TPAZ calls for extension of Forest Concession Licenses application period
• The period given is too short.• One cannot meet the requirements that have been listed in 30 days.• The Ministry must consider reviewing this
Category : Business
Kwacha continues to post marginal strength
• Last week, the Kwacha traded within a very tight range.• There was a marginal appreciation of about 0.5 percent.• Demand for US dollars is
Bus Fares for Intercity routes reduced by K10
• Bus fares for all inter-city routes have been reduced by K10.00 with effect from 12th May 2022.• Fares for other routes including inter-mine, peri-urban
Government attaches great importance to the role aviation plays – Transport Minister
• Zambia’s commitment to safe and sustainable aviation has been shown through active cooperation.• Zambia is particularly encouraged by the tremendous efforts being made by
Economist highlights consequences of FQM’s US$1.2 billion investment
• Zambia doesn’t make any mining equipment.• Talking about the multiplier effect in the Zambian economy because of US$1.2 billion is pure naivety.• Most of
Economist expects BoZ to maintain Monetary Policy Rate
• Bank of Zambia is going to keep the Monetary Policy Rate at 9 percent.• Inflation forecasts are indicating that inflation is slowing down to
Insurance sector recorded 13% growth in 2021 – IAZ
• The insurance industry grew by 13 percent in 2021 compared to 2020.• 2020 was rough because of Covid-19 issues.• Sector players are optimistic that
Ndola Chamber of Commerce urges banks to lower transaction costs
• The country is currently experiencing an unusually high cost of living due to dislocation of global trade.• Banks must work on reducing transaction costs.•
ZCCM-IH nods FQM’s US$1.25 billion mine expansion in Zambia
• The investment will lead to renewed vibrancy in the mining sector.• ZCCM-IH is pleased to partner with FQM in a manner that will build
SADC, UNESCO acknowledge Covid-19 impact on tourism
• Need for continued collaboration in sustainable tourism.• The region is home to a number of UNESCO World Heritage Sites.• The two parties have further