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
Category : Business
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
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,
Haabazoka calls for national Indaba on Zesco, Indeni
• Unbundling of ZCCM has seen Zambia lose grip over its mineral resources.• Energy security is very important.• Splitting Zesco into three separate units will
Kwacha expected to perform better this year
• The Kwacha performed relatively better in 2021.• It gained strength by 27 percent against the United States dollar.• In 2022, the Kwacha is expected
Small Scale Miners bemoan high fuel prices
• Increase in petroleum products is steep and is bound to affect miners greatly.• Miners will be prompted to downsize the labour force so as
TPAZ urges government not to interfere with wood sector
• Government must clean up the sector by removing all illegal timber dealers.• Government should not have any interference in any business in the sector.•