Green Cities are now a reality – Gai’us King
The Bridge Consortium, a Zambian sustainable infrastructure development firm is developing a green city in North Western province to help open up the area for
Category : Business
JCTR February food basket rises by K230.75
• The upward movement in the basket is attributed to increased prices in food items.January saw an increase in mealie meal prices.• JCTR remains concerned
Banks posted significant rise in profits in 2021, 2022 – BoZ
• Over 50 percent of that is coming from investment in government securities.• Part of the big investment in government securities had come during the
Zambia failing to finance social sectors owing to huge debt stock – Economist
• If the country is able to restructure its debt, most of the available resources will go towards financing the social sectors.• China’s positive response
No bus fare increment for March – CRAZ
• There is a lot of uncertainty in terms of business.• CRAZ does not see any logic for operators to start talking about adjusting the
TPAZ urges ZAFFICO to reduce timber prices by 10 percent
• ZAFFICO issue of hiking prices for timber should be done gradually.• Timber business becomes very difficult in the rainy season.• 25 percent is too
Debt restructuring discussions still going on-VEEP
• Discussions are going on to try and come to a conclusion.• Zambia does not negotiate with the G20 but International Monetary Fund official creditors.•
Kwacha continues on back foot
• The recent bond auction by Bank of Zambia indicates that only about 37% was realized from the targeted K2.6 billion.• This is a true
Smuggling of maize across borders worries BuyZed
• Government is making every effort to allow maize traders to export the commodity using the right procedures.• If smuggling of the commodity continues, there
Inaugural Capital Markets Master Plan launched
• Capital Markets Master Plan is a comprehensive long-term strategy which sets out the primary framework for Zambia’s Capital Markets development.• Zambia’s aspiration is to