Timber Producers applaud Government for reducing Timber prices
• Zambia Forestry and Forest Industries Corporation (ZAFFICO) reduces prices of Eucalyptus and Pine round wood• The move will enable ordinary Zambians to roof their
Category : Commodities
Kenya seeks to import 1 million metric tonnes of maize from Zambia, other countries
• Government will rely on commercial farmers to meet this demand.• Farmers must come on board and take advantage of this opportunity.• Initiatives such as
German Bank sets aside 12 million Euros grant to facilitate infrastructure Development in Monze
• KFW Bank says it has set aside 12 million Euros grant to facilitate infrastructure Development in Monze District• Monze is one of the targeted
Energy Expert projects fuel price increase for March 2023
• There will be a hike in fuel prices of between K1 and K2 for March 2023• this is due to the continuous depreciation of
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
Government has no intentions to push millers out of business – VEEP
• Government believes in the private sector as the engine of the country’s development.• Government will not crowd out the millers because they have the
Kwacha likely to reach K19 per US dollar this month-end
• The Kwacha is not performing very well.• It has been losing its value and might reach K19 per US dollar by the end of
December cost of living rises by K 415
• The rise in the basket is due to increased prices in food items such as 2 bags of 25kg roller Mealie Meal.• The basket
Zambia must encourage itself to export more local products – Expert
• As much as possible as a country, we must encourage ourselves to export more.• More exports will bring in more foreign exchange.• Most shops
MAZ to investigate reported Mealie Meal shortage
• MAZ investigating reports of mealie meal shortage in Lusaka and some parts of the country.• Food Reserve Agency is offloading maize to the millers.•