue to collect mineral royalty in line with international best practice.• Companies will
Author : Money FM
Local contractors do not capacity to undertake major projects – Milupi
• There is not a single Zambian contractor who can put up an international standard bituminous road.• Previous governments have not insisted on them being
Restructuring Zesco will negatively affect consumers – Expert
• Restructuring comes at a great cost to a consumer.• Splitting Zesco into three units will increase the overheads.• The cost is going to be
Sub-Saharan Africa Growth forecast to firm 3.7% – World Bank
• Slow progress with vaccinations is expected to underpin only a gradual recovery of domestic demand.• Growth in SSA reached an estimated 3.5 percent in
Zambia’s 2021 best stock market performance in Africa to attract investors
• Most Banks performed positively leading to a strong rise in share prices.• Increase in Economic performance is another Key driver as to why investors
Water tariff adjustment will disadvantage Consumers-ZACA
• Adjusting water tariffs upwards is not a good thing.• The consumer will be more stressed.• NWASCO should bring up charges that won’t make consumers
SACCORD urges SADC leaders to prioritize conflict prevention in Mozambique
• SACCORD welcomes President Hichilema’s participation in the SADC Heads of State Extraordinary Summit.• There is need to encourage promotion of CSOs and stakeholders’ dialogue
NWASCO receives tariff adjustment proposals
• NWASCO has been applying the Cost Recovery model since 2000.• Water and Sanitation Tariffs for all 11 water utility companies have not been adjusted
Economist attributes Kwacha depreciation to normal macro-economic indicators
• IMF Staff Level Agreement created international perspective that the country was good for investment.• The depreciation is coming from normal macro-economic indicators.• A lot
Over 40 local companies to participate at 2020 Dubai Expo
• Zambia is among over 192 countries that are at the Expo 2020 Dubai.• Zambia is expected to celebrate its National Day on 20th January,