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
Category : Commodities
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.•
Construction sector records negative growth rate
• This is an indication that the country is not developing as expected.• The negative growth rate is due to less construction activities in 2022.•
Zambia needs to relax on its ambitions to attain single digit inflation – Economist
• Interventions to keep the inflation rate within single digit may entail the MPC employing tight policy direction.• This may see the MPR raised slightly
ZNFU questions rationale behind government’s decision to import wheat
• It is a known fact that the country has been producing adequate wheat stocks for national consumption.• It is barely three months when wheat
Kwacha closes 2022 weaker trading at K18.26
• There has been consistency in terms of depreciation of the Kwacha in the past three months.• This is due to the dwindling of the
December inflation rises by 0.1 percent to 9.9%
• On average, prices of goods and services increased by 9.9 percent between December 2021 and December 2022.• This development was mainly attributed to movements
Zambia not likely to import onions next year – Association
• There is no shortage of onion in the country.• This is an assurance that there will be no onion importation in 2023.• Farmers must
November cost of living increases by K29.42
• The cost of living for a family of five in Lusaka for November 2022 increased to K8, 567.20.• This reflects a K29.42 increase from